Late charges of 1% per month on overdue payments
Catalog row in Vendor License Rules · Cited
- Kind
- Commercial
- Statement
- UMSA Americas Clause 1.2: an overdue payment not under good faith dispute may accrue, at Workday's discretion, late charges of 1% of the outstanding balance per month (or part thereof) or the legal maximum, whichever is lower.
- Applies when
- A payment is past its due date.
- Applies to
- Workday Service subscriptions under the UMSA.