Should the grantee ever fail to pay any sums of money to the franchise authority owing to the grantor, under provisions of this agreement when such sum becomes due and payable, grantee shall pay interest to the franchise authority on the delinquent sum until it is fully paid, at two (2) interest points above the prime rate of interest charged in Belgrade city area as calculated by the franchise authority. (Ord. 94-4, 8-1-1994)
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