What interest rate does Christies International Real Estate charge on overdue amounts?

count within three days. You will maintain a balance in your account sufficient to allow us to collect the amounts owed to us when due. You will be responsible for any penalties, fines or similar expenses associated with the transfer of funds described herein. We reserve the right to modify the payment methods and schedule in our Operations Manual from time to time at our option.

• 3.10. Delinquency. If any Royalty fees or other amounts owed to us are not paid in full by the due date, we may charge you a late payment fee of one hundred dollars ($100) for each failure to pay each fee on time, and interest on the overdue amount at the rate of one and one-half percent (1.5%) per month (or the maximum rate permitted by applicable law, if less than one and one-half percent (1.5%)) from the date such amount was due until paid in full. Unpaid interest charges will compound annually.
• 3.11. Application of Payments. We may apply any payments received from you against any indebtedness you owe to us.
• **3.12. Withhold

Source: Item 23 — RECEIPT (FDD pages 54–177)