求翻译：若承诺方未按期支付此确认款项,应按每延误一天向上海悦水文化传播有限公司公司赔偿总金额的5%为滞纳金。是什么意思？

If the commitment to the party fails to pay on the proceeds of this confirmation, Culture Communication Co., Ltd. The total amount of compensation should be each day of delay up Serene water 5% late fee.

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If the pledge side on time has not paid this confirmation fund, should according to delay one day to compensate the aggregate amount to the Shanghai pleased water culture dissemination limited company company 5% is the fine for delayed payment every time.

If commitment this confirmation is not paid money, water should be every delayed day to the Shanghai Grand Hyatt culture dissemination limited company 5% of the total amount of compensation for late payments.

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