Common use of Billing and Payment Terms Clause in Contracts

Billing and Payment Terms. Netgateway shall invoice Subscriber monthly in advance of the provision of Internet commerce Services, and payment of such fees will be due within thirty (30) days of the date of each Netgateway invoice. All payments will be made in U.S. dollars, late payments hereunder will accrue interest at a rate of one and one-half percent (1-1/2%) per month, or the highest rate allowed by applicable law, whichever is lower. If in its reasonable judgment Netgateway determines that Subscriber is not creditworthy or is otherwise not financially secure, Netgateway may, upon prior written notice to Subscriber, modify the payment terms to require full payment before the provision of eCommerce Services or other assurances to secure Subscriber's payment obligations hereunder.

Appears in 1 contract

Samples: Electronic Commerce Services Agreement (Ichargeit Inc)

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Billing and Payment Terms. Netgateway shall invoice Subscriber monthly in advance of the provision of Internet commerce Commerce Services, and payment of such fees will be due within thirty (30) days of the date of each Netgateway invoice. All payments will be made in U.S. dollars, late . Late payments hereunder will accrue interest at a rate of one and one-half percent (1-1/2%) per month, or the highest rate allowed by applicable law, whichever is lower. If If, in its reasonable judgment judgment, Netgateway determines that Subscriber is not creditworthy or is otherwise not financially secure, Netgateway may, upon prior written notice to Subscriber, modify the payment terms to require full payment before the provision of eCommerce Services or other assurances to secure Subscriber's payment obligations hereunder.

Appears in 1 contract

Samples: Electronic Commerce Services Agreement (Netgateway Inc)

Billing and Payment Terms. Netgateway shall invoice Subscriber monthly in advance of the provision of Internet commerce Commerce Services, and payment of such fees will be due within thirty (30) days of the date of each Netgateway invoice. All payments will be made in U.S. dollars, late . Late payments hereunder will accrue interest at a rate of one and one-half percent (1-1 1/2%) per month, or the highest rate allowed by applicable law, whichever is lower. If in its reasonable judgment Netgateway determines that Subscriber is not creditworthy or is otherwise not financially secure, Netgateway may, upon prior written notice to Subscriber, modify the payment terms to require full payment before the provision of eCommerce Internet Services or other assurances to secure Subscriber's payment obligations hereunder.

Appears in 1 contract

Samples: Internet Services Agreement (Netgateway Inc)

Billing and Payment Terms. Netgateway shall invoice Subscriber monthly in advance of the provision of Internet commerce eCommerce Services, and payment of such fees will be due within thirty (30) days of the date of each Netgateway invoice. All payments will be made in U.S. dollars, late . Late payments hereunder will accrue interest at a rate of one and one-half percent (1-1 1/2%) per month, or the highest rate allowed by applicable law, whichever is lower. If If, in its reasonable judgment Netgateway determines that Subscriber is not creditworthy or is otherwise not financially secure, Netgateway may, upon prior written notice to Subscriber, modify the payment terms to require full payment before the provision of eCommerce Services or other assurances to secure Subscriber's payment obligations hereunder.

Appears in 1 contract

Samples: Systems Integrator Agreement (Netgateway Inc)

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Billing and Payment Terms. Netgateway shall invoice Subscriber monthly in advance of the provision of Internet commerce eCommerce Services, and payment of such fees will be due within thirty (30) days of the date of each Netgateway invoice. All payments will be made in U.S. dollars, late . Late payments hereunder will accrue interest at a rate of one and one-half percent (1-1 1/2%) per month, or the highest rate allowed by applicable law, whichever is lower. If If, in its reasonable judgment Netgateway determines that Subscriber is not creditworthy or is otherwise not financially secure, Netgateway may, upon prior written notice to Subscriber, modify the payment terms to require full payment before the provision of eCommerce Services or other assurances to secure Subscriber's payment obligations hereunder.

Appears in 1 contract

Samples: Systems Integrator Agreement (Netgateway Inc)

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