Common use of CHARGES AND SETTLEMENT Clause in Contracts

CHARGES AND SETTLEMENT. 8.1 Each Party shall prepare a monthly invoice for each Service provided under this Agreement and in accordance with the terms of the Billing Procedures defined under Annex C. Each Party shall forward such monthly invoices to the other Party after the calendar month to which the invoice relates. 8.2 All invoices shall be paid in full within 30 days of the invoice date, subject to the provisions of Clause 9 in relation to disputed invoices. 8.3 The Parties shall implement and observe the provisions in respect of billing and payment of charges set out in Annex C and the Charges for the Services as described in Annex B. 8.4 The primary responsibility for traffic measurement shall reside with the Invoicing Party for any particular Interconnect Service. However, both Parties shall ensure that they each record measurements of traffic in sufficient detail to meet their obligations as set out herein. 8.5 The currency of settlement shall be Euro or as defined in any related agreement. The Charges as described in Annex B refer to charges excluding VAT. All tariffs, rates, charges and any other payment as may be applied to the amounts under this Agreement are quoted exclusive of all taxes and duties levied in any jurisdiction on the Services of the Parties (including but not limited to Value Added Tax and any Sales or Turnover tax). All such taxes and duties shall be borne and paid by the Party at the rate and in the manner prescribed by law in the Party’s country. 8.6 The invoice shall be sent by email and shall be deemed received after the fifth (5) day sent if no other evidence of receipt is available. 8.7 After expiry of not less than seven (7) days’ notice stating a Party’s intention to claim interest on sums not paid in accordance with the Agreement, the Party claiming interest shall be entitled to charge and receive interest in respect of any amount due or deemed to be payable under this Agreement (which shall be subject to a separate invoice containing the information set out in Section 1.3 of Annex C) at a rate of 5% per annum over the base lending rate of the ECB from the date due until payment. Interest shall accrue daily but shall not be compounded. 8.8 All payments shall be either made directly via wire transfer or by direct debit as specified on the Supplemental Agreement. 8.9 Either Party shall be entitled to deduct from or set off against any money due by it to the other Party any sums which are due by the other Party to it.

CHARGES AND SETTLEMENT. 8.1 6.1 Each Party shall prepare a monthly invoice for each Service provided under this Agreement and in accordance with the terms of the Billing Procedures defined under Annex C. Schedule 5. Each Party shall forward such monthly invoices to the other Party after the calendar month to which the invoice relates. 8.2 6.2 All invoices shall be paid in full within 30 days of the invoice date, subject to the provisions of Clause 9 7 in relation to disputed invoices. 8.3 6.3 The Parties shall implement and observe the provisions in respect of billing and payment of charges set out in Annex C Schedule 6 and the Charges for the Services as described in Annex B.Schedule 5. 8.4 6.4 The primary responsibility for traffic measurement shall reside with the Invoicing Party for any particular Interconnect Service. However, both Parties shall ensure that they each record measurements of traffic in sufficient detail to meet their obligations as set out herein. 8.5 6.5 The currency of settlement shall be Euro or as defined in any related agreement. The Charges as described in Annex B Schedule 5 refer to charges excluding VAT. All tariffs, rates, charges and any other payment as may be applied to the amounts under this Agreement are quoted exclusive of all taxes and duties levied in any jurisdiction on the Services of the Parties (including but not limited to Value Added Tax and any Sales or Turnover tax). All such taxes and duties shall be borne and paid by the Party at the rate and in the manner prescribed by law in the Party’s country. 8.6 6.6 The invoice shall be sent by email and shall be deemed received after the fifth (5) day sent if no other evidence of receipt is available. 8.7 6.7 After expiry of not less than seven (7) days’ notice stating a Party’s intention to claim interest on sums not paid in accordance with the Agreement, the Party claiming interest shall be entitled to charge and receive interest in respect of any amount due or deemed to be payable under this Agreement (which shall be subject to a separate invoice containing the information set out in Section 1.3 3 of Annex CSchedule 5) at a rate of 5% [TBC] per annum over the base lending rate of the ECB from the date due until payment. Interest shall accrue daily but shall not be compounded. 8.8 6.8 All payments shall be either made directly via wire transfer or by direct debit as specified on the Supplemental Agreement. 8.9 6.9 Either Party shall be entitled to deduct from or set off against any money due by it to the other Party any Partyany sums which are due by the other Party to it.

CHARGES AND SETTLEMENT. 8.1 Each Party shall prepare a monthly invoice for each Service provided under this Agreement and in accordance with the terms of the Billing Procedures defined under Annex C. Each Party shall forward such monthly invoices to the other Party after the calendar month to which the invoice relates. 8.2 All invoices shall be paid in full within 30 days of the invoice date, subject to the provisions of Clause 9 in relation to disputed invoices. 8.3 The Parties shall implement and observe the provisions in respect of billing and payment of charges set out in Annex C and the Charges for the Services as described in Annex B. 8.4 The primary responsibility for traffic measurement shall reside with the Invoicing Party for any particular Interconnect Service. However, both Parties shall ensure that they each record measurements of traffic in sufficient detail to meet their obligations as set out herein. 8.5 The currency of settlement shall be Euro or as defined in any related agreement. The Charges as described in Annex B refer to charges excluding VAT. All tariffs, rates, charges and any other payment as may be applied to the amounts under this Agreement are quoted exclusive of all taxes and duties levied in any jurisdiction on the Services of the Parties (including but not limited to Value Added Tax and any Sales or Turnover tax). All such taxes and duties shall be borne and paid by the Party at the rate and in the manner prescribed by law in the Party’s country. 8.6 The invoice shall be sent by email and shall be deemed received after the fifth (5) day sent if no other evidence of receipt is available. 8.7 After expiry of not less than seven (7) days’ notice stating a Party’s intention to claim interest on sums not paid in accordance with the Agreement, the Party claiming interest shall be entitled to charge and receive interest in respect of any amount due or deemed to be payable under this Agreement (which shall be subject to a separate invoice containing the information set out in Section 1.3 of Annex C) at a rate of 5% per annum over the base lending rate of the ECB from the date due until payment. Interest shall accrue daily but shall not be compounded. 8.8 All payments shall be either made directly via wire transfer or by direct debit as specified on the Supplemental Agreement. 8.9 Either Party shall be entitled to deduct from or set set-off against any money due by it to the other Party any sums which are due by the other Party to it.

CHARGES AND SETTLEMENT. 8.1 Each Party 8 of 30 6.1. Voxbone shall prepare a monthly invoice for each Service the Services provided under this Agreement and in accordance with the terms of the Billing Procedures and conditions defined under Annex C. Each Party Annexes A and B relating to the applicable Charges and Billing Procedures. Voxbone shall forward such monthly invoices to the other Party Operator after the calendar month to which the invoice relates. 8.2 6.2. All invoices shall be paid in full within 30 days of the invoice date, subject to the provisions of Clause 9 7 in relation to disputed invoices. 8.3 The Parties shall implement and observe the provisions in respect of billing and payment of charges set out in Annex C and the Charges for the Services as described in Annex B. 8.4 6.3. The primary responsibility for traffic measurement shall reside with the Invoicing Party Voxbone for any particular Interconnect Serviceall Services. However, both Parties shall ensure that they each record measurements of traffic in sufficient detail to meet their obligations as set out hereinin this Agreement. 8.5 6.4. The currency of settlement shall be Euro or as defined in any related agreementEURO. The Charges as described in Annex B A refer to charges excluding VAT. All tariffs, rates, charges and any other payment as may be applied to the amounts under this Agreement are quoted exclusive of all taxes and duties levied in any jurisdiction on the Services of the Parties (including but not limited to Value Added Tax VAT and any Sales sales or Turnover turnover tax). All such taxes and duties shall be borne and paid by the Party at the rate and in the manner prescribed by law in the Party’s countryOperator. 8.6 6.5. The invoice shall be sent by email e-mail and shall be deemed received after the fifth (5) day sent if no other evidence of receipt is available. 8.7 6.6. After expiry of not less than seven thirty (730) days’ notice stating a PartyVoxbone’s intention to claim interest on sums not paid in accordance with the Agreement, the Party claiming interest Voxbone shall be entitled to charge and receive interest in respect of any amount due or deemed to be payable under this Agreement (which shall be subject to a separate invoice containing the information set out in Section 1.3 of Annex Cinvoice) at a rate of 52% per annum over the base lending rate of the ECB from the date due until payment. Interest shall accrue daily but shall not be compounded. 8.8 6.7. All payments shall be either made directly via wire transfer or by direct debit debit, as specified on agreed between the Supplemental AgreementParties. 8.9 Either Party shall be entitled to deduct from or set off against any money due by it to the other Party any sums which are due by the other Party to it.

CHARGES AND SETTLEMENT. 8.1 6.1 Each Party shall prepare a monthly invoice for each Service provided under this Agreement and in accordance with the terms of the Billing Procedures defined under Annex C. Schedule 5. Each Party shall forward such monthly invoices to the other Party after the calendar month to which the invoice relatesrelates . 8.2 6.2 All invoices shall be paid in full within 30 days of the invoice date, subject to the provisions of Clause 9 7 in relation to disputed invoices. 8.3 6.3 The Parties shall implement and observe andobserve the provisions in respect of billing and payment of charges set out in Annex C Schedule 6 and the Charges for the Services as described in Annex B.Schedule 5. 8.4 6.4 The primary responsibility for traffic measurement shall reside with the Invoicing Party for any particular Interconnect Service. However, both Parties shall ensure that they each record measurements of traffic in sufficient detail to meet their obligations as set out herein. 8.5 6.5 The Parties acknowledge and agree that each Party is responsible for ensuringthat calls are routed correctly to the relevant terminating networkand therefore in respect of calls to ported fixed or mobile numbers the originating operator shouldcarryout a look upon the relevant fixed or mobile porting database to establish the correct network for termination of calls. In the event IO does not have access to such databases or routes calls to Virgin Media for termination of calls to ported numbers which results in Virgin Media incurring transit costs to another networkor terminating calls with another network Virgin Media reserves the right to pass on such additional costs to the IO and the Dispute Resolution Procedure as set out Clauses 7 and 8 shall not apply. 6.6 The currency of settlement shall be Euro or as defined in any inany related agreement. The Charges as described in Annex B Schedule 5 refer to charges excluding VAT. All tariffs, rates, charges and any other payment as may be applied to the amounts under this Agreement are quoted exclusive of all taxes and duties levied in any jurisdiction on the Services of the Parties (including but not limited to Value Added Tax and any Sales or Turnover tax). All such taxes suchtaxes and duties shall be borne and paid by andpaidby the Party at the rate and in the manner prescribed by law in the Party’s country. 8.6 6.7 The invoice shall be sent by email and shall be deemed received after the fifth (5) day sent if no other evidence of receipt is available. 8.7 6.8 After expiry of not less than seven (7) days’ notice stating a Party’s intention to claim interest on sums not paid in accordance with the withthe Agreement, the Party claiming interest shall be entitled to entitledto charge and receive interest in respect of any amount due or deemed to be payable under this Agreement (which shall be subject to a separate invoice containing the information set out in Section 1.3 3 of Annex CSchedule 5) at a rate of 5% [TBC] per annum over the base lending rate of the ECB from the date due until payment. Interest shall accrue daily but shall not be compounded. 8.8 6.9 All payments shall be either made directly via wire transfer or by direct debit as specified on the Supplemental Agreement. 8.9 6.10 Either Party shall be entitled to deduct from or set off against any money anymoney due by it to the other Party any sums which are whichare due by the other Party to it.

CHARGES AND SETTLEMENT. 8.1 9.1 Each Party shall prepare a monthly invoice for each Service provided under this Agreement and in accordance with the terms of the Billing Procedures defined under Annex C. B. Each Party shall forward such monthly invoices to the other Party after the calendar month to which the invoice relates. 8.2 9.2 All invoices shall be paid in full within 30 days of the invoice date, subject to the provisions of Clause 9 10 in relation to disputed invoices. 8.3 9.3 The Parties shall implement and observe the provisions in respect of billing and payment of charges set out in Annex C B and the Charges for the Services as described in Annex B.A. 8.4 9.4 The primary responsibility for traffic measurement shall reside with the Invoicing Party for any particular Interconnect Service. However, both Parties shall ensure that they each record measurements of traffic in sufficient detail to meet their obligations as set out herein. 8.5 9.5 The currency of settlement shall be Euro or as defined in any related agreementEuro. The Charges as described in Annex B A refer to charges excluding VAT. All tariffs, rates, charges and any other payment as may be applied to the amounts under this Agreement are quoted exclusive of all taxes and duties levied in any jurisdiction on the Services of the Parties (including but not limited to Value Added Tax and any Sales or Turnover tax). All such taxes and duties shall be borne and paid by the Party at the rate and in the manner prescribed by law in the Party’s country. 8.6 9.6 The invoice shall be sent by email and shall be deemed received after the fifth (5) day sent if no other evidence of receipt is available. 8.7 9.7 After expiry of not less than seven (7) days’ notice stating a Party’s intention to claim interest on sums not paid in accordance with the Agreement, the Party claiming interest shall be entitled to charge and receive interest in respect of any amount due or deemed to be payable under this Agreement (which shall be subject to a separate invoice containing the information set out in Section 1.3 3 of Annex CB) at a rate of 52% per annum over the base lending rate of the ECB from the date due until payment. Interest shall accrue daily but shall not be compounded. 8.8 9.8 All payments shall be either made directly via wire transfer or by direct debit as specified on the Supplemental Agreement. 8.9 9.9 Either Party shall be entitled to deduct from or set off against any money due by it to the other Party any sums which are due by the other Party to it.

CHARGES AND SETTLEMENT. 8.1 6.1 Each Party shall prepare a monthly invoice for each Service provided under this Agreement and in accordance with the terms of the Billing Procedures defined under Annex C. Schedule 5. Each Party shall forward such monthly invoices to the other Party after the calendar month to which the invoice relates. 8.2 6.2 All invoices shall be paid in full within 30 days of the invoice date, subject to the provisions of Clause 9 7 in relation to disputed invoices. 8.3 6.3 The Parties shall implement and observe the provisions in respect of billing and payment of charges set out in Annex C Schedule 6 and the Charges for the Services as described in Annex B.Schedule 5. 8.4 6.4 The primary responsibility for traffic measurement shall reside with the Invoicing Party for any particular Interconnect Service. However, both Parties shall ensure that they each record measurements of traffic in sufficient detail to meet their obligations as set out herein. 8.5 6.5 The Parties acknowledge and agree that each Party is responsible for ensuring that calls are routed correctly to the relevant terminating network and therefore in respect of calls to ported fixed or mobile numbers the originating operator should carry out a look up on the relevant fixed or mobile porting database to establish the correct network for termination of calls. In the event IO does not have access to such databases or routes calls to Virgin Media for termination of calls to ported numbers which results in Virgin Media incurring transit costs to another network or terminating calls with another network Virgin Media reserves the right to pass on such additional costs to the IO and the Dispute Resolution Procedure as set out Clauses 7 and 8 shall not apply. 6.6 The currency of settlement shall be Euro or as defined in any related agreement. The Charges as described in Annex B Schedule 5 refer to charges excluding VAT. All tariffs, rates, charges and any other payment as may be applied to the amounts under this Agreement are quoted exclusive of all taxes and duties levied in any jurisdiction on the Services of the Parties (including but not limited to Value Added Tax and any Sales or Turnover tax). All such taxes and duties shall be borne and paid by the Party at the rate and in the manner prescribed by law in the Party’s country. 8.6 6.7 The invoice shall be sent by email and shall be deemed received after the fifth (5) day sent if no other evidence of receipt is available. 8.7 6.8 After expiry of not less than seven (7) days’ notice stating a Party’s intention to claim interest on sums not paid in accordance with the Agreement, the Party claiming interest shall be entitled to charge and receive interest in respect of any amount due or deemed to be payable under this Agreement (which shall be subject to a separate invoice containing the information set out in Section 1.3 3 of Annex CSchedule 5) at a rate of 5% [TBC] per annum over the base lending rate of the ECB from the date due until payment. Interest shall accrue daily but shall not be compounded. 8.8 6.9 All payments shall be either made directly via wire transfer or by direct debit as specified on the Supplemental Agreement. 8.9 6.10 Either Party shall be entitled to deduct from or set off against any money due by it to the other Party any sums which are due by the other Party to it.

CHARGES AND SETTLEMENT. 8.1 6.1 Each Party shall prepare a monthly invoice for each Service provided under this Agreement and in accordance with the terms of the Billing Procedures defined under Annex C. Schedule 5. Each Party shall forward such monthly invoices to the other Party after the calendar month to which the invoice relatesrelates . 8.2 6.2 All invoices shall be paid in full within 30 days of the invoice date, subject to the provisions of Clause 9 7 in relation to disputed invoices. 8.3 6.3 The Parties shall implement and observe andobserve the provisions in respect of billing and payment of charges set out in Annex C Schedule 6 and the Charges for the Services as described in Annex B.Schedule 5. 8.4 6.4 The primary responsibility for traffic measurement shall reside with the Invoicing Party for any particular Interconnect Service. However, both Parties shall ensure that they each record measurements of traffic in sufficient detail to meet their obligations as set out herein. 8.5 6.5 The currency of settlement shall be Euro or as defined in any inany related agreement. The Charges as described in Annex B Schedule 5 refer to charges excluding VAT. All tariffs, rates, charges and any other payment as may be applied to the amounts under this Agreement are quoted exclusive of all taxes and duties levied in any jurisdiction on the Services of the Parties (including but not limited to Value Added Tax and any Sales or Turnover tax). All such taxes suchtaxes and duties shall be borne and paid by andpaidby the Party at the rate and in the manner prescribed by law in the Party’s country. 8.6 6.6 The invoice shall be sent by email and shall be deemed received after the fifth (5) day sent if no other evidence of receipt is available. 8.7 6.7 After expiry of not less than seven (7) days’ notice stating a Party’s intention to claim interest on sums not paid in accordance with the withthe Agreement, the Party claiming interest shall be entitled to entitledto charge and receive interest in respect of any amount due or deemed to be payable under this Agreement (which shall be subject to a separate invoice containing the information set out in Section 1.3 3 of Annex CSchedule 5) at a rate of 5% [TBC] per annum over the base lending rate of the ECB from the date due until payment. Interest shall accrue daily but shall not be compounded. 8.8 6.8 All payments shall be either made directly via wire transfer or by direct debit as specified on the Supplemental Agreement. 8.9 6.9 Either Party shall be entitled to deduct from or set off against any money anymoney due by it to the other Party any sums which are whichare due by the other Party to it.