Consequences of late payment. A default in payment occurs upon the receivable due date without a reminder being required. The Crèche furthermore reserves the right to immediately terminate the Agreement without notice after a period of 30 days after the date of arrears has expired. The right to repayment of the deposit shall become inapplicable with immediate effect in all cases of late payment.
Consequences of late payment. Betty Blocks is authorized to exclude Client from participation in the Training Course if the outstanding amounts are not received by Betty Blocks before the start of the Training Course.
Consequences of late payment. If difficulties arise in the payment of the amount of the invoice sent to the Customer, OVH will send an email to the Customer at the address provided in the OVH manager requesting its immediate payment and at the latest within eight days after sending this email to prevent any interruption of service.
Consequences of late payment. 1. In the event of the Lessee’s default regarding payment of the Rental Fee or any other payment obligation due under the rental agreement, the Lessor shall have the right to enforce a default penalty and interest on arrears for the period lasting from due date until the date of performance.
2. The amount of the default penalty is included in the Fee schedule of the GTC.
Consequences of late payment. If the Customer fails to pay when due any amount, Chase Telco will be entitled to:
(a) Charge interest on the overdue amount (both before and after judgment), at the rate of 6% above the cash rate set by the Reserve Bank of Australia. This interest will be calculated daily and compounded every 30 days;
(b) Impose a charge to cover its reasonable expenses and costs incurred in enforcing any failure or delay in the payment (including the cost of engaging a debt recovery agent); and
(c) Suspend provision of the Service in accordance with clause 10 below.
Consequences of late payment. 18.2.1 If the Lessee fails to pay any amount due and payable by it under this Agreement on its due date, without prejudice to any other remedies of the Lessor, default interest shall accrue on the overdue amount from the due date up to the date of actual payment (both before and after judgment) at a rate equal to, 1 per cent. during the period of non-payment.
18.2.2 Any default interest accrued under this Clause 18.2 shall be payable on any Lease Payment Date by the Lessee or on demand by the Lessor or the FleetCo Security Agent. Default interests (if unpaid) arising on an overdue amount will be compounded and capitalised with the overdue amount at the end of each period applicable to that overdue amount but will remain immediately due and payable.
Consequences of late payment. If the customer does not pay within the agreed term, Xxxxx.xxxxx is entitled to charge an interest of 2% per month for non-commercial transactions from the day the customer is in default, whereby a part of a month is counted for a whole month.
Consequences of late payment. 4.1 In the event the Qualified Bidder fails or refused to settle all necessary payment for purchase of the Vehicle including the Final Bid Price, Handling Fee and such other fees payable thereto (if any) before or on the Payment Due Date, a Late Payment Charges at the rate of eighteen per centum (18%) per annum calculated on a daily basis will be imposed on the total outstanding that are due and payable to Carsome until the date of full settlement.
4.2 If the Qualified Bidder fails to settle all outstanding sums including Late Payment Charges within seven (7) Days from the Transaction Date or such other period of time as may be decided by Xxxxxxx from time to time at its sole discretion, Xxxxxxx shall have the right after expiry of such period to:
(a) exercise its rights under Clause 7 of this Agreement; and
(b) feature the Vehicle on the Platform for subsequent Live Bidding Event or deal with the Vehicle in any manner as Carsome deems fit.
4.3 Notwithstanding anything to the contrary contained within this Agreement, the Qualified Bidder agrees that Xxxxxxx is entitled, to the extent permitted by law, to set off any moneys which may at any time be payable by the Qualified Bidder to Carsome on any account against any moneys which may be payable by the Qualified Bidder to Carsome pursuant to this Agreement.
Consequences of late payment. 6.1 If any payment is not made within 30 days of the date of the invoice interest shall accrue thereafter on the amount unpaid at the rate of 4% above the prevailing base rate of Barclays Bank Plc per year accruing on a daily basis from the date on which payment became due until the date on which payment has been received.
6.2 If at the end of a further period of 30 days the payment together with interest accrued has not been received by the GPRD Group, the GPRD Group may immediately suspend the Customer’s licence set out in clause 3.1 without notice until payment (including interest) is made. The Licence Period shall not be extended to take account of the period of any such suspension of access. Whether or not the GPRD Group chooses not to suspend the Customer’s licence in accordance with the provisions of this clause, interest shall continue to accrue on the amount unpaid at the rate specified at clause 6.1 above.
6.3 If any payment due under this Agreement is outstanding for more than 8 weeks after the initial 30 day period from the date of the invoice for payment has expired, the GPRD Group may terminate this Agreement without further notice.
Consequences of late payment. 6.1. Prices and payment terms for the smec services used by the Client will be stipulated in individual agreements or product-specific terms and conditions.
6.2. All smec services that are not performed on a one-off basis share the feature that costs associated with the implementation of the software necessary for the performance of the service as well as with market observation and campaign organisation will not initially be reimbursed in full, but will be taken into account in the ongoing support costs.
6.3. smec is entitled, in the event of qualified default of payment by the Client, to pause its own service and/or the functionality of the software used or provided until all uncorrected outstanding and currently due payments have been made in full by the Client. A qualified default of payment is present if payments or parts thereof have not been made punctually despite a written reminder and a subsequent period for remedy.
6.4. smec’s right to pause its own service and/or the functionality of the software used or provided will not entitle the Client to refuse payment of current claims or (even only) withhold partial amounts. A justified pause by smec will not constitute grounds for the Client to end the contractual relationship with smec early for good cause.
6.5. If the Client is in default of an agreed (partial) payment, smec is entitled to charge default interest in the amount of 9.2 percentage points above the base interest rate per year. The assertion of additional default damages or reminder charges and the costs for corresponding legal prosecution will remain unaffected by this. In the event of default of payment, including for partial payments, all possible discount agreements become void. In the event of default of payment, pre-established instalment deadlines will also cease to apply. If the Client is in qualified default of payment (6.3), smec is also entitled to declare immediate dissolution of the contractual relationship with good cause.
