Common use of Consequences of late payment Clause in Contracts

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.

Appears in 4 contracts

Samples: General Terms of Childcare Agreement, General Terms of Childcare Agreement, General Terms of Childcare Agreement

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