Common use of Credit, Payment and Collection Clause in Contracts

Credit, Payment and Collection. You will receive a single bill for both your electricity and the delivery of such electricity from your utility distribution company. Payment is due by the date set forth on the invoice. Should you fail to pay the bill or fail to meet any agreed upon payment arrangement, XOOM may terminate your contract upon fourteen (14) days written notice and your service may be terminated in accordance with your local utility’s tariffs, in which case XOOM may seek cost recovery fees as set out herein. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing or plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all electricity received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM. XOOM is offering budget billing for the generation portion of the bill at this time.

Credit, Payment and Collection. You will receive a single monthly bill for both your electricity and the delivery of such electricity from your utility distribution company. Payment is due by the date set forth on the invoice. Should you fail to pay monthly the bill or fail to meet any agreed upon payment arrangement, XOOM may terminate your contract upon fourteen (14) days written notice and your service may be terminated in accordance with your local utility’s tariffs, in which case XOOM may seek cost recovery fees as set out herein. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing or plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all electricity received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM. XOOM is offering budget billing for the generation portion of the bill at this time.

Credit, Payment and Collection. You will receive a single monthly bill for both your electricity natural gas and the delivery of such electricity natural gas from your utility distribution company. Payment is due by the date set forth on the invoice. Should you fail to pay the monthly bill or fail to meet any agreed upon payment arrangement, XOOM may terminate your contract upon fourteen (14) days written notice and your service may be terminated in accordance with your local utility’s tariffs, in which case tariffs and your contract with XOOM may seek cost recovery be automatically terminated, leading to XOOM seeking early termination fees as set out herein. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing or plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all electricity natural gas received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM. XOOM is offering budget billing for the generation portion of the bill at this time.

Credit, Payment and Collection. You will receive a single bill for both your electricity and the delivery of such electricity from your utility distribution company. Payment is due by the date set forth on the invoice. Should you fail to pay the bill or fail to meet any agreed upon payment arrangement, XOOM may terminate your contract upon fourteen (14) days written notice and your service may be terminated in accordance with your local utility’s tariffs, in which case XOOM may seek cost recovery early termination fees as set out herein. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing or plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all electricity received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM. XOOM is offering budget billing for the generation portion of the bill at this time.