Default and reminders Sample Clauses

Default and reminders. If payment is not received or not received in full by the payment deadline, you are automatically in default. Statutory default interest is then payable. Swizzonic Ltd. sends at least one reminder. In this case, you have to cover the costs of Swizzonic Ltd. In the amount of CHF 9.50 for reminders and any collection costs, including court costs and legal fees. If no payment is made even after a reminder, Swizzonic Ltd. will be entitled to block the account, and if it wishes, suspend all other services and in particular to delete all registered DOMAINs, or to terminate the contract instantly without compensation as stipulated under clause 6.3. Swizzonic Ltd. accepts no liability for any of your losses, claims etc. arising as a result of blocking or suspending the services or of the notice of instant termination. The services may be reinstated subject to the flat rate charge published on the website of Swizzonic Ltd. following receipt of the payment for the charges owed, including the flat rate charge. Swizzonic Ltd. further reserves the right to commission a debt collection agency and / or a solicitor with the collection of any outstanding payments. In that case, you will have to bear the costs for the enforcement of receivables including the cost of legal advice, address research and telecommunication costs, as well as the flat fee for the reminders and administration. If no payment after the debt collection attempts is made, enforcement through legal, including court, action including all costs arising from this may be commenced.
Sample 1
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Default and reminders. If payment is not received or not received in full by the payment deadline, you are automatically in default. Statutory default interest is then payable. switchplus ltd. sends at least one reminder. In this case, you have to cover the costs of switchplus ltd. for reminders and any collection costs, including court costs and legal fees. If no payment is made even after a reminder, switchplus ltd. shall be entitled to block the account, and if it wishes, to suspend all other services and in particular to delete all registered DOMAINs, or to terminate the contract immediately without notice or compensation as described under clause 6.3. switchplus ltd. accepts no liability for any of your losses, claims etc. arising as a result of the block or suspension of the services or of the immediate notice. The service may be reinstated subject to a flat rate charge published on the website of switchplus ltd., following receipt of the payment for the charges owed, including the flat rate charge. switchplus ltd. further reserves the right to commission a debt collection agency and / or a solicitor’s office with the collection of the outstanding payments. In that case you will have to bear the costs for the enforcements of receivables which consist of legal advice, address research and telecommunication, as well as the flat fee for the reminders and administration. If there is no payment after the debt collection attempts out of court, a prosecution, the enforcement through legal actions as well as the created costs are reserved.
Sample 1

Related to Default and reminders

  • Default and Remedies Either of the following constitutes cause to declare this Contract, or any Participating Entity order under this Contract, in default:

  • Events of Default and Remedies Section 8.01

  • DEFAULT AND POSSESSION In the event that the Lessee shall fail to pay said rent, and expenses as set forth herein, or any part thereof, when the same are due and payable, or shall otherwise be in default of any other terms of said Lease for a period of more than 15 days, after receiving notice of said default, then the parties hereto expressly agree and covenant that the Lessor may declare the Lease terminated and may immediately re-enter said Premises and take possession of the same together with any of Lessee’s personal property, equipment or fixtures left on the Premises which items may be held by the Lessor as security for the Lessee’s eventual payment and/or satisfaction of rental defaults or other defaults of Lessee under the Lease. It is further agreed, that if the Lessee is in default, that the Lessor shall be entitled to take any and all action to protect its interest in the personal property and equipment, to prevent the unauthorized removal of said property or equipment which threatened action would be deemed to constitute irreparable harm and injury to the Lessor in violation of its security interest in said items of personal property. Furthermore, in the event of default, the Lessor may expressly undertake all reasonable preparations and efforts to release the Premises including, but not limited to, the removal of all inventory, equipment or leasehold improvements of the Lessee’s, at the Lessee’s expense, without the need to first procure an order of any court to do so, although obligated in the interim to undertake reasonable steps and procedures to safeguard the value of Lessee’s property, including the storage of the same, under reasonable terms and conditions at Lessee’s expense, and, in addition, it is understood that the Lessor may xxx the Lessee for any damages or past rents due and owing and may undertake all and additional legal remedies then available. In the event any legal action has to be instituted to enforce any terms or provisions under this Lease, then the prevailing party in said action shall be entitled to recover a reasonable attorney's fee in addition to all costs of said action. Rent which is in default for more than days after due date shall accrue a payment penalty of one of the following: (Choose One) ☐ - Interest at a rate of percent ( %) per annum on a daily basis until the amount is paid in full. ☐ - Late fee of dollars ($ ) per day until the amount is paid in full. In this regard, all delinquent rental payments made shall be applied first toward interest due and the remaining toward delinquent rental payments.

  • Default and Consequences of Default 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

  • Performance Default and Remedies Subsection B. DEFAULT AND REMEDIES, second paragraph of the Contract is modified as follows (underlined language is added and stricken language is deleted): “Written notice of default and a reasonable 30-day opportunity to cure must be issued by the party claiming default.”

  • Events of Default and Termination 13.1 If:

  • Default and Cure Upon a Breach, the non-breaching Party shall give written notice of such Breach to the breaching Party (the “Default Notice”). Subject to a suspension of the following deadlines as specified below, the breaching Party shall have thirty (30) calendar days from receipt of the Default Notice within which to cure such Breach; provided however, that if such Breach is not capable of cure within thirty (30) calendar days, the breaching Party shall commence such cure within thirty (30) calendar days after notice and continuously and diligently complete such cure within ninety (90) calendar days from receipt of the Default Notice; and, if cured within such time, the Breach specified in such notice shall cease to exist. Subject to the limitation specified in the following sentence, if a Breach is not cured as provided in this Section 11, or if a Breach is not capable of being cured within the period provided for herein, the nonbreaching Party shall have the right to declare a default and terminate this Agreement by written notice at any time until cure occurs, and be relieved of any further obligation hereunder. The deadlines for cure and the right to declare a default and terminate this Agreement shall be suspended during the pendency of any efforts or proceedings in accordance with Section 18 of this Agreement to resolve a dispute as to whether a Breach has occurred or been cured. The provisions of this Section 11 will survive termination of this Agreement.

  • Default and Breach If either Party defaults in the payment of any amount due hereunder, or if either Party violates any other material provision of this Agreement and such default or violation continues for thirty (30) Days after written notice thereof, the other Party may terminate this Agreement and seek relief in accordance with any remedy available under this Agreement, including without limitation, the Dispute Resolution provisions of Section 25 herein and, in addition to the foregoing, Qwest may cease to accept orders from CLEC for Services in accordance with Section 8.2 above. The remedies available to each Party pursuant to this Agreement are not to be considered exclusive of one another and will be cumulative.

  • Consequences of Events of Default and Corrective Action If an Event of Default occurs, the Province may, at any time, take one or more of the following actions:

  • Termination of Default An Event of Default shall be deemed to have been terminated upon the earliest to occur of:

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