Common use of Default in Payment Clause in Contracts

Default in Payment. 5.1 If the customer fails to make any payment when due, the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The Reserve Bank of New Zealand’s base rate plus 5% ; ii. reimburse Miele for all reasonable costs and ex penses incurred in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by Miele, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 5 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale, Terms and Conditions of Sale

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Default in Payment. 5.1 If the customer fails to make any payment when due, the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The Reserve Bank of New Zealand’s base rate plus 5% %; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by Miele, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 4 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale, Terms and Conditions of Sale

Default in Payment. 5.1 If the customer fails to make any payment when due, the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The Reserve Bank of New ZealandAustralia’s base rate plus 5% ; ii. reimburse Miele for all reasonable costs and ex penses incurred in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by Miele, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 3 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale, Terms and Conditions of Sale

Default in Payment. 5.1 4.1 If the customer fails to make any payment to Miele when duedue (including payment of any charges), the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The the Reserve Bank of New ZealandAustralia’s base rate plus 5% %; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred by Miele in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by Miele, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 3 contracts

Samples: Terms and Conditions of Service, Terms and Conditions of Service, Terms and Conditions of Service

Default in Payment. 5.1 4.1 If the customer fails to make any payment to Miele when duedue (including payment of any charges), the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The the Reserve Bank of New Zealand’s base rate plus 5% ; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred by Miele in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by Miele, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 2 contracts

Samples: Terms and Conditions of Service, Terms and Conditions of Service

Default in Payment. 5.1 4.1 If the customer fails to make any payment to Miele when duedue (including payment of any charges), the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The the Reserve Bank of New ZealandAustralia’s base rate plus 5% %; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred by Miele in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by Miele, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s..

Appears in 2 contracts

Samples: Terms and Conditions of Service, Terms and Conditions of Service

Default in Payment. 5.1 If the customer fails to make any payment when due, the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The Reserve Bank of New ZealandAustralia’s base rate plus 5% %; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by Miele, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 2 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale

Default in Payment. 5.1 4.1 If the customer fails to make any payment to Miele when duedue (including payment of any charges), the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The the Reserve Bank of New Zealand’s base rate plus 5% %; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred by Miele in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by Miele, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 2 contracts

Samples: Terms and Conditions of Service, Terms and Conditions of Service

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Default in Payment. 5.1 If the customer fails to make any payment when due, the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The Reserve Bank of New ZealandAustralia’s base rate plus 5% %; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by MieleXxxxx, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 1 contract

Samples: Terms and Conditions of Sale

Default in Payment. 5.1 4.1 If the customer fails to make any payment when due, the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The Reserve Bank of New ZealandAustralia’s base rate plus 5% %; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by MieleXxxxx, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 1 contract

Samples: Terms and Conditions

Default in Payment. 5.1 If the customer fails to make any payment when due, the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The Reserve Bank of New Zealand’s base rate plus 5% %; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by MieleXxxxx, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 1 contract

Samples: Terms and Conditions of Sale

Default in Payment. 5.1 4.1 If the customer fails to make any payment to Miele when duedue (including payment of any charges), the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The the Reserve Bank of New ZealandAustralia’s base rate plus 5% ; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred by Miele in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by Miele, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s..

Appears in 1 contract

Samples: Terms and Conditions of Service

Default in Payment. 5.1 4.1 If the customer fails to make any payment when due, the customer must, without prejudice to any other right or remedy of Miele: i. pay interest on the amount outstanding calculated daily at a rate equal to The Reserve Bank of New Zealand’s base rate plus 5% %; ii. reimburse Miele for all reasonable costs and ex penses expenses incurred in relation to the outstanding debt and chasing payment of it; and iii. upon reasonable notice by MieleXxxxx, return the product/s to Miele or permit a representative of Miele reasonable access to the location of the product/s to repossess the product/s.

Appears in 1 contract

Samples: Terms and Conditions

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