Common use of Default in Payment Clause in Contracts

Default in Payment. If the Client fails to pay any amount payable under this Agreement by the due date then, except where the amount has been validly disputed pursuant to clause 7.4, Oppizi may (without prejudice to any other remedies to which it is entitled): (a) charge the Client interest on the amount due and not paid, for the duration that the payment is outstanding by the Client, at the rate of 2% per month calculated daily; and/or (b) suspend performance of Oppizi's obligations under this Agreement without any liability to the Client for any loss or damage suffered or incurred in respect of the suspension.

Default in Payment. If the Client fails to pay any amount payable under this Agreement by the due date then, except where the amount has been validly disputed pursuant to clause 7.48.4, Oppizi may (without prejudice to any other remedies to which it is entitled): (a) charge the Client interest on the amount due and not paid, for the duration that the payment is outstanding by the Client, at the rate of 2% per month calculated daily; and/or (b) suspend performance of Oppizi's ’s obligations under this Agreement without any liability to the Client for any loss or damage suffered or incurred in respect of the suspension.

Default in Payment. If the Client fails to pay any amount payable under this Agreement by the due date then, except where the amount has been validly disputed pursuant to clause Section 7.4, Oppizi may (without prejudice to any other remedies to which it is entitled): (a) charge the Client interest on the amount due and not paid, for the duration that the payment is outstanding by the Client, at the rate of 2% per month calculated daily; and/or (b) suspend performance of Oppizi's ’s obligations under this Agreement without any liability to the Client for any loss or damage suffered or incurred in respect of the suspension, until such amounts are paid in full.

Default in Payment. If the Client fails to pay any amount payable under this Agreement by the due date then, except where the amount has been validly disputed pursuant to clause 7.48.4, Oppizi may (without prejudice to any other remedies to which it is entitled): (a) charge the Client interest on the amount due and not paid, for the duration that the payment is outstanding by the Client, at the rate of 2% per month calculated daily; and/or (b) suspend the performance of Oppizi's ’s obligations under this Agreement without any liability to the Client for any loss or damage suffered or incurred in respect of the suspension.