Common use of Default or late payment Clause in Contracts

Default or late payment. If the Client fails to make any payment due to OVHcloud under the Contract by the due date for payment, then, OVHcloud may charge the Client late payment penalties equal to 2% calculated monthly (26.82% per year) from the day following the payment due date Furthermore, any default or delay of payment (including partial) of the sums due by the Client under the Contract persisting for more than four (4) calendar days after notification of default or delay of payment sent to the Client by email, shall result by right, and without requiring any additional notification or formal notice, in (a) the immediate demand of all of the sums remaining due by the Client under the Contract regardless of their payment terms, and (b) the right of OVHcloud to decide to immediately suspend, and without prior notice, all or part of the Client Services (including those which have been paid for), and to refuse any new Order or renewal of Services and to terminate all or part of the Contract. In accordance with article 13 of the Quebec Consumer Protection Act, the fixed recovery fee of sixty (60) Canadian dollars for late payment charged to business Clients as stipulated in article

Default or late payment. If the Client fails to make any payment due to OVHcloud under the Contract by the due date for payment, then, OVHcloud may charge the Client late payment penalties equal to 2% calculated monthly (26.82% per year) from the day following the payment due date Furthermore, any default or delay of payment (including partial) of the sums due by the Client under the Contract persisting for more than four (4) calendar days after notification of default or delay of payment sent to the Client by email, shall result by right, and without requiring any additional notification or formal notice, in (a) the immediate demand of all of the sums remaining due by the Client under the Contract regardless of their payment terms, and (b) the right of OVHcloud to decide to immediately suspend, and without prior notice, all or part of the Client Services (including those which have been paid for), and to refuse any new Order or renewal of Services and to terminate all or part of the Contract. In accordance with article 13 of the Quebec Consumer Protection Act, the fixed recovery fee of sixty (60) Canadian US dollars for late payment charged to business Clients as stipulated in articlearticle 8.5 above, shall not apply to Clients which have the quality of consumers.

Default or late payment. If the Client fails to make any payment due to OVHcloud under the Contract by the due date for payment, then, OVHcloud may charge the Client late payment penalties equal to 2% calculated monthly (26.82% per year) from the day following the payment due date Furthermore, any default or delay of payment (including partial) of the sums due by the Client under the Contract persisting for more than four (4) calendar days after notification of default or delay of payment sent to the Client by email, shall result by right, and without requiring any additional notification or formal notice, in (a) the immediate demand of all of the sums remaining due by the Client under the Contract regardless of their payment terms, and (b) the right of OVHcloud to decide to immediately suspend, and without prior notice, all or part of the Client Services (including those which have been paid for), and to refuse any new Order or renewal of Services and to terminate all or part of the Contract. In accordance with article 13 of the Quebec Consumer Protection Act, the fixed recovery fee of sixty (60) Canadian dollars for late payment charged to business Clients as stipulated in articlearticle 8.5 above, shall not apply to Clients which have the quality of consumers.