Common use of FEES AND PAYMENT SCHEDULE Clause in Contracts

FEES AND PAYMENT SCHEDULE. 2.1 The services to be provided by EXCALIBUR to the Client under this Agreement are as set out on the front page of this agreement, and are subject to the Client meeting the Minimum Standards defined in clause 5.1 (Services). 2.2 In consideration for the provision by EXCALIBUR of the Services, Client shall pay to EXCALIBUR and Vodafone a monthly fee as detailed in Appendix B. The Fee will be invoiced to the Client on a monthly basis, and will become due and payable on the first day of each month. EXCALIBUR may at its discretion suspend or cancel the provision of any of it’s services supplied to the client if payment of any instalment of the Fee is not received within 5 days following the due date for payment under this clause 2.2. 2.3 Significant changes in resource time change of +/- 20% in a quarter will constitute a reason for EXCALIBUR implementing a cost adjustment (from Q2 of any support contract). 2.4 Excalibur has the right to review its standard SOHO IT service charges at any time and will provide the client with 30 days’ notice of any changes. The client has 30 days from receipt of this notice to cancel the agreement, providing 60 days’ notice of termination. 2.5 If any payment is not made within thirty (30) days of receipt of an invoice for such payment then EXCALIBUR may, without prejudice to its other rights, charge simple daily interest equivalent to an annual rate of 4% above the base rate of the bank that EXCALIBUR use from time to time on sums owing from the date when payment was due (being thirty (30) days after the date of invoice on disputed amounts determined to be due) until the date that EXCALIBUR receives payment of all sums outstanding including accrued interest. No interest shall be payable on any disputed amounts that are ultimately found (by a final court of competent jurisdiction) not to be payable. 2.6 It is understood that any and all services requested by Client other than the Services set out in Appendix B will be considered Projects, and will be quoted and billed as separate, individual services.

Appears in 3 contracts

Samples: Soho Enhanced It Package Agreement, Soho Enhanced It Package Agreement, Soho Enhanced It Package Agreement

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FEES AND PAYMENT SCHEDULE. 2.1 The services to be provided by EXCALIBUR Excalibur to the Client under this Agreement are as set out on the front page of this agreement, in Appendix B and are subject to the Client meeting the Minimum Standards defined in clause 5.1 (Services). 2.2 In consideration for the provision by EXCALIBUR Excalibur of the Services, Client shall pay to EXCALIBUR and Vodafone a Excalibur the monthly fee as detailed agreed in Appendix B. the quotation. The Fee will be invoiced by Excalibur to the Client on a monthly basis, and will become due and payable on the first day of each month. EXCALIBUR Excalibur may at its discretion suspend or cancel the provision of any of it’s its services supplied to the client if payment of any instalment of the Fee is not received within 5 days following the due date for payment under this clause 2.2. 2.3 Significant changes in resource time change of +/- 20% in a quarter will constitute a reason for EXCALIBUR Excalibur implementing a cost adjustment (from Q2 of any support contract). 2.4 Excalibur has the right to review its standard SOHO IT service charges at any time and will provide the client with 30 days’ notice of any changes. The client has 30 days from receipt of this notice to cancel the agreement, providing 60 days’ notice of termination. 2.5 If any payment is not made within thirty (30) days of receipt of an invoice for such payment then EXCALIBUR Excalibur may, without prejudice to its other rights, charge simple daily interest equivalent to an annual rate of 4% above the base rate of the bank that EXCALIBUR Excalibur use from time to time on sums owing from the date when payment was due (being thirty (30) days after the date of invoice on disputed amounts determined to be due) until the date that EXCALIBUR Excalibur receives payment of all sums outstanding including accrued interest. No interest shall be payable on any disputed amounts that are ultimately found (by a final court of competent jurisdiction) not to be payable. 2.6 It is understood that any and all services requested by Client other than the Services set out in Appendix B will be considered Projects, and will be quoted and billed as separate, individual services.

Appears in 3 contracts

Samples: Managed Services Agreement, Managed Services Agreement, Managed Services Agreement

FEES AND PAYMENT SCHEDULE. 2.1 The services to be provided by EXCALIBUR to the Client under this Agreement are as set out on the front page of this agreementin Appendix B, and are subject to the Client meeting the Minimum Standards defined in clause 5.1 (Services). 2.2 In consideration for the provision by EXCALIBUR of the Services, Client shall pay to EXCALIBUR and Vodafone a monthly fee as detailed in Appendix B. The Fee will be invoiced to the Client on a monthly basis, and will become due and payable on the first day of each month. EXCALIBUR may at its discretion suspend or cancel the provision of any of it’s services supplied to the client customer if payment of any instalment of the Fee is not received within 5 days following the due date for payment under this clause 2.2. 2.3 Significant changes in resource time change of +/- 20% in a quarter will constitute a reason for EXCALIBUR implementing a cost adjustment (from Q2 of any support contract). 2.4 Excalibur has the right to review its standard SOHO IT service charges at any time and will provide the client with 30 days’ notice of any changes. The client has 30 days from receipt of this notice to cancel the agreement, providing 60 days’ notice of termination. 2.5 If any payment is not made within thirty (30) days of receipt of an invoice for such payment then EXCALIBUR may, without prejudice to its other rights, charge simple daily interest equivalent to an annual rate of 4% above the base rate of the bank that EXCALIBUR use from time to time on sums owing from the date when payment was due (being thirty (30) days after the date of invoice on disputed amounts determined to be due) until the date that EXCALIBUR receives payment of all sums outstanding including accrued interest. No interest shall be payable on any disputed amounts that are ultimately found (by a final court of competent jurisdiction) not to be payable. 2.6 It is understood that any and all services requested by Client other than the Services set out in Appendix B will be considered Projects, and will be quoted and billed as separate, individual services.

Appears in 3 contracts

Samples: Soho Standard It Package Agreement, Soho Standard It Package Agreement, It Package Agreement

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FEES AND PAYMENT SCHEDULE. 2.1 All hours purchased are valid for 12 months, on which date a further set of hours will be added to the account and invoiced equal to that of the initial purchase, if additional hours have not been purchased within the previous 12-month period. 2.2 The services to be provided by EXCALIBUR to the Client under this Agreement are as set out on the front page of this agreement, in Appendix B and are subject to the Client meeting the Minimum Standards defined in clause 5.1 (Services). 2.2 2.3 In consideration for the provision by EXCALIBUR of the Services, Client shall pay to EXCALIBUR and Vodafone a monthly an initial fee as detailed in the quotation for which the client will receive the amount of IT labour hours set out in the quotation which will be deducted as set out in Appendix B. The Fee will be invoiced by EXCALIBUR to the Client on a monthly basis, receipt of order and will become due and payable on the first day of each monthimmediately. EXCALIBUR may at its discretion suspend or cancel the provision of any of it’s its services supplied to the client if payment of any instalment of the Fee is not received within 5 days following the due date for payment under this clause 2.2. 2.3 Significant changes in resource time change of +/- 20% in a quarter will constitute a reason for EXCALIBUR implementing a cost adjustment (from Q2 of any support contract). 2.4 Excalibur has the right to review its standard SOHO IT service charges at any time and will provide the client with 30 days’ notice of any changes. The client has 30 days from receipt of this notice to cancel the agreement, providing 60 days’ notice of termination. 2.5 If any payment is not made within thirty (30) days of receipt of an invoice for such payment then EXCALIBUR may, without prejudice to its other rights, charge simple daily interest equivalent to an annual rate of 4% above the base rate of the bank that EXCALIBUR use from time to time on sums owing from the date when payment was due (being thirty (30) days after the date of invoice on disputed amounts determined to be due) until the date that EXCALIBUR receives payment of all sums outstanding including accrued interest. No interest shall be payable on any disputed amounts that are ultimately found (by a final court of competent jurisdiction) not to be payable. 2.5 Excalibur has the right to review its standard SupportPAK charges at any time and will provide the client with 30 days’ notice of any changes. The client has 30 days from receipt of this notice to cancel the agreement, providing 60 days’ notice of termination. 2.6 It is understood that any and all services requested by Client other than the Services set out in Appendix B will be considered Projects, and will be quoted and billed as separate, individual services.

Appears in 1 contract

Samples: Services Agreement

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