Common use of Fees and Payment Terms Clause in Contracts

Fees and Payment Terms. The Lead Institution will pay to Elsevier the fees set forth in Schedule 1 (the “Fees”) within one hundred and fifty (150) days of date of invoice. Notwithstanding the aforementioned, the Fees due for each year of the Term shall not be payable by Lead Institution before of the then current year. Late payments will be subject to interest charges of per month on the unpaid balance. The Fees will be exclusive of any sales, use, value added, withholding or similar tax and the Subscriber will be liable for any such taxes in addition to the Fees. Any sum to be paid by the Lead Institution to Elsevier under this Agreement will be paid by way of transfer to Elsevier's bank account All the prices (the fees) under this Agreement are set forth as final, unchangeable and the maximum allowable and cover and include all activities relating to the performance under the Agreement. Elsevier may not charge any additional costs or expenses to the Subscriber. For the avoidance of doubt, any addition of new institutions to this Agreement will be subject to additional fees under this Agreement, which will be mutually agreed in an amendment to this Agreement. The invoice shall contain all the requisites set forth by the applicable legislation, especially Act No. 235/2004 Coll., VAT Act, as amended (“VAT Act”). The invoice shall be delivered to the Lead Institution either originally or electronically to the e-mail address . The invoice shall include a reference to the Subscribed Products pursuant to this Agreement.. The Lead Institution will be charged local value added tax (VAT), based on the Lead Institution’s place of establishment, unless the Lead Institution is a foreign relevant business person and provides to Elsevier its VAT Identification Number. The Subscriber will promptly notify Elsevier of any changes to its VAT Identification Number or VAT status. Elsevier may charge the Lead Institutions any VAT, fines, penalties, interest and other costs that Elsevier may incur as a result of incorrect VAT information. Each party shall bear its own costs in connection with this Agreement. The bank fees for the bank transfer are shared between the parties. The Lead Institution may cover the invoice partially if an Institution did not provide its financial contribution in time. In the event of such incomplete payment, the Lead Institution will notify Elsevier in writing of the intended difference no less than ten (10) days prior to the due date and will specify the Institution that failed to provide its financial contribution in time. In such case the Lead Institution is not in delay with the payment and Elsevier may suspend access to the Subscribed Products to this Institution in delay with providing its financial contribution without incurring liability from this suspension. The suspension of access to this Institution is can last until the fee is completely paid in full.

Fees and Payment Terms. The Lead Institution Subscriber will pay to Elsevier the fees set forth in Schedule 1 (the “Fees”) within one hundred and fifty thirty (15030) days of date of invoice. Notwithstanding the aforementioned, the Fees due for each year of the Term shall not be payable by Lead Institution before of the then current year. Late payments will be subject to interest charges of 1% per month on the unpaid balance. In addition to other remedies provided in this Agreement, Elsevier reserves the right to suspend access to the Subscribed Products upon thirty (30) days’ prior written notice and without incurring liability if 1) the full amount of any Elsevier invoice hereunder has not been paid within the agreed payment deadline or 2) any invoice is outstanding under previous subscription agreements between parties for the Subscribed Products. The suspension of the Subscriber’s access for non-payment or on any other grounds provided herein is without prejudice to the Subscriber’s obligation to pay its outstanding and future invoice amounts in full. Elsevier and the Subscriber acknowledge that the Fees payable under this Agreement are not in the nature of royalties and consequently no withholding tax should be applied to the Fees. The Fees will be exclusive of any sales, use, value added, withholding or similar tax and the Subscriber will be liable for any such taxes in addition to the Fees. Any sum to be paid by the Lead Institution to Elsevier under this Agreement will be paid by way of transfer to Elsevier's bank account All the prices (the fees) under this Agreement are set forth as final, unchangeable and the maximum allowable and cover and include all activities relating to the performance under the Agreement. Elsevier may not charge any additional costs or expenses to the Subscriber. For the avoidance of doubt, any addition of new institutions to this Agreement will be subject to additional fees under this Agreement, which will be mutually agreed in an amendment to this Agreement. The invoice shall contain all the requisites set forth by the applicable legislation, especially Act No. 235/2004 Coll., VAT Act, as amended (“VAT Act”). The invoice shall be delivered to the Lead Institution either originally or electronically to the e-mail address . The invoice shall include a reference to the Subscribed Products pursuant to this Agreement.. The Lead Institution Subscriber will be charged local value added tax (VAT), based on the Lead InstitutionSubscriber’s place of establishment, unless the Lead Institution Subscriber is a foreign relevant business person and provides to Elsevier its VAT Identification Number. The Subscriber will promptly notify Elsevier of any changes to its VAT Identification Number or VAT status. Elsevier may charge the Lead Institutions Subscriber any VAT, fines, penalties, interest and other costs that Elsevier may incur as a result of incorrect VAT information. Each party shall bear its own costs in connection with this Agreement. The bank fees for the bank transfer are shared between the parties. The Lead Institution may cover the invoice partially if an Institution did not provide its financial contribution in time. In the event of such incomplete payment, the Lead Institution will notify Elsevier in writing of the intended difference no less than ten (10) days prior to the due date and will specify the Institution that failed to provide its financial contribution in time. In such case the Lead Institution is not in delay with the payment and Elsevier may suspend access to the Subscribed Products to this Institution in delay with providing its financial contribution without incurring liability from this suspension. The suspension of access to this Institution is can last until the fee is completely paid in full.

Fees and Payment Terms. The Lead Institution will 5.1. Subscriber shall pay to Elsevier Perspectium the recurring subscription services fees set forth in Schedule 1 (the “Subscription Fees”) and any other Configuration Services fees (jointly “Fees”) within one hundred in U.S dollars for the Services listed and, in the amounts set forth, on the Order Form. Subscription Fees are payable annually in advance and fifty all invoices shall be payable in full, without deduction or offset, thirty (15030) days of from the date of the applicable invoice. Notwithstanding the aforementionedAll prices are final, the and all Fees due for are non-refundable during each year annual period of the Term shall except (i) as may be applicable pursuant to Section 9(c); or (ii) as otherwise provided by law. 5.2. Fees do not be payable by Lead Institution before of the then current year. Late payments will be subject to interest charges of per month on the unpaid balance. The Fees will be exclusive of include any sales, use, gross receipts, value added, withholding or similar tax and the Subscriber will be liable for other taxes, customs, duties, fees, or other charges assessed or imposed by any such taxes in addition to the Fees. Any sum to be paid by the Lead Institution to Elsevier under this Agreement will be paid by way of transfer to Elsevier's bank account All the prices (the fees) under this Agreement are set forth as final, unchangeable and the maximum allowable and cover and include all activities relating to the performance under the Agreement. Elsevier may not charge any additional costs or expenses to the Subscriber. For the avoidance of doubt, any addition of new institutions to this Agreement will be subject to additional fees under this Agreement, which will be mutually agreed in an amendment to this Agreement. The invoice shall contain all the requisites set forth by the applicable legislation, especially Act No. 235/2004 Coll., VAT Act, as amended governmental authority (“VAT ActTaxes”). The Subscriber is solely responsible for any Taxes applicable to Subscribers purchase of the Services, other than taxes measured by Perspectium net income. Unless Subscriber provides a timely and valid tax exemption certificate to Perspectium, Subscriber will pay Taxes included on an invoice shall be delivered issued by Perspectium for any Services. Subscriber will pay Fees without reduction for Taxes, unless Subscriber is required by law to withhold any Taxes from its payment to Perspectium, in which case, Subscriber must provide Perspectium with an official tax receipt or other appropriate documentation to support such withholding. Notwithstanding the Lead Institution either originally or electronically foregoing sentence, if, under applicable tax laws and regulations, the Services are subject to the e-mail address . The invoice shall include a reference to the Subscribed Products pursuant to this Agreement.. The Lead Institution will be charged local value added tax (“VAT)”) and Subscriber is required to withhold local VAT from amounts payable to Perspectium, based on the Lead Institution’s place amount payable by Subscriber for the Services will be increased (i.e., grossed up) by the amount of establishment, unless the Lead Institution is applicable VAT and the grossed up amount will be regarded as a foreign relevant business person and provides VAT inclusive price such that the net amount payable to Elsevier its VAT Identification NumberPerspectium equals the amount as would otherwise be payable to Perspectium. The Subscriber will promptly notify Elsevier of defend, indemnify, and hold harmless Perspectium from and against any changes claim related to its VAT Identification Number Subscriber’s tax obligations or VAT status. Elsevier may charge the Lead Institutions Subscriber’s failure to collect or remit any VAT, fines, penalties, interest and other costs that Elsevier may incur as a result of incorrect VAT information. Each party shall bear its own costs in connection with this Agreement. The bank fees for the bank transfer are shared between the parties. The Lead Institution may cover the invoice partially if an Institution did not provide its financial contribution in time. In the event of such incomplete payment, the Lead Institution will notify Elsevier in writing of the intended difference no less than ten (10) days prior to the due date and will specify the Institution that failed to provide its financial contribution in time. In such case the Lead Institution is not in delay with the payment and Elsevier may suspend access to the Subscribed Products to this Institution in delay with providing its financial contribution without incurring liability from this suspension. The suspension of access to this Institution is can last until the fee is completely paid in fullapplicable taxes.

Fees and Payment Terms. The Lead Institution will pay to Elsevier the fees set forth in Schedule 1 (the “Fees”) within one hundred and fifty (150) days of date of invoice. Notwithstanding the aforementioned, the Fees due for each year of the Term shall not be payable by Lead Institution before of the then current year. Late payments will be subject to interest charges of per month on the unpaid balance. The Fees will be exclusive of any sales, use, value added, withholding or similar tax and the Subscriber Lead Institution will be liable for any such taxes in addition to the Fees. Any sum to be paid by the Lead Institution to Elsevier under this Agreement will be paid by way of transfer to Elsevier's bank account All the prices (the fees) under this Agreement are set forth as final, unchangeable and the maximum allowable and cover and include all activities relating to the performance under the Agreement. Elsevier may not charge any additional costs or expenses to the Subscriber. For the avoidance of doubt, any addition of new institutions to this Agreement will be subject to additional fees under this Agreement, which will be mutually agreed in an amendment to this Agreement. The invoice shall contain all the requisites set forth by the applicable legislation, especially Act No. 235/2004 Coll., VAT Act, as amended (“VAT Act”). The invoice shall be delivered to the Lead Institution either originally or electronically to the e-mail address . The invoice shall include a reference to the Subscribed Products pursuant to this Agreement.. . The Lead Institution will be charged local value added tax (VAT), based on the Lead Institution’s place of establishment, unless the Lead Institution is a foreign relevant business person and provides to Elsevier its VAT Identification Number. The Subscriber will promptly notify Elsevier of any changes to its VAT Identification Number or VAT status. Elsevier may charge the Lead Institutions any VAT, fines, penalties, interest and other costs that Elsevier may incur as a result of incorrect VAT information. Each party shall bear its own costs in connection with this Agreement. The bank fees for the bank transfer are shared between the parties. The Lead Institution may cover the invoice partially if an Institution did not provide its financial contribution in time. In the event of such incomplete payment, the Lead Institution will notify Elsevier in writing of the intended difference no less than ten (10) days prior to the due date and will specify the Institution that failed to provide its financial contribution in time. In such case the Lead Institution is not in delay with the payment and Elsevier may suspend access to the Subscribed Products to this Institution in delay with providing its financial contribution without incurring liability from this suspension. The suspension of access to this Institution is can last until the fee is completely paid in full.

Fees and Payment Terms. The Lead Institution Unless otherwise agreed in writing, payment for the Services we provide shall be in Pounds Sterling in accordance with our published Fee Tariff which may be revised from time to time and forms part and should be read in conjunction with these Terms and Conditions, both of which are available on the EFG Wealth Solutions Website at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. We will pay also be entitled to Elsevier reimbursement for any expenses or disbursements incurred by us in the provision of such Services. • Invoices raised against any Managed Entity will be on a quarterly basis (unless otherwise agreed in writing) and may include fees set forth in Schedule 1 (advance for Services. • Settlement of our invoices will be deducted from funds controlled by EFG Wealth Solutions and the “Fees”) Client must ensure that sufficient funds are available, either held by or connected with the Managed Entity, to cover all fees, liabilities, disbursements of the Managed Entity and expenses incurred by us in the provision of Services for the Managed Entity and are in accordance with the Administration Agreement which forms part of these Terms and Conditions. • All fees and expenses are required to be paid in full within one hundred and fifty (150) 30 days of the date of invoice. Notwithstanding If, for any reason, outstanding fees and expenses are not settled within this time, interest at a rate of 1% per month or part thereof may be charged, compounded annually and we shall be under no obligation to carry out any further work for you on any matter or to pay any sums on your behalf or on behalf of the Managed Entity until all outstanding amounts have been paid. • We shall be entitled to retain at our discretion any benefit, direct or indirect, received in respect of commissions, fees or any other remuneration generated both initial and recurring in respect to a Managed Entity, but not limited to the aforementioned, . We may also share fees paid to us with introducers of business. EFG Wealth Solutions may receive commissions as a term of doing business with a third party. • In the Fees due for each year event of the Term shall not be payable by Lead Institution before non-payment of the then current year. Late payments will be subject to interest charges of per month on the unpaid balance. The Fees will be exclusive all or any part of any salesfees, useexpenses or disbursements due to us or which EFG Wealth Solutions are liable to pay on your behalf or in respect of which you become liable to us in any other manner, value addedthen EFG Wealth Solutions shall have a lien over, withholding or similar tax and the Subscriber will be liable for rights not to release from our possession or control, all or any such taxes in addition documents or assets, including assets held on your behalf or to your order or on behalf of or to the Fees. Any sum order of any company or other body in common ownership with you or otherwise connected or affiliated to be paid by the Lead Institution to Elsevier under this Agreement will be paid by way of transfer to Elsevier's bank account All the prices (the you in any manner, until such time as all such fees) under this Agreement , expenses, disbursements or liability due and payable are set forth as final, unchangeable and the maximum allowable and cover and include all activities relating to the performance under the Agreement. Elsevier may not charge any additional costs or expenses to the Subscriberdischarged. For the avoidance of doubt, this lien shall apply to all documents and assets held in relation to the matter in respect of which the fees, expenses, disbursements or liability have been incurred and in relation to any addition of new institutions other matter whatsoever relating to this Agreement you. Further, if we should cease to act for or in relation to you, a final invoice will be subject submitted and EFG Wealth Solutions reserves all rights to additional fees under this Agreementexercise the right of the lien aforesaid over all documents and assets held on your behalf or in relation to you until such time as the final invoice is discharged in full. • Where another party might agree to pay your costs, which will or where some costs may be mutually agreed recoverable in an amendment litigation, or from your insurers, the responsibility to this Agreement. The invoice shall contain all the requisites set forth by the applicable legislationmeet EFG Wealth Solutions fees, especially Act No. 235/2004 Coll., VAT Act, as amended (“VAT Act”). The invoice shall be delivered to the Lead Institution either originally or electronically to the e-mail address . The invoice shall include expenses and disbursements in a reference to the Subscribed Products pursuant to this Agreement.. The Lead Institution will be charged local value added tax (VAT), based on the Lead Institution’s place of establishment, unless the Lead Institution is a foreign relevant business person and provides to Elsevier its VAT Identification Number. The Subscriber will promptly notify Elsevier timely fashion nevertheless remains yours regardless of any changes to its VAT Identification Number arrangements with, or VAT status. Elsevier may charge the Lead Institutions rights against other parties or any VAT, fines, penalties, interest court order and other costs that Elsevier may incur as a result of incorrect VAT information. Each party shall bear its own costs in connection with this Agreement. The bank fees for the bank transfer are shared between the parties. The Lead Institution may cover the invoice partially if an Institution did not provide its financial contribution in time. In the event of such incomplete payment, the Lead Institution will notify Elsevier in writing of the intended difference no less than ten (10) days prior to the due date and will specify the Institution that failed to provide its financial contribution in time. In such case the Lead Institution is not in delay with the payment and Elsevier may suspend access to the Subscribed Products to this Institution in delay with providing its financial contribution without incurring liability from this suspension. The suspension of access to this Institution is can last until the fee is completely paid in fullanticipated order.

Fees and Payment Terms. The Lead Institution will pay to Elsevier Fees for the fees Service and any applicable training or professional services offered by IVINEX are set forth in Schedule 1 an applicable Order Form. You will be responsible for payment of all fees or charges to your account in accordance with the fees and billing terms in effect at the time an Order Form is executed. Initial license fees will be based upon the number of total User licenses you require. Payments will be within Fifteen (the “Fees”) within one hundred and fifty (15015) days of date the Effective Date, due in full for the aggregate annual fees and one-time fees, or otherwise consistent with the terms set forth in the Order Form; if not specified, payments shall be annually. You are responsible for paying for all User licenses ordered for the entire Term, even if you do not fully use the maximum number ordered. A valid credit card or approved purchase order is required as a condition of invoice. Notwithstanding signing up for the aforementionedService, the Fees due and you shall be required to pay in advance for each year use of the Term Service. An authorized officer or representative (“Authorized Representative”) of yours may add licenses by executing an additional written Order Form or adding users under in the Ivinex administrator tool. If purchasing via an approved purchase order, all amounts owed to IVINEX shall be paid within Fifteen (15) days from the Effective Date. You agree to pay a late payment charge of fifteen percent (15%) per month or the maximum allowed by law, whichever is less, on all overdue amounts. There shall be no deductions from the payments owed to IVINEX due to lack of use of the license level ordered. The number of licenses ordered cannot be payable by Lead Institution before decreased prior to the expiration of the then current yearTerm. Late payments However, licenses may be added at any time, provided that (i) the licenses will be subject coterminous with the existing Term (either Initial Term or Renewal Term); (ii) the license fee due for the added licenses shall be pursuant to interest charges of per month the Order Form provided by IVINEX and shall be pro-rated based on the unpaid balance. The Fees time remaining within the current term; and (iii) licenses added prior to the fifteenth of any month will be exclusive charged for a full month. IVINEX reserves the right to modify its fees and billing rates or introduce new charges at any time, however, IVINEX shall provide thirty (30) days prior written notice of any salesprice increase to you, usewith such price increase not to take effect until the expiration of the then current Term. You will pay all applicable shipping charges and taxes (except for taxes based upon IVINEX’s net revenues or net income). You agree to provide IVINEX with complete and accurate billing and contact information, value addedinclusive of your company’s legal name, withholding street address, e-mail address, and your Authorized Representative’s contact information, which you agree to update within 30 days of any change to it. If you provide false, fraudulent, or similar tax and inaccurate information, IVINEX reserves the Subscriber will be liable for any such taxes right to terminate the Service in addition to the Fees. Any sum to be paid by the Lead Institution to Elsevier under this Agreement will be paid by way of transfer to Elsevier's bank account All the prices (the fees) under this Agreement are set forth as final, unchangeable and the maximum allowable and cover and include all activities relating to the performance under the Agreement. Elsevier may not charge any additional costs or expenses to the Subscriber. For the avoidance of doubt, any addition of new institutions to this Agreement will be subject to additional fees under this Agreement, which will be mutually agreed in an amendment to this Agreement. The invoice shall contain all the requisites set forth by the applicable legislation, especially Act No. 235/2004 Collother legal remedies., VAT Act, as amended (“VAT Act”). The invoice shall be delivered to the Lead Institution either originally or electronically to the e-mail address . The invoice shall include a reference to the Subscribed Products pursuant to this Agreement.. The Lead Institution will be charged local value added tax (VAT), based on the Lead Institution’s place of establishment, unless the Lead Institution is a foreign relevant business person and provides to Elsevier its VAT Identification Number. The Subscriber will promptly notify Elsevier of any changes to its VAT Identification Number or VAT status. Elsevier may charge the Lead Institutions any VAT, fines, penalties, interest and other costs that Elsevier may incur as a result of incorrect VAT information. Each party shall bear its own costs in connection with this Agreement. The bank fees for the bank transfer are shared between the parties. The Lead Institution may cover the invoice partially if an Institution did not provide its financial contribution in time. In the event of such incomplete payment, the Lead Institution will notify Elsevier in writing of the intended difference no less than ten (10) days prior to the due date and will specify the Institution that failed to provide its financial contribution in time. In such case the Lead Institution is not in delay with the payment and Elsevier may suspend access to the Subscribed Products to this Institution in delay with providing its financial contribution without incurring liability from this suspension. The suspension of access to this Institution is can last until the fee is completely paid in full.

Fees and Payment Terms. The Lead Institution will pay to Elsevier the fees set forth in Schedule 1 (the “Fees”) within one hundred and fifty (150) days of date of invoice. Notwithstanding the aforementioned, the Fees due for each year of the Term shall not be payable by Lead Institution before of the then current year. Late payments will be subject to interest charges of per month on the unpaid balance. The Fees will be exclusive of any sales, use, value added, withholding or similar tax and the Subscriber Lead Institution will be liable for any such taxes in addition to the Fees. Any sum to be paid by the Lead Institution to Elsevier under this Agreement will be paid by way of transfer to Elsevier's bank account All the prices (the fees) under this Agreement are set forth as final, unchangeable and the maximum allowable and cover and include all activities relating to the performance under the Agreement. Elsevier may not charge any additional costs or expenses to the Subscriber. For the avoidance of doubt, any addition of new institutions to this Agreement will be subject to additional fees under this Agreement, which will be mutually agreed in an amendment to this Agreement. The invoice shall contain all the requisites set forth by the applicable legislation, especially Act No. 235/2004 Coll., VAT Act, as amended (“VAT Act”). The invoice shall be delivered to the Lead Institution either originally or electronically to the e-mail address . The invoice shall include a reference to the Subscribed Products pursuant to this Agreement.. The Lead Institution will be charged local value added tax (VAT), based on the Lead Institution’s place of establishment, unless the Lead Institution is a foreign relevant business person and provides to Elsevier its VAT Identification Number. The Subscriber will promptly notify Elsevier of any changes to its VAT Identification Number or VAT status. Elsevier may charge the Lead Institutions any VAT, fines, penalties, interest and other costs that Elsevier may incur as a result of incorrect VAT information. Each party shall bear its own costs in connection with this Agreement. The bank fees for the bank transfer are shared between the parties. The Lead Institution may cover the invoice partially if an Institution did not provide its financial contribution in time. In the event of such incomplete payment, the Lead Institution will notify Elsevier in writing of the intended difference no less than ten (10) days prior to the due date and will specify the Institution that failed to provide its financial contribution in time. In such case the Lead Institution is not in delay with the payment and Elsevier may suspend access to the Subscribed Products to this Institution in delay with providing its financial contribution without incurring liability from this suspension. The suspension of access to this Institution is can last until the fee is completely paid in full.