Fees and Production Costs. 4.1 The Client shall pay the Agency the fee for the Services as set out in any relevant SoW, or as otherwise agreed between the parties in writing, (the “Fee”). Unless otherwise stated in the SoW, the Fee is earned on a fixed and non- reconcilable basis and shall be payable in addition to all production, studio costs, and other disbursements and expenses committed to or incurred. 4.2 All production costs and expenses are normally invoiced at the value of estimates set out in the relevant SoW. 4.3 The Client will pay all Fees and other production costs and expenses within 30 days of the date of the invoice, or as otherwise agreed between the parties in writing. Where suppliers require payment in advance or at various stages of production, the Agency will notify and obtain the Client’s written agreement in advance and payment will be made immediately upon presentation of invoice or by the date specified thereon. 4.4 POs will be issued in advance for all work to be paid for by the Client. Should this not be possible, the Client must approve the estimate in writing in advance and this will serve as sufficient authority until the PO is issued. 4.5 All amounts stated in any SoW or estimate or quotation shall be exclusive of VAT and similar taxes and surcharges regardless of how they are denominated (collectively, “Transaction Taxes”). The Client shall be solely responsible for paying all relevant Transaction Taxes that are lawfully levied or imposed by reason of the transactions covered under these Terms & Conditions at the rate prevailing at the time the invoice is issued. 4.6 Client shall be responsible to pay any Transaction Taxes payable by Agency on the goods or services used or consumed by Agency in providing the Services where the tax is imposed on Agency's acquisition or use of such goods or services and the amount of tax is measured by Agency's costs in acquiring such goods or services. 4.7 Client acknowledges and agrees that, in relation to the occurrence of events which are uninsurable risks (for example, if there is a postponement, delay, relocation or material changes or cancellation need to be made to Services due to Covid-19), (i) Agency shall not be in breach of these Terms & Conditions and (ii) without prejudice to any other part of these Terms & Conditions, the Agency shall be entitled to recover from Client and Client shall pay to Agency such unavoidable costs incurred or committed to by Agency which are attributable to such, postponement, delay, relocation or material changes, and, in the event of cancellation, an amount in respect of work performed by Agency up to the date of the notice of cancellation, together with any unavoidable costs actually and already incurred or committed to by Agency. Agency and third party suppliers shall use all commercial efforts to mitigate any such costs.
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Fees and Production Costs. 4.1 The Client shall pay the Agency the fee for the Services as set out in any relevant SoW, or as otherwise agreed between the parties in writing, (the “Fee”). Unless otherwise stated in the SoW, the Fee is earned on a fixed and non- reconcilable basis and shall be payable in addition to all production, studio costs, and other disbursements and expenses committed to or incurred.
4.2 All production costs and expenses are normally invoiced at the value of estimates set out in the relevant SoW.
4.3 The Client will pay all Fees and other production costs and expenses within 30 days of the date of the invoice, or as otherwise agreed between the parties in writing. Where suppliers require payment in advance or at various stages of production, the Agency will notify and obtain the Client’s written agreement in advance and payment will be made immediately upon presentation of an invoice or by the date specified thereon.
4.4 POs Purchase Orders (“POs”) will be issued in advance for all work to be paid for by the Client. Should this not be possible, the Client must approve the estimate in writing in advance and this will serve as sufficient authority until the PO is issued.
4.5 All amounts stated in any SoW or estimate or quotation shall be exclusive of VAT and similar taxes and surcharges regardless of how they are denominated (collectively, “Transaction Taxes”). The Client shall be solely responsible for paying all relevant Transaction Taxes that are lawfully levied or imposed by reason of the transactions covered under these Terms & Conditions at the rate prevailing at the time the invoice is issued.
4.6 Client shall be responsible to pay any Transaction Taxes payable by Agency on the goods or services used or consumed by Agency in providing the Services where the tax is imposed on Agency's acquisition or use of such goods or services and the amount of tax is measured by Agency's costs in acquiring such goods or services.
4.7 Client acknowledges and agrees that, in relation to the occurrence of events which are uninsurable risks (for example, if there is a postponement, delay, relocation or material changes or cancellation need to be made to Services due to Covid-19), (i) Agency shall not be in breach of these Terms & Conditions and (ii) without prejudice to any other part of these Terms & Conditions, the Agency shall be entitled to recover from Client and Client shall pay to Agency such unavoidable costs incurred or committed to by Agency which are attributable to such, postponement, delay, relocation or material changes, and, in the event of cancellation, an amount in respect of work performed by Agency up to the date of the notice of cancellation, together with any unavoidable costs actually and already incurred or committed to by Agency. Agency and third party suppliers shall use all commercial efforts to mitigate any such costs.
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Samples: Agency Agreement, Agency Agreement
Fees and Production Costs. 4.1 The Client shall pay the Agency the fee for the Services as set out in any relevant SoW, or as otherwise agreed between the parties in writing, (the “Fee”). Unless otherwise stated in the SoW, the Fee is earned on a fixed and non- non-reconcilable basis and shall be payable in addition to all production, studio costs, and other disbursements and expenses committed to or incurred.
4.2 All production costs and expenses are normally invoiced at the value of estimates set out in the relevant SoW.
4.3 The Client will pay all Fees and other production costs and expenses within 30 days of the date of the invoice, or as otherwise agreed between the parties in writing. Where suppliers require payment in advance or at various stages of production, the Agency will notify and obtain the Client’s written agreement in advance and payment will be made immediately upon presentation of an invoice or by the date specified thereon.
4.4 POs Purchase Orders (POs) will be issued in advance for all work to be paid for by the Client. Should this not be possible, the Client must approve the estimate in writing in advance and this will serve as sufficient authority until the PO is issued.
4.5 All amounts stated in any SoW or estimate or quotation shall be exclusive of VAT and similar taxes and surcharges regardless of how they are denominated (collectively, “Transaction Taxes”). The Client shall be solely responsible for paying all relevant Transaction Taxes that are lawfully levied or imposed by reason of the transactions covered under these Terms & Conditions at the rate prevailing at the time the invoice is issued.
4.6 Client shall be responsible to pay any Transaction Taxes payable by Agency on the goods or services used or consumed by Agency in providing the Services where the tax is imposed on Agency's acquisition or use of such goods or services and the amount of tax is measured by Agency's costs in acquiring such goods or services.
4.7 Client acknowledges that, as regards production services, the insurance policies obtained by agencies such as Agency do not provide cover for costs or liabilities that relate to Covid-19. Client acknowledges and agrees that, in relation to the occurrence of events which are uninsurable risks (for example, if that should there is be a postponement, delay, relocation relocation, cancellation due to Covid-19 or should material changes or cancellation need to be made to Services due to Covid-19)the same, (i) Agency shall not be in breach of these Terms & Conditions and (ii) without prejudice to any other part of these Terms & Conditions, the Agency shall be entitled to recover from Client and Client shall pay to Agency such unavoidable costs incurred or committed to by Agency which are attributable to such, postponement, delay, relocation or material changes, and, in the event of cancellation, an amount in respect of work performed by Agency up to the date of the notice of cancellation, together with any unavoidable costs actually and already incurred or committed to by Agency. Agency and third party suppliers shall use all commercial efforts to mitigate any such costs.
Appears in 1 contract
Samples: Standard Terms & Conditions for Creative Advertising Services
Fees and Production Costs. 4.1 The Client shall pay the Agency the fee for the Services as set out in any relevant SoW, or as otherwise agreed between the parties in writing, (the “Fee”). Unless otherwise stated in the SoW, the Fee is earned on a fixed and non- reconcilable basis and shall be payable in addition to all production, studio costs, and other disbursements and expenses committed to or incurred.
4.2 All production costs and expenses are normally invoiced at the value of estimates set out in the relevant SoW.
4.3 The Client will pay all Fees and other production costs and expenses within 30 days of the date of the invoice, or as otherwise agreed between the parties in writing. Where suppliers require payment in advance or at various stages of production, the Agency will notify and obtain the Client’s written agreement in advance and payment will be made immediately upon presentation of an invoice or by the date specified thereon.
4.4 POs Purchase Orders (POs) will be issued in advance for all work to be paid for by the Client. Should this not be possible, the Client must approve the estimate in writing in advance and this will serve as sufficient authority until the PO is issued.
4.5 All amounts stated in any SoW or estimate or quotation shall be exclusive of VAT and similar taxes and surcharges regardless of how they are denominated (collectively, “Transaction Taxes”). The Client shall be solely responsible for paying all relevant Transaction Taxes that are lawfully levied or imposed by reason of the transactions covered under these Terms & Conditions at the rate prevailing at the time the invoice is issued.
4.6 Client shall be responsible to pay any Transaction Taxes payable by Agency on the goods or services used or consumed by Agency in providing the Services where the tax is imposed on Agency's acquisition or use of such goods or services and the amount of tax is measured by Agency's costs in acquiring such goods or services.
4.7 Client acknowledges that, as regards production services, the insurance policies obtained by agencies such as Agency do not provide cover for costs or liabilities that relate to Covid-19. Client acknowledges and agrees that, in relation to the occurrence of events which are uninsurable risks (for example, if that should there is be a postponement, delay, relocation relocation, cancellation due to Covid-19 or should material changes or cancellation need to be made to Services due to Covid-19)the same, (i) Agency shall not be in breach of these Terms & Conditions and (ii) without prejudice to any other part of these Terms & Conditions, the Agency shall be entitled to recover from Client and Client shall pay to Agency such unavoidable costs incurred or committed to by Agency which are attributable to such, postponement, delay, relocation or material changes, and, in the event of cancellation, an amount in respect of work performed by Agency up to the date of the notice of cancellation, together with any unavoidable costs actually and already incurred or committed to by Agency. Agency and third party suppliers shall use all commercial efforts to mitigate any such costs.
Appears in 1 contract
Samples: Standard Terms & Conditions for Creative Advertising Services