Common use of FEES DUE TO US FOR COLLECTION ACTIVITIES Clause in Contracts

FEES DUE TO US FOR COLLECTION ACTIVITIES. [C_PRE_COLFE_02_IND_01] The fees due by You for the Receivable Management Services shall be calculated as a percentage of the Debt when passed on for recovery, with a minimum of [150 euros exchanged in INR] and a maximum of [5,000 euros exchanged in INR]. • Rate applicable to the Debts due by a Buyer subject to Insolvency at the time the Debts are passed on for recovery: 1.5% • Rate applicable to the Debts due by a Buyer not subject to Insolvency at the time the Debts are passed on for recovery: 4.5 % In case of legal proceedings against a Buyer, additional fees, the amount of which shall be agreed between You and Us, shall be due by You to Us. All fees shall be subject to the VAT/GST applicable in [complete with the country of the Debt Collection Agency].

Appears in 3 contracts

Samples: www.cholainsurance.com, www.cholainsurance.com, www.cholainsurance.com

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FEES DUE TO US FOR COLLECTION ACTIVITIES. [C_PRE_COLFE_02_IND_01] The fees due by You for the Receivable Management Services shall be calculated as a percentage of the Debt when passed on for recovery, with a minimum of [150 euros exchanged in INR] and a maximum of [5,000 euros exchanged in INR]. • Rate applicable to the Debts due by a Buyer subject to Insolvency at the time the Debts are passed on for recovery: 1.5% • Rate applicable to the Debts due by a Buyer not subject to Insolvency at the time the Debts are passed on for recovery: 4.5 % In case of legal proceedings against a Buyer, additional fees, the amount of which shall be agreed between You and Us, shall be due by You to Us. All fees shall be subject to the VAT/GST applicable in [complete with the country of the Debt Collection Agency].. Or

Appears in 1 contract

Samples: Tradeliner Contract

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