Common use of Fees, Invoicing and Payment Clause in Contracts

Fees, Invoicing and Payment. 10.1. Service fees are applied for the Services provided by the Supplier and are presented in the Fee Annex, when the Fee Annex is introduced by the Supplier and is published on the Supplier’s Website. 10.2. Invoicing and payment shall take place according to the invoicing and payment terms set out in the Fee Annex, if any. 10.3. When the Fee Annex is introduced by the Supplier and published on the Supplier’s Website after the date of conclusion of the Agreement, the Supplier shall inform the Client accordingly thereof. If the Client does not agree with the introduced Service fees in relation to Service provision, the Client shall be entitled to withdraw from the relevant Service by terminating the relevant Service Annex and/or by terminating the Agreement. Where the Client will not inform the Supplier about its withdrawal from a relevant Service or termination of the Agreement within 30 (thirty) days after notification by the Supplier and continues using the Service, it shall be considered that the Client agrees with the introduced Service fee. 10.4. The Supplier shall be entitled to suspend one or more Services to the Client, without incurring a liability to the Client and without affecting the payable Service fees, in case the Client does not pay its Service fees when due and does not rectify the breach following 7 (seven) days written notice thereof from the Supplier.