Common use of Fees Payment and Taxes Clause in Contracts

Fees Payment and Taxes. Fees and Payment 5.1 Customer shall pay all Fees due to Kigen under the terms of the Agreement on or before the thirtieth (30th) day after the date of the invoice Kigen has sent Customer (“Due Date”). Kigen shall send any invoice for payment to the address set out in the Terms of Sale, unless otherwise provided in writing to Kigen, and Customer shall provide Kigen with at least ten (10) working days’ notice of any change to such address. All fees are non-refundable and non-transferable. 5.2 If any invoice is not paid by the Due Date (defined in Clause 5.1), then (without prejudice to Kigen’s other rights and remedies), in addition to the invoice amount, Xxxxx reserves the right to charge interest on such sum on a day to day basis from the Due Date to the date of payment at the rate of, the lesser of one percent (1%) per month and the maximum amount permitted by law.

Appears in 2 contracts

Samples: Professional Services, Professional Services

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Fees Payment and Taxes. Fees and Payment 5.1 Customer shall pay all Fees due to Kigen under the terms of the Agreement on or before the thirtieth (30th) day after the date of the invoice Kigen has sent Customer (“Due Date”). Kigen shall send any invoice for payment to the address set out in the Terms of Sale, unless otherwise provided in writing to Kigen, and Customer shall provide Kigen with at least ten (10) working days’ notice of any change to such address. All fees are non-refundable and non-transferable. 5.2 If any invoice is not paid by the Due Date (defined in Clause 5.1), then (without prejudice to Kigen’s other rights and remedies), in addition to the invoice amount, Xxxxx Kigen reserves the right to charge interest on such sum on a day to day basis from the Due Date to the date of payment at the rate of, the lesser of one percent (1%) per month and the maximum amount permitted by law.

Appears in 2 contracts

Samples: Professional Services, Professional Services

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