Common use of General Payment Terms Clause in Contracts

General Payment Terms. User may pay at time of checkout by credit card or choose to be invoiced. If the User chooses to be invoiced, the User shall: (i) remit payments in the manner identi ed on speci c invoices, (ii) unless otherwise speci cally stated in an Order Con rmation or separate written agreement, Users shall remit payments upon receipt of the relevant invoice from CCC, either by delivery or noti cation of availability of the invoice via the Marketplace platform, and (iii) if the User does not pay the invoice within 30 days of receipt, the User may incur a service charge of 1.5% per month or the maximum rate allowed by applicable law, whichever is less. While User may exercise the rights in the License immediately upon receiving the Order Con rmation, the License is automatically revoked and is null and void, as if it had never been issued, if CCC does not receive complete payment on a timely basis.

Appears in 5 contracts

Samples: License Agreement, License Agreement, License Agreement

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