Common use of Guarantee of Payment for Services Clause in Contracts

Guarantee of Payment for Services. Global Marine Networks will invoice customer on a monthly basis. The bill is due and payable upon receipt. Monthly recurring charges are billed current each month and airtime is billed monthly in arrears. Customer understands that Customer is responsible for all air time charges, including but not limited to direct airtime, long distance and roaming charges (if applicable), and charges for any Customer-elected, value-added services (when available). Payment must be made in U.S. Dollars. Customer requests for direct billing are subject to credit approval and may be subject to required deposits and/or direct payment by credit card or a guarantee authorized against a valid accepted credit card. It is the Customer’s responsibility to notify Global Marine Networks when their credit card renews (with the new expiration date and any other changes) or if they wish to change credit cards. Failure to provide Global Marine Networks with updated credit card information could result in suspension of service, deactivation of the SIM card, and a reactivation fee.