Common use of Maintenance Charges Clause in Contracts

Maintenance Charges. 3.1 The annual service charge for the Maintenance Service is payable annually in advance. Payment for services provided to the Customer in addition to the Maintenance Services is due on presentation of an invoice by the Supplier. 3.2 The Supplier reserves the right to submit invoices to the Customer via email. 3.3 Where payment is outstanding for more than 30 days in respect of any invoice due under this Agreement, the Supplier may without liability, suspend its obligations under this Agreement until payment of the overdue amount is made. 3.4 The Supplier has the right to charge the Customer interest on the overdue amount at the rate of 4% per annum above the then current Bank of England base rate, accruing on a daily basis from the Due Date until the date of actual payment of the overdue amount, whether before or after judgment, and compounding quarterly or, at its discretion, a late payment fee of £35 plus VAT.

Maintenance Charges. 3.1 The annual service charge for the Maintenance Service is payable annually in advance. Payment for services provided to the Customer in addition to the Maintenance Services is due on presentation of an invoice by the Supplier. 3.2 The Supplier reserves the right to submit invoices to the Customer via email. 3.3 Where payment is outstanding for more than 30 days in respect of any invoice due under dueunder this Maintenance Agreement, the Supplier may without liability, suspend its obligations under this Maintenance Agreement until payment of the overdue amount is made. 3.4 The Supplier has the right to charge the Customer interest on the overdue amount at the rate of 4% per annum above the then current Bank of England base rate, accruing on a daily basis from the Due Date until the date of actual payment of the overdue amount, whether before or after judgment, and compounding quarterly or, at its discretion, a late payment fee of £35 plus VAT.

Maintenance Charges. 3.1 The annual service charge for the Maintenance Service is payable annually in advance. Payment for services provided to the Customer in addition to the Maintenance Services is due on presentation of an invoice by the Supplier. 3.2 The Supplier reserves the right to submit invoices to the Customer via email. 3.3 Where payment is outstanding for more than 30 days in respect of any invoice due under this Maintenance Agreement, the Supplier may without liability, suspend its obligations under this Maintenance Agreement until payment of the overdue amount is made. 3.4 The Supplier has the right to charge the Customer interest on the overdue amount at the rate of 4% per annum above the then current Bank of England base rate, accruing on a daily basis from the Due Date until the date of actual payment of the overdue amount, whether before or after judgment, and compounding quarterly or, at its discretion, a late payment fee of £35 plus VAT.