Monies Due and Payable. Notwithstanding any credit terms previously established with VAR or any other provision of this VAR Agreement, upon notice of termination of this VAR Agreement, all monies owed by VAR to Autodesk shall become immediately due and payable. Overdue amounts shall be subject to a late payment charge of one and one-half percent (1.5%) per month, or the maximum amount allowed by law, whichever is less.
Appears in 3 contracts
Samples: Authorized Channel Partner Agreement, Authorized Channel Partner Agreement (Avatech Solutions Inc), Authorized Channel Partner Agreement (Avatech Solutions Inc)
Monies Due and Payable. Notwithstanding any credit terms previously established with VAR or any other provision of this VAR Agreement, upon notice of termination of this VAR Agreement, all monies owed by VAR to Autodesk shall become immediately due and payable. Overdue amounts shall be are subject to a late payment charge of one and one-half percent (1.5%) per month, or the maximum amount allowed by law, whichever is less.
Appears in 2 contracts
Samples: Authorized Value Added Reseller Agreement (Avatech Solutions Inc), Authorized Value Added Reseller Agreement (Avatech Solutions Inc)
Monies Due and Payable. Notwithstanding any credit terms previously established with VAR or any other provision of this the VAR Agreement, upon notice of termination of this VAR Agreement, all monies owed by VAR to Autodesk shall become immediately due and payable. Overdue amounts shall be subject to a late payment charge of one and one-half percent (1.5%) per month, or the maximum amount allowed by law, whichever is less.
Appears in 1 contract
Samples: Authorized Channel Partner Agreement (Avatech Solutions Inc)
