Non-Payment – Late payment. In the event any compensation is not paid when due, it will accrue interest at the rate of ten percent (10%) for the first thirty (30) days then the non-payment of compensation or late payment will accrue interest at the maximum allowable rate until paid. If any compensation is not paid after ninety days, the Consultant may elect to accept common stock in lieu of cash payment.
Non-Payment – Late payment. Datapath reserves the right to add a finance charge of 1.5% per month (18% per annum) to late invoices for every month or part of the month a payment is past due. The finance charge will be billed on a separate “Finance Charge” invoice, showing the past due invoices. For questions regarding billing, Customer must contact its Account Lead or Datapath’s accounts receivable department by phone at (000) 000-0000 or via email at xxxxxxx@xxxxxxxxxx.xxx. Datapath reserves the right to place Customer’s account which remains unpaid beyond credit terms on “Credit Hold” until payment is received. If Customer’s account is placed on Credit Hold, Customer will not be permitted to place new Service or product orders, obtain Services under existing Quotes, or renew annual or other Service agreements until payment is received. Accounts which remain unpaid sixty (60) days past payment terms may be reported to Credit Reporting Agencies and/or turned over to Collection Agencies for collection.
Non-Payment – Late payment. For invoices not paid by the relevant Invoice Due Date, Secureworks reserves the right, without prejudice to any other remedy to which it may be entitled, to: (a) charge interest on such overdue amount on a day to day basis from the Invoice Due Date at the rate as determined in accordance with Article 5 of the Belgian Law of 2 August 2002 on combatting late payments in commercial transactions (“Wet van 2 augustus 2002 betreffende de bestrijding van de betalingsachterstand bij handelstransacties”/”Loi concernant la lutte contre le retard de paiement dans les transactions commerciales”) until payment is made in full; (b) suspend the provision of the Services until such time as payment is received, provided that Secureworks shall not suspend the provision of Services without first providing at least five (5) business days advance notice to Customer; and (c) not accept any additional orders from the Customer. Thereafter Secureworks shall be entitled to terminate this MSA and any Service Document(s) providing five (5) business days advance notice to Customer. Customer shall be responsible for payment of reasonable administrative costs and legal fees incurred by Secureworks to collect such amounts owed by Customer. Secureworks shall have no liability to Customer for any such suspension of Services, or non-acceptance of orders.
Non-Payment – Late payment. ELITE holds the right to suspend, and at its sole discretion, discontinue services without notice to the CLIENT if any bill is not paid within the thirty (30) days of the invoice, or other agreed upon time. A late fee at the rate of 10% of the outstanding balance will be assessed on any unpaid invoice(s) after thirty (30) days. An additional 10% late fee will be assessed for each thirty (30) day period thereafter. If legal proceedings are commenced to collect the outstanding amounts, CLIENT is responsible for any and all fees and costs incurred to cover the outstanding invoice amounts, including ELITE’S attorney’s fees.
Non-Payment – Late payment. Bright Bear Technology Solutions reserves the right to add a finance charge of 1.5% per month (18% per annum) to late invoices for every month or part of the month a payment is past due. The finance charge will be billed on a separate “Finance Charge” invoice, showing the past due invoices. For questions regarding billing, Customer must contact its Account Lead or Bright Bear Technology Solutions’ accounts receivable department by phone at (949) 000- 0000 or at xxxx://xxx.xxxxxxxxxx.xxx/contact-us/e-mail-us/. Bright Bear Technology Solutions reserves the right to place Customer’s account which remains unpaid beyond credit terms on “Credit Hold” until payment is received. If Customer’s account is placed on Credit Hold, Customer will not be permitted to place new Service or product orders, obtain Services under existing Quotes, or renew annual or other Service agreements until payment is received. Accounts which remain unpaid sixty (60) days past payment terms may be reported to Credit Reporting Agencies and/or turned over to Collection Agencies for collection.
Non-Payment – Late payment. Any payment (except payment subject to a good faith dispute pursuant to Section 6.3 below) not received from Customer by the due date will, at delaPlex's discretion:
