Common use of Overdue Charges Clause in Contracts

Overdue Charges. If any invoiced amount is not received by SFDC by the due date, then without limiting SFDC’s rights or remedies, (a) those charges may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by law, whichever is lower, and/or (b) SFDC may condition future subscription renewals and Order Forms on payment terms shorter than those specified in the “Invoicing and Payment” section above.

Appears in 20 contracts

Samples: Main Services Agreement, Main Services Agreement, Partner Integration Agreement

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Overdue Charges. If Subject to the “Payment Disputes” section below, if any invoiced amount is not received by SFDC by the due date, then without limiting SFDC’s rights or remedies, (a) those charges charges, without the need for notice of default, may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by lawlaw (Legislative Decree no. 231/2002), whichever is lower, lower and/or (b) SFDC may condition future subscription renewals and Order Forms on payment terms shorter than those specified in the “Invoicing and Payment” section above.

Appears in 16 contracts

Samples: Main Services Agreement, Main Services Agreement, Main Services Agreement

Overdue Charges. If Subject to the “Payment Disputes” section, if any invoiced amount is not received by SFDC by the due date, then without limiting SFDC’s rights or remedies, (a) those charges may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by law, whichever is lower, and/or (b) SFDC may condition future subscription renewals and Order Forms purchases of Professional Services on payment terms shorter than those specified in the “Invoicing and Payment” section abovesection.

Appears in 5 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

Overdue Charges. If any amounts invoiced amount is hereunder are not received by SFDC by the due date, then without limiting at SFDC’s rights or remedies, discretion, (a) those such charges may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by law, whichever is lower, from the date such payment was due until the date paid, and/or (b) SFDC may condition future subscription renewals and Order Forms on payment terms shorter than those specified in the “Invoicing and Payment” section above.

Appears in 1 contract

Samples: Master Subscription Agreement

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Overdue Charges. If any invoiced amount is not received by SFDC by the due date, then without limiting SFDC’s rights or remedies, (a) those charges may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by law, whichever is lower, and/or (b) SFDC may condition future subscription renewals and Order Forms on payment terms shorter than those specified in the “Invoicing and Payment” section above.

Appears in 1 contract

Samples: Salesforce Commerce Cloud Link Partner Integration Agreement

Overdue Charges. If any invoiced amount is not received by SFDC by the due date, then without limiting SFDC’s rights or remedies, (a) those charges may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by law, whichever is lower, and/or (b) SFDC may condition future subscription renewals and Order Forms on payment terms shorter than those specified in the “Invoicing and Payment” section abovebelow.

Appears in 1 contract

Samples: Master Subscription Agreement

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