Payment and Collection Terms. STANDARD TERMS: Orders totaling between $5,000.00 and $10,000.00 and ALL orders shipping outside of the United States must be paid in full prior to shipment (50% deposit due with signed Quote/50% paid 1 week prior to shipment). Projects that are greater than $10,000.00 follow standard terms of: 50% deposit due with signed Quote; 30% upon glass order placed, 20% 1 week prior to shipment (unless detailed differently on the Quote). Payment terms are applied independently to each partial shipment pursuant to the Quote. Deposit payment is due within one week of receipt of signed Quote. Any delay in deposit payment may delay the release of project to drafting. In the event that there are any outstanding monies owed to Renaissance for any reason, Renaissance reserves the right to delay production, suspend lead times or hold a shipment on any job until such time as all invoices have been paid in full. Payments will require verification of funds if not paid by certified check or wire transfer before material will be released for shipment. At any time at the sole discretion of Renaissance, Renaissance retains the right to amend these payment terms. Accepted payment is, ACH Debit, Check, Cashier’s Check or Wire, (wire transfer is the only accepted form of international payment) SECURITY INTEREST OF RENAISSANCE Buyer grants a security interest in: (a) all deposits/payments made for any project by Buyer; (b) all product of Renaissance in the possession of Renaissance or Buyer; and (c) any payments owed to Buyer by its customer. In the event of any payment default by Xxxxx, Xxxxx authorizes Renaissance to apply any deposit/payment for any other project towards the past due amount, as well as to exercise any remedies available under the Uniform Commercial Code. Renaissance duty to perform the project(s) associated with any applied deposit/payment shall be suspended until such time as deposit(s)/payment(s) are restored. Payments will be applied to any outstanding invoice(s) of Buyer at the discretion of Renaissance.
Payment and Collection Terms. 3.1. RATES FOR SERVICES Subject to the following Sections of this Article III, Reseller will be charged pursuant to Schedule C hereto for switched Services and pursuant to Schedule D hereto for dedicated Services. Schedules C & D may be changed from time to time by TCG in accordance with changes in TCG's tariffs or generally applicable schedule of rates.
Payment and Collection Terms. Invoices from Photographer are payable upon receipt by Client. In any action to enforce the terms of this agreement, the prevailing party shall be entitled to recover their attorney's fees, court costs and the maximum interest rate allowable by law. No lawsuits pertaining to any mailer arising under or growing out of this agreement shall be instituted in any other state other than the state of Photographer's principal place of business.
Payment and Collection Terms. Payment for items purchased or work performed hereunder shall be made pursuant to the payment terms set forth on the Invoice. The unpaid portion of any amounts due to COMPANY shall bear interest at the rate of 1.5% per month, or the maximum legal rate if less. If the Invoice is referred to an attorney or other agency for collection, CUSTOMER shall pay COMPANY’S attorneys’ fees, court costs and expenses incurred in collecting and enforcing the Invoice, whether or not official legal action is instituted.
Payment and Collection Terms. Invoices from Photographer are payable upon receipt by Client. The finance charge established of the face of the attached form(s) will be applied to any balances unpaid after 30 days. Photographer will be entitled to collect any expenses, including reasonable attorney's fees and cost, required to collect any sums due or to enforce the terms of this agreement. 12 SALES, USE, OR TRANSIT TAX: Client is solely responsible for full payment of applicable sales, use and/or transit tax as invoiced, and any subsequent made by sales, use or transit authorities. Michigan sales tax will be noted on invoice for collection and should be paid unless you are specifically exempt and provide proof by way of a letter claiming exemption, providing tax ID or state licenses and type of exemption.
Payment and Collection Terms
