PAYMENT AND EXPENSES. 10.1 Each payment to be made by the Guarantor under this guarantee shall be made in pounds sterling, free and clear of all deductions or withholdings of any kind, except for those required by law, and if any deduction or withholding must be made by law, the Guarantor shall pay that additional amount which is necessary to ensure that the Council receives a net amount equal to the full amount which it would have received if the payment had been made without the deduction or withholding. 10.2 The Guarantor shall pay interest on any amount due under this guarantee from the day after the date on which payment was due up to and including the date of payment in full (as well after as before any judgment) in accordance with the Late Payment of Commercial Debts (Interest) Act 1998. 10.3 The Guarantor shall reimburse the Council for all legal and other costs (including VAT) incurred by the Council in connection with the enforcement of this guarantee.
Appears in 4 contracts
Samples: Supplier Agreement, Supplier Agreement, Supplier Agreement
