Common use of Payment and Term Clause in Contracts

Payment and Term. 3.1 The Licence and the supply of the Content shall commence on the Commencement Date and continue for the Multi-Year Term as stated in the Annex unless and until terminated in accordance with Clause 11. 3.2 The Licensee shall pay the Fee together with any VAT payable within 30 days of receipt of an invoice from CLA. 3.3 CLA reserves the right to charge interest at the Prescribed Rate on late payment of any amounts due under this Agreement.

Appears in 4 contracts

Samples: Licence Plus Agreement, Licence Plus Agreement, Licence Plus Agreement

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Payment and Term. 3.1 The Licence and the supply of the Content shall commence on the Commencement Date and continue for the Multi-Year year Term as stated in the Annex unless and until terminated in accordance with Clause 11. 3.2 The Licensee shall pay the Fee together with any VAT payable within 30 days of receipt of an invoice from CLA. 3.3 CLA reserves the right to charge interest at the Prescribed Rate on late payment of any amounts due under this Agreement.

Appears in 2 contracts

Samples: Licence Plus Agreement, Licence Plus Agreement

Payment and Term. 3.1 The Licence and the supply of the Content shall commence on the Commencement Date and continue for the Multi-Year Term as stated in the Annex unless and until terminated in accordance with Clause 11. 3.2 The Licensee NES shall pay the Fee together with any VAT payable within 30 days of receipt of an invoice from CLA. 3.3 CLA reserves the right to charge interest at the Prescribed Rate on late payment of any amounts due under this Agreement.

Appears in 2 contracts

Samples: Licence Plus Agreement, Licence Plus Agreement

Payment and Term. 3.1 The Licence and the supply of the Content shall commence on the Commencement Date and continue for the Multi-Year Term as stated in the Annex unless and until terminated in accordance with Clause 11. 3.2 The Licensee shall pay the Fee together with any VAT payable within 30 days of receipt of an invoice from CLA. 3.3 CLA reserves the right to charge interest at the Prescribed Rate on late payment of any amounts due under this Agreement.

Appears in 2 contracts

Samples: Licence Plus Agreement, Licence Plus Agreement

Payment and Term. 3.1 The Licence and the supply of the Content shall commence on the Commencement Date and continue for the Multi-Year year Term as stated in the Annex unless and until terminated in accordance with Clause 11. 3.2 The Licensee shall pay the Fee together with any VAT payable within 30 days of receipt of an invoice from CLA. 3.3 CLA reserves the right to charge interest at the Prescribed Rate on late payment of any amounts due under this Agreement.

Appears in 1 contract

Samples: Copyright Licensing Agreement

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Payment and Term. 3.1 The Licence and the supply of the Content shall commence on the Commencement Date and continue for the Multi-Year year Term as stated in the Annex unless and until terminated in accordance with Clause 11. 3.2 The Secretary of State for Health on behalf of the Licensee shall pay the Fee together with any VAT payable within 30 days of receipt of an invoice from CLA. 3.3 CLA reserves the right to charge interest at the Prescribed Rate on late payment of any amounts due under this Agreement.

Appears in 1 contract

Samples: Licence Plus Agreement

Payment and Term. 3.1 The Licence and the supply of the Content shall commence on the Commencement Date and continue for the Multi-Year year Term as stated in the Annex unless and until terminated in accordance with Clause 11. 3.2 The Licensee shall pay the Fee together with any VAT payable within 30 days of receipt of an invoice from CLA. 3.3 CLA reserves the right to charge interest at the Prescribed Rate on late payment of any amounts due under this Agreement.

Appears in 1 contract

Samples: Licence Plus Agreement

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