Common use of Payment by Automated Means Clause in Contracts

Payment by Automated Means. (a) On or about the first (1st) day of each month, [Reseller] will charge the current monthly charges to Your automated payment method as defined for Your account.. Payment by automated means includes any form of automated payment accepted by [Reseller] from time to time, including credit card, debit card, direct debit or other means. (b) You must provide [Reseller] with valid automated payment information as a condition to receive or use the Services. You are responsible for and agree to update [Reseller] with any changes to Your billing and/or automated payment information (e.g., new or updated credit card, credit card expiration date or other payment account information). By providing [Reseller] with the automated payment information, You authorize [Reseller] to charge Your automated payment account for any amounts arising from or relating to the Services without further authorization from You. It is Your responsibility to keep Your automated payment information up-to-date. If charges to Your automated payment account fail, [Reseller] will email a warning to Your Account billing contacts. (c) If [Reseller] is unable to successfully process Your payment by automated means by the seventh (7th) calendar day of the month for which the payment is due, Your payment will be considered late and not paid in full. [Reseller] may suspend or terminate Your Account in accordance with Section 2.3(b)(i) for failure to timely pay in full. Late payments are subject to a late-payment charge of the greater of (i) interest calculated at the lesser of (x) eighteen percent (18%) per year and (y) the maximum amount permitted by law and

Payment by Automated Means. (a) On or about the first (1st) day of each month, [Reseller] will charge the current monthly charges to Your automated payment method as defined for Your account.. Payment by automated means includes any form of automated payment accepted by [Reseller] from time to time, including credit card, debit card, direct debit or other means. (b) You must provide [Reseller] with valid automated payment information as a condition to receive or use the Services. You are responsible for and agree to update [Reseller] with any changes to Your billing and/or automated payment information (e.g., new or updated credit card, credit card expiration date or other payment account information). By providing [Reseller] with the automated payment information, You authorize [Reseller] to charge Your automated payment account for any amounts arising from or relating to the Services without further authorization from You. It is Your responsibility to keep Your automated payment information up-to-date. If charges to Your automated payment account fail, [Reseller] will email a warning to Your Account billing contacts. (c) If [Reseller] is unable to successfully process Your payment by automated means by the seventh (7th) calendar day of the month for which the payment is due, Your payment will be considered late and not paid in full. [Reseller] may suspend or terminate Your Account in accordance with Section 2.3(b)(i) for failure to timely pay in full. Late payments are subject to a late-payment charge of the greater of (i) interest calculated at the lesser of (x) eighteen percent (18%) per year and (y) the maximum amount permitted by law andand (ii) twenty-five Euro/Pounds Sterling (€/£25) (or equivalent amount in any other currency as may be permitted by NEC). Such interest will accrue daily from the due date until the date of actual payment of the overdue amount, whether before or after judgment. You will pay the interest immediately on demand. You will pay all collection costs incurred by [Reseller] (including, without limitation, reasonable attorneys’ fees).

Payment by Automated Means. (a) On or about the first (1st) day of each month, [Reseller] will charge the current monthly charges to Your automated payment method as defined for Your account.. Payment by automated means includes any form of automated payment accepted by [Reseller] from time to time, including credit card, debit card, direct debit or other means. (b) You must provide [Reseller] with valid automated payment information as a condition to receive or use the Services. You are responsible for and agree to update [Reseller] with any changes to Your billing and/or automated payment information (e.g., new or updated credit card, credit card expiration date or other payment account information). By providing [Reseller] with the automated payment information, You authorize [Reseller] to charge Your automated payment account for any amounts arising from or relating to the Services without further authorization from You. It is Your responsibility to keep Your automated payment information up-to-date. If charges to Your automated payment account fail, [Reseller] will email a warning to Your Account billing contacts. (c) If [Reseller] is unable to successfully process Your payment by automated means by the seventh (7th) calendar day of the month for which the payment is due, Your payment will be considered late and not paid in full. [Reseller] may suspend or terminate Your Account in accordance with Section 2.3(b)(i) for failure to timely pay in full. Late payments are subject to a late-payment charge of the greater of (i) interest calculated at the lesser of (x) eighteen ten percent (1810%) per year and year. Such interest will accrue daily from the due date until the date of actual payment of the overdue amount, whether before or after judgment. You will pay the interest immediately on demand. You will pay all collection costs incurred by [Reseller] (y) the maximum amount permitted by law andincluding, without limitation, reasonable attorneys’ fees).