Common use of Payment; Failure to Pay Clause in Contracts

Payment; Failure to Pay. Fees are payable within 30 days of the invoice date. Member shall pay to the Exchange interest in the amounts as posted from time to time on the Exchange’s website on all past due fees and other amounts that are not the subject of a legitimate and bona fide dispute. Failure to make full payment of outstanding fees or other amounts within 30 days from the invoice date may result in suspension of the Services, without notice to Member, which suspension may continue until full payment of all outstanding fees and other amounts has been made. If all outstanding fees and other amounts have not been paid in full within 15 days of the date of suspension of the Services, the Exchange may terminate the Services and this Member Agreement.

Appears in 5 contracts

Samples: Member Agreement, Member Agreement, Member Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.