Common use of PAYMENT FOR PROVIDED SERVICES Clause in Contracts

PAYMENT FOR PROVIDED SERVICES. 10.1. The User shall pay to Viainvest a Service Fee for the services provided by Viainvest pursuant to the Price List, or a service fee individually established by the User and Viainvest, as well as any other payments specified in the Price List, if applicable. 10.2. Viainvest shall withdraw the service fee from the Investor’s Account without additionally coordinating it with the User. Viainvest withdraws the service fee only after funds from the Borrower accrue to the Investor Account pursuant to the Assignment Agreement. In case of resale of the Claim (Section 11), Viainvest is entitled to withdraw the commission fee established on the Price List for the resale of Right to Claims immediately after the conclusion of the Assignment Agreement on the resale of the relevant Right to Claim, without making any additional arrangements with the User. 10.3. The payment obligation shall be fulfilled at the moment when the payment amount is transferred into the account of the payment recipient. 10.4. The User is aware of and understands that pursuant to the taxation laws and other regulatory enactments applicable to the User taxes must be paid for the income that the User earns in relation to the Right to Claim. Viainvest may deduct taxes, dues, and other mandatory payments pursuant to the laws of the Republic of Latvia and applicable laws of the Loan Originator from the funds to be disbursed to the User. The User shall be fully responsible for paying all taxes arising from income gained from acquisition of Right to Claim pursuant to the applicable laws.

PAYMENT FOR PROVIDED SERVICES. 10.1. 10.1 The User shall pay to Viainvest a Service Fee for the services provided by Viainvest pursuant to the Price List, or a service fee individually established by the User and Viainvest, as well as any other payments specified in the Price List, if applicable. 10.2. 10.2 Viainvest shall withdraw the service fee from the Investor’s Account without additionally coordinating it with the User. Viainvest withdraws the service fee only after funds from the Borrower accrue to the Investor Account pursuant to the Assignment Agreement. In case of resale of the Claim (Section 11), Viainvest is entitled to withdraw the commission fee established on the Price List for the resale of Right to Claims immediately after the conclusion of the Assignment Agreement on the resale of the relevant Right to Claim, without making any additional arrangements with the User. 10.3. 10.3 The payment obligation shall be fulfilled at the moment when the payment amount is transferred into the account of the payment recipient. 10.4. 10.4 The User is aware of and understands that pursuant to the taxation laws and other regulatory enactments applicable to the User taxes must be paid for the income that the User earns in relation to the Right to Claim. Viainvest may deduct taxes, dues, and other mandatory payments pursuant to the laws of the Republic of Latvia and applicable laws of the Loan Originator from the funds to be disbursed to the User. The User shall be fully responsible for paying all taxes arising from income gained from acquisition of Right to Claim pursuant to the applicable laws.