Common use of Payment of amounts due to us Clause in Contracts

Payment of amounts due to us. Unless otherwise provided in this Client Agreement, all amounts due to us will, at our option: (a) be deducted from any funds held by us for you; or (b) be paid by you in accordance with this Client Agreement. If you fail to make any payment required under this Client Agreement when it falls due, interest will be charged (and you will pay interest) on the outstanding sum at the Australian Taxation Office (ATO) general interest charge rate, which can be found on the ATO website and is updated on a quarterly basis. Interest accrues and is calculated daily from the date payment was due until the date you pay in full and is compounded daily.

Appears in 8 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Payment of amounts due to us. Unless otherwise provided in this Client Agreement, all amounts due to us will, at our option: (a) be a. Be deducted from any funds held by us for you; or (b) be b. Be paid by you in accordance with this Client Agreement. If you fail to make any payment required under this Client Agreement when it falls due, interest will be charged (and you will pay interest) on the outstanding sum at the Australian Taxation Office (ATO) general interest charge rate, which can be found on the ATO website and is updated on a quarterly basis. Interest accrues and is calculated daily from the date payment was due until the date you pay in full and is compounded daily.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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Payment of amounts due to us. Unless otherwise provided in this Client Agreement, all amounts due to us will, at our option: (a) be a. Be deducted from any funds held by us for you; or (b) be b. Be paid by you in accordance with this Client Agreement. AFS License Number 424122 Last Updated: 29.09.2021 If you fail to make any payment required under this Client Agreement when it falls due, interest will be charged (and you will pay interest) on the outstanding sum at the Australian Taxation Office (ATO) general interest charge rate, which can be found on the ATO website and is updated on a quarterly basis. Interest accrues and is calculated daily from the date payment was due until the date you pay in full and is compounded daily.

Appears in 1 contract

Samples: Client Agreement

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