Common use of Payment Taxes Clause in Contracts

Payment Taxes. Payment terms are net thirty (30) days. If invoices are unpaid and overdue, ▇▇▇▇▇▇▇▇ agrees to pay Ricoh a late charge of one and one-half percent (1.5%) per month on any unpaid amounts or the maximum allowed by law, whichever is less, and in addition shall pay Ricoh all costs and expenses of collection, or in the enforcement of Ricoh’s rights hereunder, including, but not limited to, reasonable internal and external legal costs, whether or not suit is brought. Ricoh has no obligation to use Customer’s invoicing or billing portals, processes, methods or invoicing formats specific to Customer billing requirements. All remedies hereunder or at law are cumulative. Except to the extent of any applicable and validated exemption, Customer agrees to pay any applicable taxes that are levied on or payable as a result of the use, sale, possession or ownership of the Products and/or Services covered hereunder, other than income taxes of Ricoh.

Appears in 4 contracts

Sources: Product Schedule, Master Maintenance & Sale Agreement, Image Management Plus Agreement

Payment Taxes. Payment terms are net thirty (30) days. If invoices are unpaid and overdueoverdue for forty-five (45) days, ▇▇▇▇▇▇▇▇ Customer agrees to pay Ricoh a late charge of one and one-half percent (1.51.0%) per month on any unpaid amounts or the maximum allowed by law, whichever is less, and in addition shall pay Ricoh all costs and expenses of collection, or in the enforcement of Ricoh’s rights hereunder, including, but not limited to, reasonable internal and external legal costs, whether or not suit is brought. Ricoh has no obligation to use Customer’s invoicing or billing portals, processes, methods or invoicing formats specific to Customer billing requirements. All remedies hereunder or at law are cumulative. Except to the extent of any applicable and validated exemption, Customer agrees to pay any applicable taxes that are levied on or payable as a result of the use, sale, possession or ownership of the Products and/or Services covered hereunder, other than income taxes of Ricoh.

Appears in 1 contract

Sources: Master Maintenance & Sale Agreement