Common use of PAYMENT TERMS AND INTEREST Clause in Contracts

PAYMENT TERMS AND INTEREST. (1) The price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris may charge interest on any overdue amounts at the interest rate and compensation on any overdue amounts in accordance with permitted laws from the due date until Xxxxxx receives payment.

Appears in 13 contracts

Samples: Software License, Software License, Software License

AutoNDA by SimpleDocs

PAYMENT TERMS AND INTEREST. (1) The price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris may charge interest on any overdue amounts at the interest rate and compensation on any overdue amounts in accordance with permitted laws from the due date until Xxxxxx receives payment.

Appears in 5 contracts

Samples: Software License, Software License, Software License

PAYMENT TERMS AND INTEREST. (1) The price Price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris may charge interest on any overdue amounts at the interest rate and compensation on any overdue amounts in accordance with permitted laws the Late Payment of Commercial Debts (Interest) Act 1998 (including any Regulations introduced under this Act) from the due date until Xxxxxx receives payment.

Appears in 5 contracts

Samples: Software License, Software License, Software License

PAYMENT TERMS AND INTEREST. (1) The price Price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris may charge interest on any overdue amounts at the interest rate and compensation on any overdue amounts in accordance with permitted laws from the due date until Xxxxxx receives payment.

Appears in 4 contracts

Samples: Software License, Software License, Software License

PAYMENT TERMS AND INTEREST. (1) The price Price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris Xxxxxx may charge interest on any overdue amounts at the interest rate and compensation on any overdue amounts in accordance with permitted laws from the due date until Xxxxxx receives payment.

Appears in 1 contract

Samples: Software License

PAYMENT TERMS AND INTEREST. (1) The price Price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris Xxxxxx may charge interest on any overdue amounts at the interest rate and compensation on any overdue amounts in accordance with permitted laws the Late Payment of Commercial Debts (Interest) Act 1998 (including any Regulations introduced under this Act) from the due date until Xxxxxx receives payment.

Appears in 1 contract

Samples: Software License

PAYMENT TERMS AND INTEREST. (1) The price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris may charge interest on any overdue amounts at the interest rate and compensation on any overdue amounts in accordance with permitted laws the Late Payment of Commercial Debts (Interest) Act 1998 (including any Regulations introduced under this Act) from the due date until Xxxxxx receives payment.

Appears in 1 contract

Samples: Software License

PAYMENT TERMS AND INTEREST. (1) The price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris Xxxxxx may charge interest on any overdue amounts at the interest rate and compensation of three per cent per annum for the period beginning on any overdue amounts in accordance with permitted laws from the due date until Xxxxxx receives paymentand ending with the date on which the sum is paid.

Appears in 1 contract

Samples: Software License

AutoNDA by SimpleDocs

PAYMENT TERMS AND INTEREST. (1) The price Price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris Xxxxxx may charge interest on any overdue amounts at the interest rate and compensation of three per cent per annum for the period beginning on any overdue amounts in accordance with permitted laws from the due date until Xxxxxx receives paymentand ending with the date on which the sum is paid.

Appears in 1 contract

Samples: Software License

PAYMENT TERMS AND INTEREST. (1) The price Price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris Xxxxxx may charge interest on any overdue amounts at the interest rate and compensation on any overdue amounts in accordance with permitted laws the UAE Commercial Code from the due date until Xxxxxx receives payment.

Appears in 1 contract

Samples: Software License

PAYMENT TERMS AND INTEREST. (1) The price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris Xxxxxx may charge interest on any overdue amounts at the interest rate and compensation on any overdue amounts in accordance with permitted laws the UAE Commercial Code from the due date until Xxxxxx receives payment.

Appears in 1 contract

Samples: Software License

PAYMENT TERMS AND INTEREST. (1) The price Price is paid annually in advance unless otherwise agreed in writing. (2) Time for payment is of the essence. (3) Unless otherwise agreed, all payments shall be rendered by electronic funds transfer. (4) Alaris may appropriate any payments received that do not refer to a particular invoice to any outstanding invoice. (5) Alaris may charge interest on any overdue amounts at the interest rate and compensation on any overdue amounts in accordance with permitted laws applicable law from the due date until Xxxxxx receives payment.

Appears in 1 contract

Samples: Software License

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