Plant Design Study - Fees Sample Clauses

Plant Design Study - Fees. For the engineering services to be carried out by Rentech in support of Comart, as described in paragraph 3.1, Rentech will invoice Comart monthly for materials and engineering services. Rentech's invoices will include a description and the actual cost of the materials used and the designation of level of experience of each engineer who provided services and the time spent by each on the plant design study. Comart agrees to pay for the cost of any travel or other out-of-pocket costs and for the cost of engineering services at the rates described in Appendix A. Comart agrees to pay Renxxxx'x xxxxxxxx xxr materials and engineering services within 30 days from the date of receipt of each invoice according to Comart's regular month-end payment schedule for its accounts payable. Interest shall accrue at the four percentage points over the official Euro LIBOR rate in effect at the time on sums not paid when due. Comart will pay Rentech's costs of collection for unpaid sums, including attorneys? fees and costs, and reasonable travel expenses. All payments to Rentech will be in U.S. dollars by wire transfer to its designated bank account. Upon default by Comart in timely payment or in any other obligation under this Agreement, Rentech may, in addition to any other remedies available to it at law or in equity, discontinue all its work under this Agreement and hold as its property all payments previously made by Comart as well as all work product of Rentech not already paid for by Comart.