Common use of Pricing and Terms of Payment Clause in Contracts

Pricing and Terms of Payment. LICENSEE shall forward a monthly payment of $49.00 per every five computers to be networked (the “Network Subscription Fee”) by the twenty-fifth (25th) day of each month to be applied towards the following month’s network subscription fee. Regardless of the pricing and terms of payment applicable to LICENSEE, if payment is not received by the twenty- fifth (25th) day of the month, LICENSEE shall pay the Network Subscription Fee plus a late fee of $25.00, which shall be considered an additional Network Subscription Fee. Additionally, if any checks are returned unpaid from the bank, regardless of reason, LICENSEE shall pay a return fee of $35.00. ELITE reserves the right to deny any training or technical support to LICENSEE or suspend access to the Elite Property until LICENSEE fulfills any and all outstanding payment obligations to ELITE. If LICENSEE has not made a payment for an outstanding balance by the tenth (10th) day of the month following the month in which the payments were due, ELITE reserves the right to take any and all actions to remove the Elite Property and/or disable the use of the Elite Property from the hard drive of LICENSEE’s computer. If LICENSEE is still delinquent on any outstanding balances after ninety (90) days, LICENSEE authorizes ELITE to charge LICENSEE's credit card, or directly debit LICENSEE's bank account for any outstanding balances due. If ELITE is unsuccessful in collecting the outstanding balance via a credit card charge or direct debit, ELITE will immediately set LICENSEE’s account to inactive and refer the account to a collection agency. The collection agency will attempt to collect from LICENSEE all past due amounts in addition to $300.00 for each unreturned Security Device, plus $50.00 for every network license (per every five computers) to which LICENSEE previously subscribed. LICENSEE may also be subject to additional fees imposed by the collection agency. The method of payment for remittance of monthly network subscription fees shall be via the Elite Software, Inc. Automated Payment System (APS) Agreement, in accordance with the terms set forth in the Elite Software, Inc. License and Monthly Subscription Agreement previously executed by LICENSEE.

Appears in 1 contract

Samples: Network License and Monthly Subscription Agreement

AutoNDA by SimpleDocs

Pricing and Terms of Payment. If LICENSEE, pursuant to this Agreement, subscribes to only ONE (1) license to use the Software Program OR if LICENSEE subscribes to more than ONE (1) license to use the Software Program, but Subscription Fees for those licenses are to be debited from more than one (1) bank account, then the following pricing and terms of payment are applicable: LICENSEE shall forward provide a monthly payment of $49.00 per every five computers to be networked 85.00 (the “Network Subscription Fee”) by the twenty-fifth (25th) day of each month to be applied towards the following month’s network month‟s subscription fee. Regardless of the pricing and terms of payment applicable to LICENSEE, if payment is not received by the twenty- twenty-fifth (25th) day of the month, LICENSEE shall pay the Network Subscription Fee plus a late fee of $25.00, which shall be considered an additional Network Subscription Fee. Additionally, if any checks are returned unpaid from the bank, regardless of reason, LICENSEE shall pay a return fee of $35.00. ELITE reserves the right to deny any training or technical support to LICENSEE or suspend access to the Elite Property until LICENSEE fulfills any and all outstanding payment obligations to ELITE. If LICENSEE has not made a payment for an outstanding balance by the tenth (10th) day of the month following the month in which the payments were due, ELITE reserves the right to take any and all actions to remove the Elite Property and/or disable the use of the Elite Property from the hard drive of LICENSEE’s LICENSEE‟S computer. If LICENSEE is still delinquent on any outstanding balances after ninety (90) days, LICENSEE authorizes ELITE to charge LICENSEE's credit card, or directly debit LICENSEE's bank account for any outstanding balances due. If ELITE is unsuccessful in collecting the outstanding balance via a credit card charge or direct debit, ELITE will immediately set LICENSEE’s LICENSEE‟s account to inactive and refer the account to a collection agency. The collection agency will attempt to collect from LICENSEE all past due amounts in addition to $300.00 for each unreturned SCSD. For each unreturned SCSD that is network enabled, the collection agency will attempt to also collect from LICENSEE the “Security DeviceDevice Subscription Value” as that term is defined in the “Elite Software, plus $50.00 for every network license (per every five computers) to which LICENSEE previously subscribedInc. Network License and Monthly Subscription Agreement”. LICENSEE may also be subject to additional fees imposed by the collection agency. The method of payment for remittance of monthly network subscription fees In the event ELITE must bring legal action to collect any sums due hereunder, LICENSEE agrees ELITE shall be via entitled to recover its reasonable legal fees incurred. All delinquent sums due hereunder shall accrue interest at the Elite Software, Inc. Automated Payment System (APS) Agreement, in accordance with the terms set forth in the Elite Software, Inc. License and Monthly Subscription Agreement previously executed by LICENSEErate of 1.5% per month.

Appears in 1 contract

Samples: License and Monthly Subscription Agreement

Pricing and Terms of Payment. LICENSEE shall forward a monthly payment of $49.00 45.00 per every five computers to be networked (the “Network Subscription Fee”) by the twenty-fifth (25th) day of each month to be applied towards the following month’s network subscription fee. Regardless of the pricing and terms of payment applicable to LICENSEE, if payment is not received by the twenty- fifth (25th) day of the month, LICENSEE shall pay the Network Subscription Fee plus a late fee of $25.00, which shall be considered an additional Network Subscription Fee. Additionally, if any checks are returned unpaid from the bank, regardless of reason, LICENSEE shall pay a return fee of $35.00. ELITE reserves the right to deny any training or technical support to LICENSEE or suspend access to the Elite Property until LICENSEE fulfills any and all outstanding payment obligations to ELITE. If LICENSEE has not made a payment for an outstanding balance by the tenth (10th) day of the month following the month in which the payments were due, ELITE reserves the right to take any and all actions to remove the Elite Property and/or disable the use of the Elite Property from the hard drive of LICENSEE’s computer. If LICENSEE is still delinquent on any outstanding balances after ninety (90) days, LICENSEE authorizes ELITE to charge LICENSEE's credit card, or directly debit LICENSEE's bank account for any outstanding balances due. If ELITE is unsuccessful in collecting the outstanding balance via a credit card charge or direct debit, ELITE will immediately set LICENSEE’s account to inactive and refer the account to a collection agency. The collection agency will attempt to collect from LICENSEE all past due amounts in addition to $300.00 for each unreturned Security Device, plus $50.00 for every network license (per every five computers) to which LICENSEE previously subscribed. LICENSEE may also be subject to additional fees imposed by the collection agency. The method of payment for remittance of monthly network subscription fees shall be via the Elite Software, Inc. Automated Payment System (APS) Agreement, in accordance with the terms set forth in the Elite Software, Inc. License and Monthly Subscription Agreement previously executed by LICENSEE.

Appears in 1 contract

Samples: Network License and Monthly Subscription Agreement

AutoNDA by SimpleDocs

Pricing and Terms of Payment. LICENSEE shall forward a monthly payment of $49.00 45.00 per every five computers to be networked (the “Network Subscription Fee”) by the twenty-fifth (25th) day of each month to be applied towards the following month’s network subscription fee. Regardless of the pricing and terms of payment applicable to LICENSEE, if payment is not received by the twenty- twenty-fifth (25th) day of the month, LICENSEE shall pay the Network Subscription Fee plus a late fee of $25.00, which shall be considered an additional Network Subscription Fee. Additionally, if any checks are returned unpaid from the bank, regardless of reason, LICENSEE shall pay a return fee of $35.00. ELITE reserves the right to deny any training or technical support to LICENSEE or suspend access to the Elite Property until LICENSEE fulfills any and all outstanding payment obligations to ELITE. If LICENSEE has not made a payment for an outstanding balance by the tenth (10th) day of the month following the month in which the payments were due, ELITE reserves the right to take any and all actions to remove the Elite Property and/or disable the use of the Elite Property from the hard drive of LICENSEE’s computer. If LICENSEE is still delinquent on any outstanding balances after ninety (90) days, LICENSEE authorizes ELITE to charge LICENSEE's credit card, or directly debit LICENSEE's bank account for any outstanding balances due. If ELITE is unsuccessful in collecting the outstanding balance via a credit card charge or direct debit, ELITE will immediately set LICENSEE’s account to inactive and refer the account to a collection agency. The collection agency will attempt to collect from LICENSEE all past due amounts in addition to $300.00 for each unreturned Security Device, plus $50.00 for every network license (per every five computers) to which LICENSEE previously subscribed. LICENSEE may also be subject to additional fees imposed by the collection agency. The method of payment for remittance of monthly network subscription fees shall be via the Elite Software, Inc. Automated Payment System (APS) Agreement, in accordance with the terms set forth in the Elite Software, Inc. License and Monthly Subscription Agreement previously executed by LICENSEE.

Appears in 1 contract

Samples: Network License and Monthly Subscription Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!