Common use of Purchase and Payment Clause in Contracts

Purchase and Payment. Licensee agrees to the terms and conditions of Software purchase published on Licensor’s website at xxx.xxxxxxxxx.xxx. Licensee will pay to Licensor the license fee and other charges (if applicable) as set forth in the invoice or other purchase documentation. Licensor may charge Licensee interest for any payment that is more than thirty (30) days past due at the rate of one and one-half percent (1.5%) per month or the highest amount allowed by law, whichever is lower.

Purchase and Payment. Licensee agrees to the terms and conditions of Software purchase published on Licensor’s 's website at xxx.xxxxxxxxx.xxx. Licensee will pay to Licensor the license fee and other charges (if applicable) as set forth in the invoice or other purchase documentation. Licensor may charge Licensee interest for any payment that is more than thirty (30) days past due at the rate of one and one-half percent (1.5%) per month or the highest amount allowed by law, whichever is lower.