Common use of Remedies for Non-Payment Clause in Contracts

Remedies for Non-Payment. In addition to any other remedies available to Forward Networks, including any remedies set forth in the applicable Order, in the event that Customer fails to pay any invoiced amounts when due: (a) Forward Networks will have the right to immediately suspend or block Customer’s access to the Solution until full payment of all amounts is received; and (b) Customer shall pay a late charge equal to the lesser of 1.5% per month (pro -rated if necessary) or the maximum amount permitted under applicable law, on any past due balance, and the charge shall accrue beginning on the day after the amount is due.

Appears in 2 contracts

Samples: Customer License Agreement, Customer License Agreement

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Remedies for Non-Payment. In addition to any other remedies available to Forward Networks, including any remedies set forth in the applicable Order, in the event that Customer fails to pay any invoiced amounts when due: (a) Forward Networks will have the right to immediately suspend or block Customer’s access to the Solution until full payment of all amounts is received; and (b) Customer shall pay a late charge equal to the lesser of 1.5% per month (pro -rated pro-rated if necessary) or the maximum amount permitted under applicable law, on any past due balance, and the charge shall accrue beginning on the day after the amount is due.

Appears in 2 contracts

Samples: Master Services Agreement, Master Services Agreement

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Remedies for Non-Payment. In addition to any other remedies available to Forward Networks, including any remedies set forth in the applicable Order, in the event that Customer fails to pay any invoiced amounts when due: (a) Forward Networks will have the right to immediately suspend or block Customer’s access to the Solution until full payment of all amounts is received; and (b) Customer shall pay a late charge equal to the lesser of 1.5% per month (pro -rated pro-rated if necessary) or the maximum amount permitted under applicable law, on any past due balance, and the charge shall accrue beginning on the day after the amount is due. Confidentiality, Data Security and Data Privacy.

Appears in 1 contract

Samples: Customer License Agreement

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