Common use of Service fees and billing Clause in Contracts

Service fees and billing. 6.1. In consideration for providing the Services as set out herein, the SCP may receive a service fee as set out in the Confirmatory Response in respect of the subscriptions collected by it from GOtv subscribers during a calendar month (less withholding tax and plus value-added tax). 6.2. GOtv shall pay the SCP the undisputed fees as indicated on statements, within 30 (thirty) calendar days of receipt thereof, provided that the SCP provides GOtv with supporting documents to evidence its calculation of such fees. 6.3. GOtv may request an at intervals of not less than 30 (thirty) calendar days. Upon receipt of such request, the SCP shall provide the invoice within 5 (five) Business Days. 6.4. The SCP shall have no recourse against GOtv or any of its Affiliates for any other payments other than as agreed herein. 6.5. In the event that GOtv disputes any amounts due to the SCP, the matter shall be referred to dispute resolution as set out in clause 18 and GOtv shall be entitled to withhold payment of the disputed service fees subject to the dispute being resolved without suspension of the Services. 6.6. In the event that the SCP fails to remit the subscription fees and/or any other amounts collected by it to GOtv, GOtv shall be entitled to: 6.6.1. immediately suspend this Agreement; and/or 6.6.2. charge interest on all amounts due to it and not paid by the SCP, calculated at the Prime Rate plus 2% (two percent) and applied from the due date for payment until the date of payment; and/or 6.6.3. set off and deduct any overdue payments in respect of amounts due to GOtv which the SCP has not paid in accordance with these terms against any service fees owing to the SCP by GOtv from time to time; and/or 6.6.4. drawdown on the bank guarantee or insurance policy.

Appears in 12 contracts

Samples: Sales Contracts, Sales Contracts, Sales Contracts

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Service fees and billing. 6.1. In consideration for providing the Services as set out herein, the SCP may receive a service fee as set out in the Confirmatory Response in respect of the subscriptions collected by it from GOtv DStv subscribers during a calendar month (less withholding tax and plus value-added tax). 6.2. GOtv MultiChoice shall pay the SCP the undisputed fees as indicated on statements, within 30 (thirty) calendar days of receipt thereof, provided that the SCP provides GOtv MultiChoice with supporting documents to evidence its calculation of such fees. 6.3. GOtv MultiChoice may request an at intervals of not less than 30 (thirty) calendar days. Upon receipt of such request, the SCP shall provide the invoice within 5 (five) Business Days. 6.4. The SCP shall have no recourse against GOtv MultiChoice or any of its Affiliates for any other payments other than as agreed herein. 6.5. In the event that GOtv MultiChoice disputes any amounts due to the SCP, the matter shall be referred to dispute resolution as set out in clause 18 and GOtv MultiChoice shall be entitled to withhold payment of the disputed service fees subject to the dispute being resolved without suspension of the Services. 6.6. In the event that the SCP fails to remit the subscription fees and/or any other amounts collected by it to GOtvMultiChoice, GOtv MultiChoice shall be entitled to: 6.6.1. immediately suspend this Agreement; and/or 6.6.2. charge interest on all amounts due to it and not paid by the SCP, calculated at the Prime Rate plus 2% (two percent) and applied from the due date for payment until the date of payment; and/or 6.6.3. set off and deduct any overdue payments in respect of amounts due to GOtv MultiChoice which the SCP has not paid in accordance with these terms against any service fees owing to the SCP by GOtv MultiChoice from time to time; and/or 6.6.4. drawdown on the bank guarantee or insurance policy.

Appears in 9 contracts

Samples: Sales Contracts, Sales Contracts, Sales Contracts

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