Common use of Service Fees and Payment Terms Clause in Contracts

Service Fees and Payment Terms. 1) The fees, charges and other amounts to be invoiced by the Service Provider under T&C (“Service Fees”) are stated in the Order Form. 2) All Service Fees payable by Customer are exclusive of applicable taxes (including GST) and duties. 3) The Service Fees and applicable taxes, including GST (collectively referred to as “Invoiced Amount”) shall be stated in an invoice issued by the Service Provider to Customer after the execution of T&C, for the Service rendered. 4) The Invoiced Amount is due immediately and payable by Customer by the due date specified in the Order Form, or if not stated therein, within fifteen (15) days from the date of the invoice. Payment may be by way of electronic transfer or such other mode of payment as mutually agreed by both parties, with Customer bearing the relevant bank charges (if any). 5) In the event that the Customer fails to pay the Invoiced Amount by the due date, the Customer agrees to pay the Service Provider interest at a rate of 12% per annum (or the maximum rate of interest allowed under the relevant law) on the overdue amount, until the overdue amount is paid in full. 6) Customer shall, at its own responsibility, pay any applicable third-party fees (including telephone toll charges, mobile carrier fees, ISP charges, data plan charges, bank transfer fees, credit card fees, foreign exchange fees, if any) to the third parties. Service Provider are NOT responsible for these fees. 7) The Service Provider may revise Service Fees by giving notice of the revision to Customer at least sixty (60) days prior to the date of the revision.

Service Fees and Payment Terms. 1) The fees, charges and other amounts to be invoiced by the Service Provider under T&C (“Service b Fees”) are stated in the Order Form. 2) All Service Fees payable by Customer are exclusive of applicable taxes (including GST) and duties. 3) The Service Fees and applicable taxes, including GST (collectively referred to as “Invoiced Amount”) collective shall be stated in an invoice issued by the Service Provider to Customer after the execution of T&C, for the Service rendered. 4) The Invoiced Amount is due immediately and payable by Customer by the due date specified in the Order Form, or if not stated therein, within fifteen (15) days from the date of the invoice. Payment may be by way of electronic transfer or such other mode of payment as mutually agreed by both parties, with Customer bearing the relevant bank charges (if any). 5) In the event that the Customer fails to pay the Invoiced Amount by the due date, the Customer agrees to pay the Service Provider interest at a rate of 12% per annum (or the maximum rate of interest allowed under the relevant law) on the overdue amount, until the overdue amount is paid in full. 6) Customer shall, at its own responsibility, pay any applicable third-party fees (including telephone toll charges, mobile carrier fees, ISP charges, data plan charges, bank transfer fees, credit card fees, foreign exchange fees, if any) to the third parties. Service Provider are NOT responsible for these fees. 7) The Service Provider may revise Service Fees by giving notice of the revision to Customer at least sixty (60) days prior to the date of the revision.