Common use of Terms and Conditions of Payment Clause in Contracts

Terms and Conditions of Payment. 10.1 The total cost of this service is set out in the Client Registration Form and which is to be paid by the Client as follows:- 10.1.1 the Registration Fee shall be payable by the Client to Netcells upon registration and prior to the delivery of the Netcells Collection Kit; 10.1.2 the processing & storage fee shall be due and payable once the Client has received notification (meaning confirmation of storage by Netcells together with issue of the Cord Blood and/or Cord Tissue Test results certificate) of the storage of the Stem Cells. Initial 5/8 10.2 Included in the Registration Fee in Clause 10.1.1 above, is the normal cost of a courier. Any additional or special courier charges (public holidays, outlying areas, express delivery) shall be pre-authorised and separately invoiced to the Client. 10.3 Included in the processing & storage fee in Clause 10.1.2 above, is the cost for the testing of Maternal Blood. Should the Maternal Blood not be collected at birth and couriered with the Cord Blood and/or Cord Tissue or should there be insufficient blood and additional Maternal Blood is required, the costs of withdrawing the Maternal Blood and couriering it (separately from the Cord Blood and/or Cord Tissue to the Netcells laboratory, will be for the Client’s own account. Where a pregnancy is assisted by surrogacy, the Maternal Blood will need to be collected from the Surrogate Mother. 10.4 The Client may select to pay the processing and storage fee in accordance with a monthly payment plan as indicated in the Client Registration Form. In this case, a compulsory debit order authorisation form needs to be signed and should this be returned by the bank for any reason whatsoever, the Client will be liable to pay a debit order rejection fee of R100 (one hundred Rand). By signing this Agreement the Client confirms that the Parents have the necessary funds and cash flow to service the monthly repayments and that this repayment commitment cannot be deemed to be a reckless extension of the Parents financial obligations. 10.5 Where a pregnancy has been assisted by partial surrogacy and the Surrogate Mother exercises her right to terminate the surrogacy agreement within 60 (sixty) days of the child being born, the commissioning parent will be responsible to pay the processing and storage fees in full and to recover these funds from the Surrogate Mother as expenses incurred in terms of the agreement. 10.6 All overdue amounts shall bear interest at a rate equivalent to the aggregate of the publicly quoted prime overdraft lending rate charged by the Standard Bank of South Africa plus 2% (two percent). 10.7 The Client acknowledges that the failure to effect payment of any fee or cost timeously may result in the termination of this Agreement by Netcells in terms of Clause 14.3, after written notice to the Client.

Appears in 2 contracts

Samples: Cord Blood/Tissue Banking and Related Services Agreement, Cord Blood/Tissue Banking and Related Services Agreement

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Terms and Conditions of Payment. 10.1 10.1. The total cost of this service is set out in the Client Registration Form and which is to be paid by the Client as follows:- 10.1.1 10.1.1. the Registration Fee shall be payable by the Client to Netcells upon registration and prior to the delivery of the Netcells Collection Kit; 10.1.2 10.1.2. the processing & storage fee shall be due and payable once the Client has received notification (meaning confirmation of storage by Netcells together with issue of the Cord Blood and/or Cord Tissue Test results certificate) of the storage of the Stem Cells. 10.2. Initial 5/8 10.2 Included in the Registration Fee in Clause 10.1.1 above, is the normal cost of a courier. Any additional or special courier charges (public holidays, outlying areas, express delivery) shall be pre-authorised and separately invoiced to the Client. 10.3 10.3. Included in the processing & storage fee in Clause 10.1.2 above, is the cost for the testing of Maternal Blood. Should the Maternal Blood not be collected at birth and couriered with the Cord Blood and/or Cord Tissue or should there be insufficient blood and additional Maternal Blood is required, the costs of withdrawing the Maternal Blood and couriering it (separately from the Cord Blood and/or Cord Tissue to the Netcells laboratory, will be for the Client’s own account. Where a pregnancy is assisted by surrogacy, the Maternal Blood will need to be collected from the Surrogate Mother. 10.4 10.4. The Client may select to pay the processing and storage fee in accordance with a monthly payment plan as indicated in the Client Registration Form. In this case, a compulsory debit order authorisation form needs to be signed and should this be returned by the bank for any reason whatsoever, the Client will be liable to pay a debit order rejection fee of R100 (one hundred Rand). By signing this Agreement the Client confirms that the Parents have the necessary funds and cash flow to service the monthly repayments and that this repayment commitment cannot be deemed to be a reckless extension of the Parents financial obligations. 10.5 10.5. Where a pregnancy has been assisted by partial surrogacy and the Surrogate Mother exercises her right to terminate the surrogacy agreement within 60 (sixty) days of the child being born, the commissioning parent will be responsible to pay the processing and storage fees in full and to recover these funds from the Surrogate Mother as expenses incurred in terms of the agreement. 10.6 10.6. All overdue amounts shall bear interest at a rate equivalent to the aggregate of the publicly quoted prime overdraft lending rate charged by the Standard Bank of South Africa plus 2% (two percent). 10.7 10.7. The Client acknowledges that the failure to effect payment of any fee or cost timeously may result in the termination of this Agreement by Netcells in terms of Clause 14.3, after written notice to the Client.

Appears in 2 contracts

Samples: Cord Blood/Tissue Banking and Related Services Agreement, Cord Blood/Tissue Banking and Related Services Agreement

Terms and Conditions of Payment. 10.1 The total cost of this service is set out in the Client Registration Form and which is to be paid by the Client as follows:- 10.1.1 10.1.1. the Registration Fee shall be payable by the Client to Netcells Next Biosciences upon registration and prior to the delivery of the Netcells Next Biosciences Collection Kit; 10.1.2 10.1.2. the processing Banking & storage fee Storage Fee shall be due and payable once the Client has received notification (meaning confirmation of storage Storage by Netcells Next Biosciences together with issue of the Cord Blood and/or and/ or Cord Tissue Test results certificate) of the storage Storage of the Stem Cells. Initial 5/8 10.2 Included in the Registration Fee in Clause 10.1.1 above, is the normal cost of a courier. Any additional or special courier charges (public holidays, outlying areas, express delivery) shall be pre-authorised and separately invoiced to the Client. 10.3 . Included in the processing Banking & storage fee Storage Fee in Clause 10.1.2 above, is the cost for the testing of Maternal Blood. Should the Maternal Blood not be collected at birth and couriered with the Cord Blood and/or Cord Tissue or should there be insufficient blood and additional Maternal Blood is required, the costs of withdrawing the Maternal Blood and couriering it (separately from the Cord Blood and/or Cord Tissue Tissue) to the Netcells Next Biosciences laboratory, will be for the Client’s own account. Where a pregnancy is assisted by surrogacy, the Maternal Blood will need to be collected from the Surrogate Mother. 10.4 The Client may select to pay the processing Banking and storage fee Storage Fee in accordance with a monthly payment plan as indicated in the Client Registration Form. In this case, a compulsory debit order authorisation form needs to be signed and should this be returned by the bank for any reason whatsoever, the Client will be liable to pay a debit order rejection fee of R100 (one hundred Rand). By signing this Agreement the Client confirms that the Parents have the necessary funds and cash flow to service the monthly repayments and that this repayment commitment cannot be deemed to be a reckless extension of the Parents Parent’s financial obligations. 10.5 Where a pregnancy has been assisted by partial surrogacy and the Surrogate Mother exercises her right to terminate the surrogacy agreement within 60 (sixty) days of the child being born, the commissioning parent will be responsible to pay the processing and storage fees in full and to recover these funds from the Surrogate Mother as expenses incurred in terms of the agreement. 10.6 . All overdue amounts shall bear interest at a rate equivalent to the aggregate of the publicly quoted prime overdraft lending rate charged by the Standard Bank of South Africa plus 2% (two percent). 10.7 . The Client acknowledges that the failure to effect payment of any fee or cost timeously may result in the termination of this Agreement by Netcells Next Biosciences in terms of Clause 14.3, after written notice to the Client. The Client acknowledges that no refund will be given for the Registration and Banking Fees if the Maternal Blood Tests indicate an H.I.V infection, which has not been disclosed in the Maternal Health Questionnaire.

Appears in 2 contracts

Samples: Cord Blood/Tissue Banking and Related Services Agreement, Cord Blood/Tissue Banking and Related Services Agreement

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Terms and Conditions of Payment. 10.1 11.1.3. the advantages of transplanting Stem Cells derived from Cord Blood and/or CordTissue over other types of treatment using Stem Cells derived elsewhere. 10.2 10.3 10.4 11.1 The total cost of this service is set out in the Client Registration Form and which is to be paid by the Client as follows:- 10.1.1 10.1.1. the Registration Fee shall be payable by the Client to Netcells Next Biosciences upon registration and prior to the delivery of the Netcells Next Biosciences Collection Kit; 10.1.2 10.1.2. the processing Banking & storage fee Storage Fee shall be due and payable once the Client has received notification (meaning confirmation of storage Storage by Netcells Next Biosciences together with issue of the Cord Blood and/or and/ or Cord Tissue Test results certificate) of the storage Storage of the Stem Cells. Initial 5/8 10.2 Included in the Registration Fee in Clause 10.1.1 above, is the normal cost of a courier. Any additional or special courier charges (public holidays, outlying areas, express delivery) shall be pre-authorised and separately invoiced to the Client. 10.3 . Included in the processing Banking & storage fee Storage Fee in Clause 10.1.2 above, is the cost for the testing of Maternal Blood. Should the Maternal Blood not be collected at birth and couriered with the Cord Blood and/or Cord Tissue or should there be insufficient blood and additional Maternal Blood is required, the costs of withdrawing the Maternal Blood and couriering it (separately from the Cord Blood and/or Cord Tissue Tissue) to the Netcells Next Biosciences laboratory, will be for the Client’s own account. Where a pregnancy is assisted by surrogacy, the Maternal Blood will need to be collected from the Surrogate Mother. 10.4 The Client may select to pay the processing Banking and storage fee Storage Fee in accordance with a monthly payment plan as indicated in the Client Registration Form. In this case, a compulsory debit order authorisation form needs to be signed and should this be returned by the bank for any reason whatsoever, the Client will be liable to pay a debit order rejection fee of R100 (one hundred Rand). By signing this Agreement the Client confirms that the Parents have the necessary funds and cash flow to service the monthly repayments and that this repayment commitment cannot be deemed to be a reckless extension of the Parents Parent’s financial obligations. 10.5 Where a pregnancy has been assisted by partial surrogacy and the Surrogate Mother exercises her right to terminate the surrogacy agreement within 60 (sixty) days of the child being born, the commissioning parent will be responsible to pay the processing and storage fees in full and to recover these funds from the Surrogate Mother as expenses incurred in terms of the agreement. 10.6 . All overdue amounts shall bear interest at a rate equivalent to the aggregate of the publicly quoted prime overdraft lending rate charged by the Standard Bank of South Africa plus 2% (two percent). 10.7 . The Client acknowledges that the failure to effect payment of any fee or cost timeously may result in the termination of this Agreement by Netcells Next Biosciences in terms of Clause 14.3, after written notice to the Client.

Appears in 1 contract

Samples: Cord Blood/Tissue Banking and Related Services Agreement

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