Common use of PRICE AND PAYMENT Clause in Contracts

PRICE AND PAYMENT. A. License fees have been agreed upon by EBSCO and the Licensee, and include all retrospective issues of the Product(s) as well as updates furnished during the term of this Agreement. The Licensee's obligations of payment shall be to EBSCO or its assignee. Payments are due upon receipt of invoice(s) and will be deemed delinquent if not received within thirty (30) days. Delinquent invoices are subject to interest charges of 12% per annum on the unpaid balance (or the maximum rate allowed by law if such rate is less than 12%). The Licensee will be liable for all costs of collection. Failure or delay in rendering payments due EBSCO under this Agreement will, at EBSCO's option, constitute material breach of this Agreement. If changes are made resulting in amendments to the listing of authorized Sites, Databases, Services and pricing identified in this Agreement, pro rata adjustments of the contracted price will be calculated by EBSCO and invoiced to the Licensee and/or Sites accordingly as of the date of any such changes. Payment will be due upon receipt of any additional pro rata invoices and will be deemed delinquent if not received within thirty (30) days of the invoice dates.

PRICE AND PAYMENT. A. License fees have been agreed upon by EBSCO and the Licensee, and include includes all retrospective issues of the Product(s) as well as updates furnished during the term of this Agreement. The Licensee's obligations of payment shall be to EBSCO or its assignee. Payments are due upon receipt of invoice(s) and will be deemed delinquent if not received within thirty (30) 30 days. Delinquent invoices are subject to interest charges of 12% per annum on the unpaid balance (or the maximum rate allowed by law if such rate is less than 12%). The Licensee will be liable for all costs of collection. Failure or delay in rendering payments due EBSCO under this Agreement will, at EBSCO's option, constitute material breach of this Agreement. If changes are made resulting in amendments to the listing of authorized Sites, Databases, Services and pricing identified in this Agreement, Agreement pro rata adjustments of the contracted price will be calculated by EBSCO and invoiced to the Licensee and/or Sites accordingly as of the date of any such changes. Payment will be due upon receipt of any additional pro rata invoices and will be deemed delinquent if not received within thirty (30) days of the invoice dates.

PRICE AND PAYMENT. A. License fees have háve been agreed upon by EBSCO and the Licensee, and include includes all retrospective retrospectíve issues of the Product(s) as well as updates furnished during the term of this Agreement. The Licensee's obligations of payment shall be to EBSCO or its assignee. Payments are due upon receipt of invoice(s) and will wili be deemed delinquent if not received within thirty (30) wíthin 30 days. Delinquent invoices are subject to interest charges of 12% per annum on the unpaid balance (or oř the maximum rate allowed by law if such rate is less than 12%). The Licensee will be liable for all costs of collection. Failure Faiiure or delay in rendering payments due EBSCO under this Agreement will, at EBSCO's option, constitute material materlal breach of this Agreement. If changes are made resulting in amendments to the listing listíng of authorized authorízed Sites, Databases, Services and pricing identified in this Agreement, Agreement pro rata adjustments of the contracted price will be calculated by EBSCO and invoiced to the Licensee and/or Sites accordingly accordingiy as of the date dáte of any such changes. Payment will be due upon receipt of any additional pro rata invoices and will be deemed delinquent if íf not received within wíthin thirty (30) days of the invoice invoíce dates.