Default of Payment Musterklauseln

Default of Payment. We are entitled to cancel the contract if you are in default with the payment.
Default of Payment. After expiration of the payment period set forth in clause 12 hereinabo- ve, the buyer is in default without any further reminder or notice. From the date of default onwards, the buyer shall pay a default interest of 5 % p.a.. After the second reminder, a reminding fee of CHF 10.00 per notice shall be charged. Hänseler AG reserves the right to execute the payment obligations after the first reminder without any further notice. In case of default of payment Xxxxxxxx AG reserves the right to withdraw from the contract with immediate effect and to claim the restitution of the goods. The right to claim further damages is explicitly reserved.
Default of Payment. Without prior notice any late payment is subject to interest at the rate of 10% per annum over the base rate, which at the first of each calendar half-year is published from the due date onwards. For each justified reminder by ACAT the effective costs but at least CHF 40 are to be replaced by the debtor of ACAT.
Default of Payment. Without prior notice any late payment is subject to interest at the rate of 10% per annum over the base rate, which at the first of each calendar half‐year is published from the due date onwards. For each justified reminder by ANOWO the effective costs but at least EUR 40 are to be replaced by the debtor of ANOWO.
Default of Payment. You shall be in default of payment if payment is not received by us within two weeks of receipt of the invoice. In the event of late payment, interest shall be charged at a rate of 5 percentage points above the prime rate of the European Central Bank, or 9 percentage points above the prime rate of the European Central Bank in the case of legal transactions in which a consumer is not involved. If you are in default with your payments, we reserve the right to charge reminder fees in the amount of 2.50 euros. We reserve the right to claim damages in excess of this amount. You have the option of proving that we have incurred no or less damage.

Related to Default of Payment

  • Force Majeure 14.1. A party's obligations in terms of these Credit Terms shall be suspended for such period during which that party is prevented from complying with its obligations due to Force Majeure, provided such party: (a) has notified the other party of the existence of such Force Majeure, (b) does everything in its/his/her power to comply with the Loan Agreement; and (c) fulfils its obligations once the Force Majeure event has ceased to exist, within the time specified by the other party. 14.2. For the avoidance of doubt, Force Majeure shall only suspend a party’s obligation in so far as it is impossible for such party to perform the same and shall in no case excuse such party from the obligation to perform other obligations in terms of the Loan Agreement.