Late or non-payment. In the event of late payment, the seller may suspend all orders in progress, without prejudice to any other course of action. Any sum not paid by the due date indicated on the invoice shall automatically entail the application of penalties equal to three times the legal interest rate. In addition, a fixed indemnity for collection costs of 40 euros will be due. In the event of non-payment, forty-eight hours after a formal notice remained unsuccessful, the sale will be terminated by right if the seller sees fit. may request, in summary proceedings, the return of the products, without prejudice to any other damages. The cancellation will affect not only the order in question but also all previous unpaid orders, whether delivered or in the process of being delivered and whether or not payment is due. In the case of payment by bill of exchange, failure to return the bill of exchange will be considered as a refusal to accept it, which will be considered as a default of payment. Likewise, when payment is made in installments, non-payment of a single installment will result in the immediate payment of the entire debt, without formal notice. In all the preceding cases, the sums which would be due for other deliveries, or for any other cause, will become immediately payable if the company COLMANT COATED FABRICS does not opt for the resolution of the corresponding orders. In no case, the payments can be suspended nor be the object of any compensation without the written and preliminary agreement of the company COLMANT COATED FABRICS. Any partial payment will be charged first to the non-privileged part of the debt, then to the sums that are due the earliest. In the event that we are obliged to take legal action to obtain payment, we shall be liable to pay an irreducible fixed penalty equal to 20% of the invoice amount, without said penalty being less than €300, without the need for prior notice of default and without prejudice to any damages.
Late or non-payment. Any sum not paid as of the due date: – renders all amounts owned to Gazechim immediately payable, including those that are not yet due; – authorises Xxxxxxxx to suspend Service performance and/or Product delivery; – authorises Gazechim to recover Products that have not been paid for; – results in the application of an interest rate equal to the main refinancing rate in force of the European Central Bank in force at the due date mentioned on the invoice, plus ten (10) percentage points.