Payment default Clauses Exemplaires
Payment default. Any failure to pay an invoice on its due date will automatically entail refusal and/or suspension of the performance of the Contract without any prior formality being due, in each case up until the Customer fully pays the invoices that have fallen due. In the event of a payment default with respect to all or part of an amount due, Cdiscount Advertising may, at its discretion, consider all amounts owed by the Customer for services already performed to be due and payable. In addition and in accordance with the law, late payment interest will be calculated with respect outstanding amounts at a rate equal to three times the statutory interest rate. Moreover, failure to pay all or part of an invoice by its due date will result in a penalty equal to 20% of the amount due, plus late payment interest as indicated above. In accordance with articles L441-6 and D441-5 of the French Commercial Code, a lump-sum indemnity of at least €40 for recovery costs is payable in addition to late payment penalties (not subject to VAT). In addition, Cdiscount Advertising reserves the right to suspend and/or terminate the Contract and/or claim any damages. In addition to all other rights and claims, Cdiscount Advertising may terminate the dissemination of any Advertisement or performance of any Service for which payment has not been timely made or suspend the performance of the Services without prior formalities being due.
Payment default. In the event of non-compliance with the payment terms, IZAAC reserves the right to suspend or cancel the provision of the services agreed with the Client, to suspend the performance of its obligations and to cancel any discounts granted to the latter.
Payment default. In accordance with Article L 321-14 of the Code du commerce, in the event of failure to pay by the winning bidder, after notice summoning payment has been sent to the buyer by registered letter with return receipt requested and remains without effect, the item shall be re-auctioned on the seller's request; if the seller does not express this request within three months following the sale, PIASA shall be empowered to act in his name and on his behalf and may: - either notify the winning bidder of the automatic rescission of the sale, without prejudice to any damages that may be claimed. The defaulting winning bidder will remain liable to pay the auction costs; - or pursue the enforcement of the sale and payment of the hammer price and auction costs, for its own benefit and/or on behalf of the seller. ▇▇▇▇▇ SA reserves the right to exclude any winning bidder who fails to pay, or who does not comply with these general terms and conditions of auction, from any future auctions. In this respect, the PIASA auction house is a member of the central registry for auctioneers for the prevention of non-payment (Registre central de prévention des impayés des Commissaires priseurs) with which payment incidents may be registered. The rights of access, rectification and opposition on legitimate grounds may be exercised by the debtor in question by contacting Symev, ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇.
Payment default. Pursuant to Article L.441-10 of the French Commercial Code, any sum remaining outstanding on the due date shall, as of right and without prior notice, accrue interest calculated on the basis of the interest rate applied by the European Central Bank to its most recent refinancing operation, plus 10 percentage points, subject to a minimum of three times the statutory interest rate, plus a fixed debt collection fee of forty (40) euros. Furthermore, notwithstanding the foregoing and without prejudice to any action, the Customer shall be liable for a penalty clause payment equal to 10% of the sums remaining due; advance payments shall be permanently acquired by DPD. In the event of failure to observe any agreed due date, all invoices not yet due shall become so as a result, as of right, including any that have been the subject of bills of exchange; in this event, any special terms and conditions that may have been granted shall automatically lapse as a result. Furthermore, in any such event DPD shall be entitled to require cash payment of all sums owed or falling due as a result, before performing any further transport services.
Payment default. 8.2.1 Any amount which is not paid including all taxes on its due date shall result in the Customer being required to pay penalties set at three times the statutory interest rate. Such penalties shall be payable automatically and shall be debited as a matter of course from the account of the Customer without any reminder or notice to pay being required in order to trigger such penalties for late payment.
8.2.2 In case of delayed payment by the Customer, the Customer shall automatically owe the Vendor a lump-sum of forty (40) euros for recovery costs.
Payment default. Settlements are cash.