Client’s Payment Obligations Clause Samples
The 'Client’s Payment Obligations' clause defines the client's responsibility to pay the agreed fees for services or products provided under the contract. It typically outlines when payments are due, acceptable payment methods, and any consequences for late or missed payments, such as interest charges or suspension of services. This clause ensures that both parties have a clear understanding of the financial terms, helping to prevent disputes and ensuring timely compensation for the service provider.
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Client’s Payment Obligations. (a) Except where expressly specified otherwise in the Agreement, as total compensation for its performance of the Services, the Client shall pay the Consultant the aggregate of the following amounts:
(i) the Disbursements;
(ii) for each hour spent by any of its officers, directors, employees and contract employees engaged in the performance of the Services in the positions specified in Part A of Appendix C, the corresponding hourly rate for each position as specified in Part A in Appendix C, (“Services Costs”).
(b) The Consultant will not be entitled to be paid, and must not charge for, any Services Costs incurred due to the failure of the Consultant to:
(i) exercise reasonable care and diligence in the performance of the Services;
(ii) perform the Services in a reasonably expeditious and cost effective manner.
(c) The estimated total Services Costs as at the Execution Date is the amount specified in Part C of Appendix C.
(d) Subject to Clause 62.9 and any other right to set off which the Client may have, the Client must pay the Consultant the Services Costs in accordance with the Agreement.
Client’s Payment Obligations. Fees. Client will pay TeleCheck for: (a) all fees and charges for the Services that are set forth in the Application or Agreement; (b) all Items that are charged back; (c) all adjustments required in connection with Client’s transactions; and (d) all costs, liabilities, or other obligations imposed on TeleCheck by third parties as a result of transactions submitted by Client, its actions, or inactions.
Client’s Payment Obligations. CLIENT shall pay and reimburse CSI for all service fees and for all monies paid, if any and/or disbursed by CSI related to the services provided to the CLIENT on completion of each payroll period, inclusive of any items for paid time off. ALL INVOICES MUST BE PAID IN FULL UPON PRESENTATION and in no event less than Forty-eight (48) hours prior to payroll delivery. If payment in full is not received by CSI upon presentation of invoice, or if payroll data is not received for processing by CSI (within 72 hours), after completion of each payroll period and presentation of invoice, then the Client Service Agreement will be considered null and void for that pay period, all future pay periods and CLIENT will be in default under this Agreement. In which case, CLIENT agrees to be liable for payment to the Co-Employees directly for the current pay period, all future pay periods, and all payroll costs and related taxes, and indemnify CSI for any claims thereof. If any monies are due and not paid in full on presentation of invoice, then administrative charges of 2% per month will be charged. CLIENT will pay any and all costs and attorney's fees that CSI may incur in collection of these monies. If payment is made by check, and check is returned for insufficient funds, a fee of $50.00 will be charged. All payment obligations shall survive any termination of this Agreement until fully satisfied.
Client’s Payment Obligations. Client shall be fully and unconditionally liable for the timely settlement of each and every Transaction effected with or through CES, including any settlement relating to any interest or dividend payment, any corporate action, any foreign exchange Transaction and fees, any and all brokerage charges, give-up fees, commissions, commission equivalents, transaction or other taxes, and any other charges or fees of any kind charged by CES or by any other person. Client shall pay for CES’s services at CES’s then-prevailing rates, or such other rates as may be agreed upon, from time to time, between CES and Client.
Client’s Payment Obligations