Common use of Default on Payment Clause in Contracts

Default on Payment. If the Member defaults on payment to the amount of at least two monthly fees, urban apes will charge a reminder fee of EUR 5.00 per reminder. urban apes reserves the right to claim interest on arrears together with other costs or damages incurred when collecting payment. The provision in section 6.3 (GTC) shall apply accordingly. urban apes also has the right to impose a temporary block on the Member until all the outstanding fees have been paid in full. This does not affect the further payment of monthly fees.

Appears in 14 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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