Common use of Our Options Clause in Contracts

Our Options. If you do not pay any amount invoiced to you on or prior to the due date for payment, we may do one or more of the following, without prejudice to any of our other rights or remedies: (a) charge interest at a rate of 10% per annum, calculated on a daily basis from the due date for payment until the date that payment is actually made to us, and you agree to pay such interest; (b) take action against you to recover any monies due, including without limitation debt recovery, listing you with a credit referencing agency or enforcing any security you have provided to us; (c) charge you all costs and expenses we incur (whether internal or external) in recovering or attempting to recover any amount that you owe us, including legal costs on a solicitor-client basis; or (d) stop doing further work for you, or any entity associated with you in relation to any one or more Matters.

Our Options. If you do not pay any amount invoiced to you on or prior to the due date for payment, we may do one or more of the following, without prejudice to any of our other rights or remedies: (a) charge interest at a rate of 1018% per annum, calculated on a daily basis from the due date for payment until the date that payment is actually made to us, and you agree to pay such interest; (b) take action against you to recover any monies due, including without limitation debt recovery, listing you with a credit referencing agency or enforcing any security you have provided to us; (c) charge you all costs and expenses we incur (whether internal or external) in recovering or attempting to recover any amount that you owe us, including legal costs on a solicitor-client basis; or (d) stop doing further work for you, or any entity associated with you in relation to any one or more Matters.