Common use of Outstanding Payments Clause in Contracts

Outstanding Payments. All payments must be settled promptly within seven (7) days from date of invoice. Where any amount due to Middleton or part thereof remains unpaid after the due date, the School reserves the right to: 5.2.1. Charge a late fee equivalent to interest on the overdue amount at the rate of 5% per month from the due date until payment; and/or 5.2.2. Cease supplying course materials (if any) and all services to the Student without prejudice to the obligation to pay fees; and/or 5.2.3. Discontinue providing education to the Student.

Appears in 3 contracts

Sources: Terms and Conditions, Terms and Conditions, Terms and Conditions

Outstanding Payments. All payments must be settled promptly within seven (7) days from date of invoice. Where any amount due to Middleton or part thereof remains unpaid after the due date, the School ▇▇▇▇▇▇▇▇▇ reserves the right to: 5.2.15.6.1. Charge a late fee equivalent to interest on the overdue amount at the rate of 5% per month from the due date until payment; and/or 5.2.25.6.2. Cease supplying course materials (if any) and all services to the Student without prejudice to the obligation to pay feesFees; and/or 5.2.35.6.3. Discontinue providing education to the Student.

Appears in 1 contract

Sources: Terms and Conditions