Common use of Overdue Fees Clause in Contracts

Overdue Fees. If Fees are overdue then We will notify you and, without prejudice to Our rights or remedies, may: (a) suspend access to the Services and Support; and (b) charge late payment interest from their due date until full payment is received at the rate of the lesser of 1.5% per month or the greatest rate permitted by applicable law (Interest ); or (c) require you to pay a sum equal to the Interest, or a portion of the Interest, to an Appointed Beneficiary, with (b) and (c) in such proportions as We may specify. If We take action to pursue collection of overdue, undisputed Fees you will pay the reasonable associated costs. If you are late paying invoices, We may make shorter payment terms a condition of Renewal.

Appears in 6 contracts

Samples: Master Subscription Agreement, Master Subscription Agreement, Master Subscription Agreement

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Overdue Fees. If Fees are overdue then We will notify you and, without prejudice to Our rights or remedies, may: (a) suspend access to the Services and Support; and (b) charge late payment interest from their due date until full payment is received at the rate of the lesser of 1.5% per month or the greatest rate permitted by applicable law (Interest Interest); or (c) require you to pay a sum equal to the Interest, or a portion of the Interest, to an Appointed Beneficiary, with (b) and (c) in such proportions as We may specify. If We take action to pursue collection of overdue, undisputed Fees you will pay the reasonable associated costs. If you are late paying invoices, We may make shorter payment terms a condition of Renewal.

Appears in 5 contracts

Samples: Master Subscription Agreement, Master Subscription Agreement, Master Subscription Agreement

Overdue Fees. If Fees are overdue then We will notify you and, without prejudice to Our rights or remedies, may: (a) suspend access to the Services and Support; and (b) charge late payment interest from their due date until full payment is received at the rate of the lesser of 1.5% per month or the greatest rate permitted by applicable law (Interest Interest); or (c) require you to pay a sum equal to the Interest, or a portion of the Interest, to an Appointed Beneficiary, with (b) and (c) in such proportions as We may specify. If We take action to pursue collection of overdue, undisputed Fees Fees: (i) you will pay the reasonable associated costs. If you are late paying invoices, ; and (ii) We may make shorter payment terms a condition of a Renewal.

Appears in 5 contracts

Samples: Master Subscription Agreement, Master Subscription Agreement, Master Subscription Agreement

Overdue Fees. If Fees are overdue then We will notify you and, without prejudice to Our rights or remedies, may: (a) suspend access to the Services and Support; and (b) charge late payment interest from their due date until full payment is received at the rate of the lesser of 1.5% per month or the greatest rate permitted by applicable law (Interest Interest); or (c) require you to pay a sum equal to the Interest, or a portion of the Interest, to an Appointed Beneficiary, with (b) and (c) in such proportions as We may specify. If We take action to pursue collection of overdue, undisputed Fees you will pay the reasonable associated costs. If you are late paying invoices, We may also make shorter payment terms a condition of Renewalany Renewals.

Appears in 3 contracts

Samples: Master Subscription Agreement, Master Subscription Agreement, Master Subscription Agreement

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Overdue Fees. If Fees are overdue then We will notify you and, without prejudice to Our rights or remedies, may: (a) suspend access to the Services and SupportServices; and (b) charge late payment interest from their due date until full payment is received at the rate of the lesser of 1.5% per month or the greatest rate permitted by applicable law (Interest ); or (c) require you to pay a sum equal to the Interest, or a portion of the Interestit, to an Appointed Beneficiary, with (b) and (c) in such proportions as We may specify. If We take action to pursue collection of overdue, undisputed Fees you will pay the reasonable associated costs. If you are late paying invoices, We may make shorter payment terms a condition of Renewal.

Appears in 1 contract

Samples: Master Subscription Agreement

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