Common use of Payment and Interest Clause in Contracts

Payment and Interest. 4.1 The Client shall pay the amounts specified on the dates set out in and in accordance with the terms contained within the Agreement. 4.2 Interest on overdue invoices shall accrue from the date when payment becomes due calculated on a daily basis until the date of payment at the rate of statutory interest. Such interest shall accrue after as well as before any judgment. 4.3 The Client shall pay all accounts in full and not exercise any rights of set-off or counter-claim against invoices submitted by the Company. 4.4 The Company shall be entitled to charge the Client for any expenses reasonably incurred in connection with the supply of the Services, including but not limited to travelling expenses, accommodation costs, subsistence and any associated expenses, and for the cost of services provided by third parties and required by the Company for the performance of the Services and for the cost of any materials. 4.5 The Company reserves the right to increase its rates from time to time. 4.6 If the Client fails to make any payment for web hosting services supplied by the Company, the Company reserves the right to remove the Client’s website from its servers and withhold the Client’s access to its website and/or email services. 4.7 The Company reserves the right to charge the Client a fee in the sum of £90 plus VAT for reactivation of the website and/or email services where payment is received from the Client following withdrawal of its services pursuant to clause 4.6. 4.8 The Company reserves the right to charge the Client a fee in the sum of £15 plus VAT for the administration of the collection of Charges by Direct Debit where an earlier attempt to collect the Charges by Direct ▇▇▇▇▇ has failed.

Appears in 3 contracts

Sources: Terms and Conditions of Business, Terms and Conditions of Business, Terms and Conditions of Business

Payment and Interest. 4.1 The Client shall pay the amounts specified on the dates set out in and in accordance with the terms contained within the Agreement. 4.2 Interest on overdue invoices shall accrue from the date when payment becomes due calculated on a daily basis until the date of payment at the rate of statutory interest. Such interest shall accrue after as well as before any judgment. 4.3 The Client shall pay all accounts in full and not exercise any rights of set-off or counter-claim against invoices submitted by the Company. 4.4 The Company shall be entitled to charge the Client for any expenses reasonably incurred in connection with the supply of the Services, including but not limited to travelling expenses, accommodation costs, subsistence and any associated expenses, and for the cost of services provided by third parties and required by the Company for the performance of the Services and for the cost of any materials. 4.5 The Company reserves the right to increase its rates from time to time. 4.6 If the Client fails to make any payment for web hosting services supplied by the Company, the Company reserves the right to remove the Client’s website from its servers and withhold the Client’s access to its website and/or email services. 4.7 The Company reserves the right to charge the Client a fee in the sum of £90 plus VAT for reactivation of the website and/or email services where payment is received from the Client following withdrawal of its services pursuant to clause 4.6. 4.8 The Company reserves the right to charge the Client a fee in the sum of £15 plus VAT for the administration of the collection of Charges by Direct Debit where an earlier attempt to collect the Charges by Direct ▇▇▇▇▇ Debit has failed.

Appears in 1 contract

Sources: Terms and Conditions of Business