Common use of Payment Collection Clause in Contracts

Payment Collection. If Client fails to make any payment when due, without limiting 8bitstudio’s other rights and remedies: 2.3.1 8bitstudio may charge late fees and/or interest on the past due amount at the rate of one and one-half percent (1.5%) per month calculated daily and compounded monthly or, if lower, the highest rate permitted under applicable law; 2.3.2 Client shall reimburse 8bitstudio for all costs incurred by 8bitstudio in collecting any late payments and/or interest, including attorneys’ fees, court costs, and collection agency fees; and 2.3.3 if such failure continues for ten (10) days or more, 8bitstudio may suspend Client’s to any portion or all of the services until such amounts are paid in full.

Payment Collection. If Client fails to make any payment when due, without limiting 8bitstudio’s other rights and remedies: 2.3.1 2.5.1. 8bitstudio may charge late fees and/or interest on the past due amount at the rate of one and one-half percent (1.5%) per month calculated daily and compounded monthly or, if lower, the highest rate permitted under applicable law; 2.3.2 2.5.2. Client shall reimburse 8bitstudio for all costs incurred by 8bitstudio in collecting any late payments and/or interest, including attorneys’ fees, court costs, and collection agency fees; and 2.3.3 if 2.5.3. If such failure continues for ten (10) days or more, 8bitstudio may suspend Client’s to any portion or all of the services until such amounts are paid in full.