Common use of Payment of the Fee Clause in Contracts

Payment of the Fee. (1) The Subscriber pays the Fee due for the services to be used by him by bank transfer to the Service Provider's bank account prior to using the Service. The Service Provider credits and records the amount paid by the Subscriber to the Subscriber's Balance (hereinafter "Balance"). The Service Provider shall send a Proforma Invoice for the first fee installment falling due to the Subscriber in all cases, the first Proforma Invoice is an annex to the Subscription Contract. The Subscriber can initiate the bank transfer in accordance with the data on the Proforma Invoice. The Service Provider shall only send Proforma Invoices for subsequent fee installments at the Subscriber's request.

Appears in 3 contracts

Samples: General Terms of Agreement, General Terms of Agreement, General Terms of Agreement

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Payment of the Fee. (1) The Subscriber pays the Fee due for the services to be used by him by bank transfer to the Service Provider's bank account prior to using the Service. The Service Provider credits and records the amount paid by the Subscriber to the Subscriber's Balance (hereinafter "Balance"). The Service Provider shall send a Proforma Invoice for the first fee installment instalment falling due to the Subscriber in all cases, the first Proforma Invoice is an annex to the Subscription Contract. The Subscriber can initiate the bank transfer in accordance with the data on the Proforma Invoice. The Service Provider shall only send Proforma Invoices for subsequent fee installments instalments at the Subscriber's request.

Appears in 1 contract

Samples: General Terms of Agreement

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