Common use of Payment Rates Clause in Contracts

Payment Rates. a. The Vendor shall charge the third-party customer for their services according to the b. The Vendor is entitled to seventy-five percent (75%) of the monies received from the third- party customer for the supply of their services and InstaComfort is entitled to be paid the remaining twenty-five percent (25%) as a commission on each booking up until the termination of the Agreement. c. Where the third party customer requests additional concierge services, the Vendor is required to pay to InstaComfort an additional ten percent (10%) commission on the booking. d. The Vendor shall pay the commission to InstaComfort in full, immediately upon clearing the funds acquired from the third-party customer for the services. If payment is not made, InstaComfort shall be entitled to charge interest on the outstanding amount at the rate of five percent [5%] of the Vendor’s charge for their services up until the outstanding amount is paid in full. e. If the Vendor remains in default of payment after twenty-one (21) days, InstaComfort will be entitled to bring legal proceedings against the Vendor to recover all monies and accrued interest due and owing to them.

Payment Rates. a. The Vendor shall charge the third-party customer for their services according to the b. The Vendor is entitled to seventyeighty-five percent (7585%) of the monies received from the third- party customer for the supply of their services and InstaComfort is entitled to be paid the remaining twenty-five fifteen percent (2515%) as a commission on each booking up until the termination of the Agreement. c. Where the third party customer requests additional concierge services, the Vendor is required to pay to InstaComfort an additional ten percent (10%) commission on the booking. d. The Vendor shall pay the commission to InstaComfort in full, immediately upon clearing the funds acquired from the third-party customer for the air transport services. If payment is not made, InstaComfort shall be entitled to charge interest on the outstanding amount at the rate of five percent [5%] of the Vendor’s charge for their the services up until the outstanding amount is paid in full. e. If the Vendor remains in default of payment after twenty-one (21) days, InstaComfort will be entitled to bring legal proceedings against the Vendor to recover all monies and accrued interest due and owing to them.

Payment Rates. a. The Vendor shall charge the third-party customer for their services according to the b. The Vendor is entitled to seventyeighty-five percent (7585%) of the monies received from the third- party customer for the supply of their services and InstaComfort is entitled to be paid the remaining twenty-five fifteen percent (2515%) as a commission on each booking up until the termination of the Agreement. c. Where the third party customer requests additional concierge services, the Vendor is required to pay to InstaComfort an additional ten percent (10%) commission on the booking. d. The Vendor shall pay the commission to InstaComfort in full, immediately upon clearing the funds acquired from the third-party customer for the services. If payment is not made, InstaComfort shall be entitled to charge interest on the outstanding amount at the rate of five percent [5%] of the Vendor’s charge for their services up until the outstanding amount is paid in full. e. If the Vendor remains in default of payment after twenty-one (21) days, InstaComfort will be entitled to bring legal proceedings against the Vendor to recover all monies and accrued interest due and owing to them.