Common use of User Payments Clause in Contracts

User Payments. Users shall make payments to RGX as follows: (a) Access Fees; and (b) Transaction Fees (collectively, "User Payments"). ALL USER PAYMENTS, ONCE PAID, ARE NON- REFUNDABLE AND THERE IS NO WAIVER OR REFUND BECAUSE OF LACK OF USE, TERMINATION OR SUSPENSION OF THIS AGREEMENT OR THE PLATFORM, MODIFICATION OF THIS AGREEMENT OR THE TERMS, DISSATISFACTION, OR ANY OTHER REASON. User Payments must be made as and when they are due, and if not timely paid, (w) will incur interest at the lesser of 1.5% per month or the maximum rate permitted by Law from the date such amount was due until paid in full, (x) User will be unable to place Jobs or Bids; and (y) if the delinquent User Payments are not paid in full within 10 days after the date they are due, RGX reserves the right to terminate the User’s Account. User Payments are obligations independent of other provisions of this Agreement and are enforceable by specific performance.

Appears in 2 contracts

Sources: Terms of Service Agreement, Terms of Service Agreement