Common use of Valid Service Contract Clause in Contracts

Valid Service Contract. DNF must have received payment for Support within the time limit set on your invoice noted as of the “Due Date.” Customer shall pay an additional fee of 3% late payment fee per month for invoices not paid within such period. If support is not renewed prior to the warranty expiration date, a $200 reinstatement fee will be charged and warranty charges must be backdated to the expiration. If support is not renewed within six months after the expiration date, a re-certification fee of $500 will be charged in addition to backdated warranty coverage charges and a compounded late payment fee. Any components that fail during any lapse in service coverage must be replaced at the sole cost of the customer before warranty coverage can be extended. The systems are subject to re-evaluation for service maintenance six months past the expiration date. If you are currently not entitled to support, then you should submit a valid credit card number to purchase the appropriate support for the covered product.

Appears in 2 contracts

Sources: Service Agreement, Service Agreement