Common use of Payment terms Clause in Contracts

Payment terms. 4.3.1 All amounts will be set in euro. The amounts of Registration Fee and Annual User Fee do not include value added tax (VAT) which shall apply and shall be paid by the Company to CzMVO according to the relevant legal regulations. The Company shall be responsible for the payment of any withholding taxes, similar taxes, duties levies and such payments relating to the Fees payable hereunder. 4.3.2 An Invoice for the Annual User Fee will be issued in November of the year preceding the year for which the Annual User Fee is paid and the payment term is sixty (60) days from the date of the Invoice. 4.3.3 The Registration Fee is payable based on an Invoice issued by CzMVO within thirty (30) days of the conclusion hereof and the payment term is sixty (60) days from the date of the Invoice. 4.3.4 CzMVO will issue a Corrective Document on the day of the potential finding out of the right to a discount or the obligation to pay a surcharge by the Company. 4.3.5 In addition to any other rights and remedies available to CzMVO, if the Company is in delay of its substantial payment obligation, interest for delayed payments will accrue in accordance with the relevant legal regulations. 4.3.6 The Company’s invoicing details shall be communicated to CzMVO in writing upon the conclusion of this Agreement. Any changes shall be communicated to CzMVO in writing without undue delay. 4.3.7 If the Fees are paid by a third party on behalf of the Company, the Company shall in any case remain solely responsible and liable for the compliance with this Agreement, including the Directive and the Delegated Regulation. 4.3.8 All payments will be made either in euro or Czech crowns by wire transfers. For 4.3.8 Všechny platby budou provedeny v eurech nebo v korunách českých bezhotovostním převodem. Pro platby v českých korunách se použije oficiální směnný kurz EUR/CZK vyhlášený Českou národní bankou pro první den měsíce, ve kterém byla příslušná Faktura vystavena. 4.3.9 Jakákoliv platba podle této Dohody je provedena dnem připsání příslušné částky na bankovní účet CzMVO. 4.3.10 Smluvní strany sjednávají, že poskytnutí služby registrace do systému CzMVS a poskytování služeb dle této Smlouvy v průběhu kalendářního roku představují pro účely daně z přidané hodnoty dílčí plnění. Dílčí plnění se považují za uskutečněná dnem vystavení příslušné Faktury na Registrační poplatek nebo na Roční uživatelský poplatek.

Appears in 1 contract

Sources: Cooperation Agreement

Payment terms. 4.3.1 All amounts will be set in euro. The amounts of Registration Fee and Annual User Fee do not include value added tax (VAT) which shall apply and shall be paid by the Company to CzMVO according to the relevant legal regulations. The Company shall be responsible for the payment of any withholding taxes, similar taxes, duties levies and such payments relating to the Fees payable hereunder. 4.3.2 An Invoice for the Annual User Fee will be issued in November of the year preceding the year for which the Annual User Fee is paid and the payment term is sixty (60) days from the date of the Invoice. 4.3.3 The Registration Fee is payable based on an Invoice issued by CzMVO within thirty (30) days of the from conclusion hereof and the payment term is sixty (60) days from the date of the Invoice. 4.3.4 CzMVO will issue a Corrective Document on the day of the potential finding out of the right to a discount or the obligation to pay a surcharge by the Company. 4.3.5 In addition to any other rights and remedies available to CzMVO, if the Company is in delay of its substantial payment obligation, interest for delayed payments will accrue in accordance with the relevant legal regulations. 4.3.6 The Company’s invoicing details shall be communicated to CzMVO in writing upon the conclusion of this Agreement. Any changes shall be communicated to CzMVO in writing without undue delay. 4.3.7 If the Fees are paid by a third party on behalf of the Company, the Company shall in any case remain solely responsible and liable for the compliance with this Agreement, including the Directive and the Delegated Regulation. 4.3.8 All payments will be made either in euro or Czech crowns by wire transfers. For 4.3.8 Všechny platby budou provedeny v eurech nebo v korunách českých bezhotovostním převodem. Pro platby v českých korunách se použije oficiální směnný kurz For payments in Czech crowns, the official Czech National Bank’s EUR/CZK vyhlášený Českou národní bankou pro první den měsíce, ve kterém byla příslušná Faktura vystavenaexchange rate valid as at the first day of the month in which the respective Invoice has been issued shall be used. 4.3.9 Jakákoliv platba podle této Dohody je provedena dnem připsání příslušné částky na bankovní účet CzMVO. 4.3.10 Smluvní strany sjednávají, že poskytnutí služby registrace do systému CzMVS a poskytování služeb dle této Smlouvy v průběhu kalendářního roku představují pro účely daně z přidané hodnoty dílčí plnění. Dílčí plnění se považují za uskutečněná dnem vystavení příslušné Faktury na Registrační poplatek nebo na Roční uživatelský poplatek.

Appears in 1 contract

Sources: Cooperation Agreement