Common use of Payment Clause in Contracts

Payment. Fees are specified in the offer and are due within 14 days of invoicing. Unless otherwise specified in the offer, services provided by A-Trust will be invoiced according to the actual costs incurred. Fees are stated in euros and exclude taxes, fees and public charges. The payment of any fees, charges and taxes in connection with the service relationship is the responsibility of the customer. Transportation costs and packaging will be invoiced separately. Fees for continuing obligations are adjusted once a year in line with the increase in the CPI 2015. One-off fees are invoiced after the respective service has been provided, ongoing fees are invoiced monthly or annually in advance. In the event of late payment, statutory default interest of 9.2% above the prime rate of the European Central Bank shall be charged. In this case, A-Trust is entitled to demand a lump sum of EUR 40 from the customer as compensation for any collection costs, whereby A-Trust reserves the right to claim further damages. Qualified default of payment by the customer entitles A-Trust to withdraw from all agreements concluded with the customer, to suspend or withhold its services and to demand payment for all services already rendered. The customer may only offset undisputed or legally established claims against claims of A-Trust. Travel times of A-Trust employees are considered working time and are charged according to time and effort. The agreed hourly rate shall apply.