Common use of Payment Clause in Contracts

Payment. 5.1. All payments due for the participation in the exhibition will be done in Euro only by bank transfer or Cash (according to Romanian law). The payment of the registration fee and the rental tariff will be done within the deadline mentioned in the proforma invoice, as follows: 50% of the total amount within 7 days from signing the application contract, the remaining 50% is to be paid in stages according to proforma invoices but no later than two weeks before the opening of the event. Any amounts arising from additional services will be paid within 2 days from the day of order placing, but no later than 2 days prior to the event opening. Additional services ordered during exhibition construction/ arrangement period will be acepted by the Organizer only after the Exhibitor proves the payment, and only whether the ordered materials are available at the date of their ordering. 5.2. Payments will be done in Euroexpo Fairs account ING BANK ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇, SWIFT ▇▇▇▇▇▇▇▇ or in cash. 5.3. The bank charges and commissions are on exhibitors expenses.