Common use of Financial Terms Clause in Contracts

Financial Terms. Fees and payment terms are specified in the applicable Order. Except as otherwise expressly specified in the Order: (i) all recurring payment obligations start from the receipt of the Order; (ii) when the Order is placed directly with Forcepoint fees must be paid within 30 days after the invoice date; (iii) upon the expiration of each Subscription Term, the Subscription Fees will be Forcepoint’s then-current commercial list price for such Products; and (iv) interest accrues on past due balances at the highest rate allowed by law. Failure to make timely payments is a material breach of the Agreement and Forcepoint will be entitled to suspend any or all of its performance obligations hereunder in accordance with the provisions of Section 12 and to modify the payment terms, including requiring full payment before Forcepoint performs any obligations in this Agreement. Subscriber will reimburse Forcepoint for any expenses incurred, including interest and reasonable attorney fees, in collecting amounts due to Forcepoint hereunder that are not under good faith dispute by Subscriber. Amounts paid or payable for Products are not contingent upon the performance of any consulting or other professional services. Forcepoint’s reasonable travel and lodging expenses incurred in the performance of services on Subscriber’s site will be billed separately at actual cost. Subscriber is responsible for payment of all taxes (excluding those on Forcepoint's net income) arising out of this Agreement, except to the extent a valid tax exemption certificate or other written documentation acceptable to Forcepoint to evidence Subscriber’s tax exemption status is provided by Subscriber to Forcepoint prior to the delivery of Products or services.

Appears in 6 contracts

Samples: Forcepoint Subscription Agreement, Forcepoint Subscription Agreement, Forcepoint License Agreement

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Financial Terms. Fees and payment terms are specified in the applicable Order. Except as otherwise expressly specified in the Order: (i) all recurring payment obligations start from the receipt of the Order; (ii) when the Order is placed directly with Forcepoint fees must be paid within 30 days after the invoice date; (iii) upon the expiration of each Subscription Maintenance Term, the Subscription Maintenance Fees will be Forcepoint’s then-current commercial list price for such Products; and (iv) interest accrues on past due balances at the highest rate allowed by law. Failure to make timely payments is a material breach of the Agreement and Forcepoint will be entitled to suspend any or all of its performance obligations hereunder in accordance with the provisions of Section 12 10 and to modify the payment terms, including requiring full payment before Forcepoint performs any obligations in this Agreement. Subscriber Licensee will reimburse Forcepoint for any expenses incurred, including interest and reasonable attorney fees, in collecting amounts due to Forcepoint hereunder that are not under good faith dispute by SubscriberLicensee. Amounts paid or payable for Products are not contingent upon the performance of any consulting or other professional services. Forcepoint’s reasonable travel and lodging expenses incurred in the performance of services on SubscriberLicensee’s site will be billed separately at actual cost. Subscriber Licensee is responsible for payment of all taxes (excluding those on Forcepoint's net income) arising out of this Agreement, except to the extent a valid tax exemption certificate or other written documentation acceptable to Forcepoint to evidence SubscriberLicensee’s tax exemption status is provided by Subscriber Licensee to Forcepoint prior to the delivery of Products or services.

Appears in 3 contracts

Samples: License Agreement, End User License Agreement, End User License Agreement

Financial Terms. This Section applies if Licensee has placed an Order directly with Forcepoint: Fees and payment terms are specified in the applicable Order. Except as otherwise expressly specified in the Order: (i) , all recurring payment obligations start from the receipt execution of the Order; (ii) when . Forcepoint may increase recurring fees at any time upon 60 days written notice. Unless otherwise specified in the Order Order, payment of all fees is placed directly with Forcepoint fees must be paid within due 30 days after the invoice date; (iii) upon the expiration of each Subscription Term, the Subscription Fees will be Forcepoint’s then-current commercial list price for such Products; and (iv) interest . Interest accrues on past due balances at the lesser of 1½% per month or the highest rate allowed by law. Failure to make timely payments is a material breach of the Agreement and Forcepoint will be entitled to suspend any or all of its performance obligations hereunder in accordance with the provisions of Section 12 and to modify the payment terms, including requiring full payment before Forcepoint performs any obligations in this Agreement. Subscriber Licensee will reimburse Forcepoint for any expenses incurred, including interest and reasonable attorney fees, in collecting amounts due to Forcepoint hereunder that are not under good faith dispute by SubscriberLicensee. Amounts paid or payable for Products are not contingent upon the performance of any consulting or other professional services. Forcepoint’s reasonable travel and lodging expenses incurred by Forcepoint in the performance of services on SubscriberLicensee’s site will be billed separately at actual cost. Subscriber Licensee is responsible for payment of all taxes (excluding those on Forcepoint's net income) arising out of this Agreement, except to the extent a valid tax exemption certificate or other written documentation acceptable to Forcepoint to evidence SubscriberLicensee’s tax exemption status is provided by Subscriber Licensee to Forcepoint prior to the delivery of Products or services.

Appears in 1 contract

Samples: License Agreement

Financial Terms. This Section applies if Subscriber has placed an Order directly with Forcepoint: Fees and payment terms are specified in the applicable Order. Except as otherwise expressly specified in the Order: (i) , all recurring payment obligations start from the receipt execution of the Order; (ii) when . Forcepoint may increase recurring fees at any time upon 60 days' written notice. Unless otherwise specified in the Order Order, payment of all fees is placed directly with Forcepoint fees must be paid within due 30 days after the invoice date; (iii) upon the expiration of each Subscription Term, the Subscription Fees will be Forcepoint’s then-current commercial list price for such Products; and (iv) interest . Interest accrues on past due balances at the lesser of 1½% per month or the highest rate allowed by law. Failure to make timely payments is a material breach of the Agreement and Forcepoint will be entitled to suspend any or all of its performance obligations hereunder in accordance with the provisions of Section 12 and to modify the payment terms, including requiring full payment before Forcepoint performs any obligations in this Agreement. Subscriber will reimburse Forcepoint for any expenses incurred, including interest and reasonable attorney fees, in collecting amounts due to Forcepoint hereunder that are not under good faith dispute by Subscriber. Amounts paid or payable for Products are not contingent upon the performance of any consulting or other professional services. Forcepoint’s reasonable travel and lodging expenses incurred by Forcepoint in the performance of services on Subscriber’s site will be billed separately at actual cost. Subscriber is responsible for payment of all taxes (excluding those on Forcepoint's net income) arising out of this Agreement, except to the extent a valid tax exemption certificate or other written documentation acceptable to Forcepoint to evidence Subscriber’s tax exemption status is provided by Subscriber to Forcepoint prior to the delivery of Products or services.

Appears in 1 contract

Samples: broadleafgroup.com

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Financial Terms. Fees and payment terms are specified in the applicable Order. Except as otherwise expressly specified in the Order: (i) all recurring payment obligations start from the receipt of the Order; (ii) when the Order is placed directly with Forcepoint fees must be paid within 30 days after the invoice date; (iii) upon the expiration of each Subscription Maintenance Term, the Subscription Maintenance Fees will be Forcepoint’s then-current commercial list price for such Products; and (iv) interest accrues on past due balances at the highest rate allowed by law. Failure to make timely payments is a material breach of the Agreement and Forcepoint will be entitled to suspend any or all of its performance obligations hereunder in accordance with the provisions of Section 12 and to modify the payment terms, including requiring full payment before Forcepoint performs any obligations in this Agreement. Subscriber Licensee will reimburse Forcepoint for any expenses incurred, including interest and reasonable attorney fees, in collecting amounts due to Forcepoint hereunder that are not under good faith dispute by SubscriberLicensee. Amounts paid or payable for Products are not contingent upon the performance of any consulting or other professional services. Forcepoint’s reasonable travel and lodging expenses incurred in the performance of services on SubscriberLicensee’s site will be billed separately at actual cost. Subscriber Licensee is responsible for payment of all taxes (excluding those on Forcepoint's net income) arising out of this Agreement, except to the extent a valid tax exemption certificate or other written documentation acceptable to Forcepoint to evidence SubscriberLicensee’s tax exemption status is provided by Subscriber Licensee to Forcepoint prior to the delivery of Products or services.

Appears in 1 contract

Samples: Forcepoint License Agreement

Financial Terms. This Section applies if Licensee has placed an Order directly with Forcepoint: Fees and payment terms are specified in the applicable Order. Except as otherwise expressly specified in the Order: (i) , all recurring payment obligations start from the receipt execution of the Order; (ii) when . Forcepoint may increase recurring fees at any time upon 60 days written notice. Unless otherwise specified in the Order Order, payment of all fees is placed directly with Forcepoint fees must be paid within due 30 days after the invoice date; (iii) upon the expiration of each Subscription Term, the Subscription Fees will be Forcepoint’s then-current commercial list price for such Products; and (iv) interest . Interest accrues on past due balances at the lesser of 1½% per month or the highest rate allowed by law. Failure to make timely payments is a material breach of the Agreement and Forcepoint will be entitled to suspend any or all of its performance obligations hereunder in accordance with the provisions of Section 12 10 and to modify the payment terms, including requiring full payment before Forcepoint performs any obligations in this Agreement. Subscriber Licensee will reimburse Forcepoint for any expenses incurred, including interest and reasonable attorney fees, in collecting amounts due to Forcepoint hereunder that are not under good faith dispute by SubscriberLicensee. Amounts paid or payable for Products are Software is not contingent upon the performance of any consulting or other professional services. Forcepoint’s reasonable travel and lodging expenses incurred by Forcepoint in the performance of services on SubscriberLicensee’s site will be billed separately at actual cost. Subscriber Licensee is responsible for payment of all taxes (excluding those on Forcepoint's net income) arising out of this Agreement, except to the extent a valid tax exemption certificate or other written documentation acceptable to Forcepoint to evidence SubscriberLicensee’s tax exemption status is provided by Subscriber Licensee to Forcepoint prior to the delivery of Products Software or services.

Appears in 1 contract

Samples: License Agreement

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