Payment Terms: Difference between revisions
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== Payment Terms == | == Payment Terms == | ||
* '''Invoice Due Dates''': All invoices are due and payable within | * '''Invoice Due Dates''': All invoices are due and payable within 5 days of the invoice date unless otherwise agreed upon in writing. | ||
* '''Late Invoice Fee''': A late fee of $15 will be applied to any invoice that remains unpaid | * '''Late Invoice Fee''': A late fee of $15 will be applied to any invoice that remains unpaid 5 days after its due date. | ||
* '''Suspension of Services''': If an invoice remains unpaid for | * '''Suspension of Services''': If an invoice remains unpaid for 7 days after its due date, we reserve the right to suspend the provision of services until the outstanding balance is paid in full. | ||
== Suspension and Termination of Contracts == | == Suspension and Termination of Contracts == | ||
* '''Suspension for Non-Payment''': In addition to the late fee, services may be suspended if an invoice remains unpaid | * '''Suspension for Non-Payment''': In addition to the late fee, services may be suspended if an invoice remains unpaid 5 days after its due date. We will provide written mail, email, call or SMS notice of the suspension and the outstanding amount owed. | ||
* '''Reconnection Fee''': If services are suspended due to non-payment, a reconnection fee of $150 will be required to reactivate the services once all outstanding balances, including any late fees, are paid in full. | * '''Reconnection Fee''': If services are suspended due to non-payment, a reconnection fee of $150 will be required to reactivate the services once all outstanding balances, including any late fees, are paid in full. | ||
* '''Termination for Breach''': We may terminate the contract if there is a breach of these Terms, including but not limited to, failure to pay outstanding invoices, unauthorized use of our services, or violation of our intellectual property rights. | * '''Termination for Breach''': We may terminate the contract if there is a breach of these Terms, including but not limited to, failure to pay outstanding invoices, unauthorized use of our services, or violation of our intellectual property rights. | ||
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