Common use of CHARGES, INVOICING AND PAYMENT Clause in Contracts

CHARGES, INVOICING AND PAYMENT. 5.1 The Client shall pay ADTRAN the charges set out in the Registration Form, if applicable, or as otherwise contemplated for provision of the Services (the “Charges”). If the Registration Form is received prior to receipt and review by ADTRAN of all applicable specifications, documents and/or information requested from Clients, Charges are subject to revision once missing information is received. Charges are contingent upon receiving accurate and timely information from Client in response to inquiries by ADTRAN. 5.2 The Charges are expressed exclusive of any applicable taxes. The Client shall pay any applicable taxes on the Charges at the rate and in the manner prescribed by law, on the issue by ADTRAN of a valid invoice. 5.3 The Client agrees that it will reimburse ADTRAN for any expenses incurred by ADTRAN relating to the provision of the Services and is wholly responsible for any freight or customs clearance fees, if applicable, relating to any testing samples. 5.4 The Charges represent the total fees to be paid by the Client for the Services pursuant to this Agreement. Any additional work performed by ADTRAN will be charged on a time and material basis. 5.5 Services are offered for annual 12-month terms, payable in advance. Client agrees to pay each invoice within thirty (30) days following the delivery thereof. 5.6 If any invoice is not paid on the due date for payment, ADTRAN shall have the right to charge, and the Client shall pay, reasonable collection costs and interest on the unpaid amount, calculated from the due date of the invoice to the date of receipt of the amount in full at a rate equivalent to 3% per cent per annum above the base rate from time to time of HSBC Bank in the relevant currency.

CHARGES, INVOICING AND PAYMENT. 5.1 The Client shall pay ADTRAN Adtran the charges set out in the Registration Form, if applicable, or as otherwise contemplated for provision of the Services (the “Charges”). If the Registration Form is received prior to receipt and review by ADTRAN Adtran of all applicable specifications, documents and/or information requested from Clients, Charges are subject to revision once missing information is received. Charges are contingent upon receiving accurate and timely information from Client in response to inquiries by ADTRANAdtran. 5.2 The Charges are expressed exclusive of any applicable taxes. The Client shall pay any applicable taxes on the Charges at the rate and in the manner prescribed by law, on the issue by ADTRAN Adtran of a valid invoice. 5.3 The Client agrees that it will reimburse ADTRAN Adtran for any expenses incurred by ADTRAN Adtran relating to the provision of the Services and is wholly responsible for any freight or customs clearance fees, if applicable, relating to any testing samples. 5.4 The Charges represent the total fees to be paid by the Client for the Services pursuant to this Agreement. Any additional work performed by ADTRAN Adtran will be charged on a time and material basis. 5.5 Services are offered for annual 12-12- month terms, payable in advance. Client agrees to pay each invoice within thirty (30) days following the delivery thereof. 5.6 If any invoice is not paid on the due date for payment, ADTRAN Adtran shall have the right to charge, and the Client shall pay, reasonable collection costs and interest on the unpaid amount, calculated from the due date of the invoice to the date of receipt of the amount in full at a rate equivalent to 3% per cent per annum above the base rate from time to time of HSBC Bank in the relevant currency.

CHARGES, INVOICING AND PAYMENT. ‌ 5.1 The Client shall pay ADTRAN Intertek the charges set out in the Registration FormProposal, if applicable, or as otherwise contemplated for provision of the Services (the “Charges”). If the Registration Form is received prior to receipt and review by ADTRAN of all applicable specifications, documents and/or information requested from Clients, Charges are subject to revision once missing information is received. Charges are contingent upon receiving accurate and timely information from Client in response to inquiries by ADTRAN. 5.2 The Charges are expressed exclusive of any applicable taxes. The Client shall pay any applicable taxes on the Charges at the rate and in the manner prescribed by law, on the issue by ADTRAN Intertek of a valid invoice. 5.3 The Client agrees that it will reimburse ADTRAN Intertek for any expenses incurred by ADTRAN Intertek relating to the provision of the Services and is wholly responsible for any freight or customs clearance fees, if applicable, fees relating to any testing samples. 5.4 The Charges represent the total fees to be paid by the Client for the Services pursuant to this Agreement. Any additional work performed by ADTRAN Intertek will be charged on a time and material basis.basis.‌ 5.5 Services are offered Intertek shall invoice the Client for annual 12-month termsthe Charges and expenses, payable if any. Unless a shorter period is established in advance. the invoice, the Client agrees to shall pay each invoice within thirty (30) days following the delivery thereofof receiving it. 5.6 If any invoice is not paid on the due date for payment, ADTRAN Intertek shall have the right to charge, and the Client shall pay, reasonable collection costs and interest on the unpaid amount, calculated from the due date of the invoice to the date of receipt of the amount in full at a rate equivalent to 3% per cent per annum above the base rate from time to time of HSBC Bank in the relevant currency.