Common use of Completion of Work and Payment Clause in Contracts

Completion of Work and Payment. a. All goods and services shall be paid in full upon completion. Any credit terms agreed with the Company shall be in advance during booking process or later authorisation. b. Work shall be deemed complete when the Customer is so advised by the Company. The Customer will pay the Company for all work and goods supplied, including any storage charges before any vehicle may be removed from the Company premises. c. If a vehicle is not collected by the Customer within 7 days of the Customer being advised that Work is completed the Company will charge storage at its current rates. The Company may sell the vehicle if the Customer fails to pay any monies due to the Company and collect the vehicle within 3 months of being notified that the Work has been completed and of the Company’s intention to proceed to sell it. d. Interest shall accrue from the date of the invoice until settlement or judgement, at the rate of 8 per cent over the Bank of England Bank base rate. e. The Company is entitled to recover from the Customer all admin, collection and legal costs incurred, in recovering overdue amounts, or other sums arising from the debt.

Completion of Work and Payment. a. All goods and services shall be paid for upon delivery or in full upon completion. Any accordance with any credit terms agreed with the Company shall be in advance during booking process or later authorisationadvance. b. Work shall be deemed complete when the Customer is so advised by the Company. The Customer will pay the Company for all work done and goods supplied, including Goods supplied as well as any storage charges before any vehicle may be removed from the Company Company’s premises. c. If a vehicle is not collected by the Customer within 7 days of the Customer being advised that Work is completed the Company will charge storage at its current rates. The Company may sell the vehicle if the Customer fails to pay any monies due to the Company and collect the vehicle within 3 months of being notified that the Work has been completed and of the Company’s intention to proceed to sell it. d. Interest shall accrue from the date of the invoice until settlement or judgement, at the rate of 8 per cent over the Bank of England Bank base rate. e. The Company is shall be entitled to recover from the Customer Customer, all adminadministrative, collection and legal costs incurredincurred by it, in recovering overdue amounts, or amounts and any other sums arising from sum connected with the debt.