Common use of Default in Payment Obligations Clause in Contracts

Default in Payment Obligations. In addition to all other remedies available to ▇▇▇▇▇▇ in the event of a Client default for payment, if Client fails to timely make payments (unless they are the subject of a good faith dispute lasting not more than [***]) as required hereunder, any prepayments or other amounts owed to or held for Client hereunder shall be automatically applied to invoices more than [***] past due and ▇▇▇▇▇▇ may refuse to accept future Purchase Orders or to Produce or deliver any Client Product until Client’s account is paid in full, and/or the foregoing terms of payment are modified by mutual written agreement of the parties. ▇▇▇▇▇▇ shall not be required to return any Client equipment or other property until Client has paid all outstanding invoices (not including invoices that are subject to a good faith dispute during the [***] described above).