Kodak’s Remedies for Non-Payment Sample Clauses

The "Kodak’s Remedies for Non-Payment" clause defines the actions Kodak may take if a customer fails to pay amounts owed under the agreement. Typically, this clause outlines steps such as charging late fees, suspending services, or even terminating the contract if payment is not received within a specified period after notice. Its core practical function is to protect Kodak’s financial interests by providing clear consequences for non-payment, thereby encouraging timely payment and offering recourse if obligations are not met.
Kodak’s Remedies for Non-Payment. In addition to any rights that Kodak may have under law, equity or this Agreement, failure of Customer to comply with this condition 22 shall be deemed a material breach of this Agreement and may result in Kodak (a) disabling the Financed Products, (b) terminating any software license agreement relating to the Financed Products, (c) charging a rental fee and/or interest in accordance with Kodak’s then current policies and procedures, (d) suspending or terminating services, (e) repossessing the Financed Products and (f) at Kodak’s option, taking an assignment of the financing documents from the Financing Company in order to exercise rights thereunder against Customer.
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Related to Kodak’s Remedies for Non-Payment

  • Remedies for Non-Compliance The Recipient agrees that if FTA determines that the Recipient or a Third Party Participant receiving federal assistance under 49 U.S.C. chapter 53 is not in compliance with 49 CFR Part 655, the Federal Transit Administrator may bar that Recipient or Third Party Participant from receiving all or a portion of the federal transit assistance for public transportation it would otherwise receive.

  • Remedies for Noncompliance Failure to comply with any part of this Section is a material breach of this Agreement. Engineer could immediately, and without notice, have all compensation withheld or suspended, be suspended from providing further Services, or be terminated from this Agreement for any lapse in coverage or material change in coverage which causes Engineer to be in noncompliance with the requirements of this Section.

  • REMEDIES NON-EXCLUSIVE ‌ The remedies provided in this Contract are not exclusive but are in addition to all other remedies available under law.