PAYMENT OF APPLICABLE FEES Clause Samples
The "Payment of Applicable Fees" clause establishes the obligation of one party to pay all fees that are due under the agreement. It typically outlines when payments must be made, the types of fees covered (such as service charges, licensing fees, or other costs), and may specify acceptable payment methods or consequences for late payment. This clause ensures that both parties are clear about financial responsibilities, helping to prevent disputes over unpaid amounts and ensuring the smooth continuation of services or deliverables.
PAYMENT OF APPLICABLE FEES. Developer is responsible for paying Project construction costs of all applicable permit fees and licenses which have not been lawfully waived to the City and all governmental agencies.
PAYMENT OF APPLICABLE FEES. 7.1. Customer agrees to pay Inter8 the applicable Service Fee and Support Fee (“the Charges”), as specified in the Offer Letter.
7.2. Customer shall reimburse Inter8 for all out-of-pocket cost relating to the Support. This includes hotel, travelling and all other out of pocket expenses reasonably and properly incurred by Inter8.
7.3. The Charges will be invoiced by Inter8 once a month. Service fees and Support fees for using the CloudBilling service will be billed monthly upfront. Customer will pay the Inter8 invoices promptly in accordance with the terms on the invoice, without claiming any rights of set-off, transfer cost, or counterclaim. Inter8 will be entitled to charge Customer a default interest rate in case of late payment at a rate of the trade statutory interest.
7.4. All payments made between Customer and Inter8 are subject to prevailing tax laws & regulations in The Netherlands.
7.5. Associated charges for any (financial) transfer are at all times at Customers expense. Inter8 will be entitled to adjust the applicable prices and rates. Inter8 will in any event have such right to adjust prices. Price adjustments can be the result of when the price increase is the result of one of the following factors like, but not limited to: i) increase of taxes or other levies and/or government rights, ii) changing exchange rates, iii) increase of wages, transport costs, supplier purchase prices and/or purchase prices, etc., iv) inflation, v) increase of product functionality. Price changes will normally occur annually and will become effective as per January 1st of each year. Inter8 will provide written notice of such changes as part of its invoicing process.
PAYMENT OF APPLICABLE FEES. Administrative Agent shall have received from Borrower immediately available funds in the amount of all fees required to be paid on the Second Amendment Effective Date under the terms of the Fee Letter.
PAYMENT OF APPLICABLE FEES. 7.1. Customer agrees to pay Samurai the applicable Service Fee (“the Charges”), as specified in the License Agreement.
7.2. The Charges will be invoiced by Samurai once a month. Service fees will be billed monthly upfront. Customer will pay the Samurai invoices promptly in accordance with the terms on the invoice, without claiming any rights of set-off, transfer cost, or counterclaim. Samurai will be entitled to charge Customer a default interest rate in case of late payment at a rate of the trade statutory interest.
7.3. All payments made between Customer and Samurai are subject to prevailing tax laws & regulations in The Netherlands.
7.4. Associated charges for any (financial) transfer are at all times at Customers expense.
7.5. Samurai will be entitled to adjust the applicable prices and rates, at any time. Price changes will normally occur annually and will become effective as per January 1st of each year. Samurai will provide written notice of such changes as part of its invoicing process.