Responsibility of Party A. ① In the event of overdue payment by Party A, Party B has the right to claim a penalty of 0.3‰ of the overdue payment. ② If the overdue payment by Party A exceeds 30 days, Party B has to the right to terminate this Contract. A penalty of 10% of annual Service Fee shall be paid by Party A.
Appears in 3 contracts
Sources: Contract of Mt4 Mt5 Software Platform Maintenance and Technology Licensing and Support Service (Agm Group Holdings, Inc.), Contract of Mt4 Mt5 Software Platform Maintenance and Technology Licensing and Support Service (Agm Group Holdings, Inc.), Contract of Mt4 Mt5 Software Platform Maintenance and Technology Licensing and Support Service (Agm Group Holdings, Inc.)