Common use of Set-Up Fees Clause in Contracts

Set-Up Fees. Any fee in order to fulfil a deployment is set out in the service agreement. The set-up fee will be invoiced on acceptance of these terms and conditions, payment being due within 14 days of the effective delivery date. This charge is not payable in the case of a line upgrade, and is only for the initial installation. In the event that the link is installed but The Customer is not ready to connect its equipment to it, invoicing will start from the date that the circuit is installed. Accounts in default will be charged interest on the outstanding balance on a daily basis, at the prevailing prime lending rate advertised by eNetworks’ bank, from the date of invoice until the date of payment. Company Registration number: 2013/183185/07 • Directors: ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ eNetworks reserves the right to interrupt service to the customer in the event of any default of payment. Such interruption does not relieve The Customer from paying any amount overdue and payable under this clause. eNetworks reserves the right to announce price increases or decreases that will take effect when an agreement is renewed. eNetworks will provide such notices in writing at least 2 (two) months prior to this agreement reaching its expiry date.