The Client agrees to settle all
invoices no later than the due dates specified on such invoices.
Where the Client fails to settle within such terms, the Client
agrees to forfeit any discounts documented on such invoices. The
Client further agrees to pay interest on the total outstanding
balance. See INTEREST.
The Client further agrees to totally indemnify the Company for
any additional and third party expenditure or costs, howsoever
caused, in the recovery of any amount due from the Client to
the Company.
Where the Company accepts a cheque payment from the Client,
and the cheque does not clear, the cheque will be deemed to be
uncleared by the Company and the Client agrees to pay the Company £50.00
for the initial and each subsequent presentation of the cheque
until the cheque is either cleared or a stop is placed on the
cheque by the Client.
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