Payment Policy

PAYMENT

 

1. Charges and payment



1.1 In consideration of the provision of the Services by the Organiser, the Client shall pay the Total Event Cost as set out in the Confirmation Form.



1.1 Any fees payable under this Agreement by the Client are exclusive of applicable taxes (including GST) which the Organiser shall add to its invoices at the appropriate rate.



1.2 The fees payable under this Agreement are payable: (a) [90]% as advance deposit and (b) the balance [10]% within [5] business days of the Event. The Client shall pay each invoice submitted to it by the Organiser, in full and in cleared funds to a bank account as set out in our invoice. [NOTE: PLEASE CONFIRM PAYMENT TERMS].



1.3 Without prejudice to any other right or remedy that the Organiser may have, if the Client fails to pay the Organiser as set out in clause 3.2 above, then the Organiser shall be entitled to:



(a) interest on the overdue amount at the rate of 2.5% per month. Such interest shall accrue on a daily basis from the due date until actual payment of the overdue amount, whether before or after judgment. The Client shall pay the interest together with the overdue amount; and



(b) the Organiser may, at its discretion, suspend all Services until such payment has been made in full.



1.4 All sums payable to the Organiser under this Agreement shall become due immediately on termination of this Agreement, whether in accordance with clause 8or otherwise. This clause 3.4is without prejudice to any right to claim for interest under the law, or any such right under this Agreement.



1.5 All amounts due under this Agreement shall be paid in full without any set-off, counterclaim, deduction or withholding (other than any deduction or withholding of tax as required by law). If a deduction is expected in relation to withholding tax, the Client shall pay an amount such that the Organiser receives the actual amount intended and agreed to be the Total Event Cost.

[NOTE: This is applicable for cross-border payments, where a withholding tax may be applicable and the Client may try to pass on that cost to you. This is a negotiable point, so expect some pushback.]