Payment Terms
1. Dispute
If the Client disputes any Services supplied by the the Company (Property Pursuit), the Client must notify their reasons in writing to the Company within 14 days of the Invoice date, failing which the Client loses any right to dispute the quality of the Services.
2. Payment
2.1 The Client agrees to pay all amounts due in clear funds by the due date of invoice for the Services provided by the Company.
2.3 The Customer agrees that if it fails to pay in accordance with this clause, the Company may:
2.3.1 Charge a late payment fee of $50.00 on all amounts paid after the due date;
2.3.2 Recover all collection and legal costs and expenses incurred in collecting overdue accounts.
2.4 Failure to comply with clause 2.1 will constitute a breach of contract and the Company may treat the whole Agreement as repudiated and act accordingly.
2.5 In the event this agreement has been entered into by more than one party each party shall be jointly and severely liable for any amount due.
3. Default
3.1 If the Client:
3.1.1 Fails to pay for any Services on the due date; or
3.1.2 Otherwise breached this agreement and failed to rectify such breach within seven day’s notice; or
3.2 The Client will be in default if the Client does not pay any monies payable when called upon so to do and the Client acknowledges and agrees that the Client is authorised to contact a credit reporting agency throughout the term of the Agreement to obtain a report about the creditworthiness of the Client.
3.3 The Client authorises the Company to engage in the exchange of information with a credit reporting agency or with other such parties as are necessary to give effect to the contract and to the ongoing relationship between the parties hereto.
3.4 The Company reserves the right to report a Client’s delinquent account to a credit reporting agency should payment remain outstanding for more than 30 days.
3.5 The Company may refer any outstanding account for debt collection or issue legal proceedings to recover any outstanding invoices. Should an account be referred for debt collection the Client acknowledges and agrees to pay debt collection charges to be calculated at not less than 20% plus GST and will be incurred on the day the Company refers the matter to their nominated debt collection agency. The Client shall also be liable for interest and all legal recovery costs associated with such action on a solicitor and own Client or indemnity cost basis.
