Fees- You will pay all fees specified in Terms of Service Agreements. Except as otherwise specified herein or in an Service Agreement, (i) fees are based on Services and Content purchased and not actual usage, (ii) payment obligations are non-cancelable and fees paid are non- refundable, and (iii) quantities purchased cannot be decreased during the relevant subscription term, unless otherwise agreed in writing.
Invoicing and Payment. You will provide us with valid and updated credit card information, or with a valid purchase order or alternative document reasonably acceptable to us. If you provide credit card information to us, you authorize (ANI or VCMP) to charge such credit card for all Purchased Services listed in the Service Agreement for the initial subscription term and any renewal subscription term(s) as set forth in Section (TBD) (Term of Purchased Subscriptions). Such charges shall be made in advance, either annually or in accordance with any different billing frequency stated in the applicable Service Agreement. If the Service Agreement specifies that payment will be by a method other than a credit card, we will invoice you in advance and otherwise in accordance with the relevant Service Agreement. Unless otherwise stated in the Service Agreement, invoiced charges are due net 30 days from the invoice date. You are responsible for providing complete and accurate billing and contact information to us and notifying us of any changes to such information.
Declined credit cards. In the event that the Issuer credit card is declined, Agent will charge a penalty of $99 each time the credit card is declined and request that the Issuer provide an updated valid credit card within 7 days. Failure to provide the updated credit card within 7 days of declined credit, Issuer will be subject to Section 2 and other remedies to reconcile debts.
Overdue Charges. If any invoiced amount is not received by Us by the due date, then without limiting Our rights or remedies, (a) those charges may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by law, whichever is lower, and/or (b) We may condition future subscription renewals and Service Agreements on payment terms shorter than those specified in Section 2.2 (Invoicing and Payment).
Suspension of Service and Acceleration. If any amount owing by you under this or any other agreement for our services is 30 or more days overdue (or 10 or more days overdue in the case of amounts you have authorized Us to charge to your credit card), we may, without limiting our other rights and remedies, accelerate your unpaid fee obligations under such agreements so that all such obligations become immediately due and payable, and suspend our services to you until such amounts are paid in full. We will give you at least 10 days’ prior notice that your account is overdue, in accordance with this Agreement, before suspending services to you.