Payment Terms and Conditions

Charges as per contract

1.1 Netstar shall invoice the Client by the end of each month for the Services performed during that month. The Client shall pay each invoice within 30 days of receipt to a bank account nominated in writing by Netstar from time to time.

1.2 Netstar shall be entitled to suspend all or part of the Services until payment has been made in full. Such rights to suspend is without prejudice to any other right or remedy that Netstar may have, including but not limited to any pre-existing rights and if subsequently requested to resume servicing of the equipment Netstar may at its option request that the equipment be fully overhauled at the Client’s expense before recommencing maintenance under this or any subsequent Contract.

1.3 The Client shall pay interest on any overdue amounts from the due date until payment of the overdue amount, whether before or after judgement. Interest under this clause will accrue each day at 8 percent per year above Barclays Bank base rate from time to time, but at 8 percent a year for any period when that base rate is below 0%.

 

1-30 days overdue 1st Reminder

You will be forwarded a statement with all outstanding invoices allowing you a further 7 days to make full payment without any penalties.

 

31-60 Days Overdue 2nd reminder

We will forward a further statement and allow 7 days for payment before we add interest on any overdue amounts at 8 percent above Barclays Bank Base Rate per month until payment received.

 

61-90 Overdue 3rd Reminder

Interest will accrue until the outstanding balance is settled in full, if not settled a first notice of suspension will be sent.

 

90+ Final Reminder

If your invoice goes over 90 days we will give you a final notice before suspension of your services. This allows you to make full payment within 7 days. If no payment is received your services will be suspended until further notice.