CHARGES AND PAYMENT

8.1 The Customer shall pay the Subscription Fees and Additional Services Fees (if any) to the Supplier in accordance with this clause 8 and the Order Form.

8.2 The Customer shall on or prior to the Effective Date provide to the Supplier valid, up-to-date and complete contact, payment and/or billing details and, if the Customer provides:

(a) its credit or debit card details to the Supplier, the Customer hereby authorises the Supplier to bill such credit card:

(i) on the Effective Date for the Subscription Fees and Additional Services Fees, as applicable, payable in respect of the Initial Subscription Term; and

(ii) subject to clause 13 (earlier termination), on each (monthly or annual, as applicable) anniversary of the Effective Date for the Subscription Fees payable in respect of the next Renewal Period;

(b) its approved purchase order information to the Supplier, the Supplier shall invoice the Customer:

(i) on the Effective Date for the Subscription Fees and Additional Services Fees, as applicable, payable in respect of the Initial Subscription Term; and

(ii) subject to clause 13 (earlier termination), prior to or on each (monthly or annual, as applicable) anniversary of the Effective Date for the Subscription Fees payable in respect of the next Renewal Period, and the Customer shall pay each invoice within 30 days after the date of such invoice.

8.3 If the Supplier has not received payment within 14 days after the due date, and without prejudice to any other rights and remedies of the Supplier:

(a) the Supplier may, without liability to the Customer, disable the Customer’s password, account and access to all or part of the Services and the Supplier shall be under no obligation to provide any or all of the Services while the invoice(s) concerned remain unpaid; and

(b) interest shall accrue on a daily basis on such due amounts at an annual rate equal to 3% over the then current base lending rate of Barclay’s Bank from time to time, commencing on the due date and continuing until fully paid, whether before or after judgment.

8.4 All amounts and fees stated or referred to in this agreement:

(a) shall be payable in pounds sterling;

(b) are, subject to the 30 day guarantee provided at clause 13.1(b), non-cancellable and non-refundable;

(c) are exclusive of value added tax, which shall be added at the appropriate rate.

8.5 The Supplier shall be entitled to increase the Subscription Fees at the start of each Renewal Period upon prior written notice to the Customer and this agreement shall be deemed to have been amended accordingly, save that fees cannot be increased more than once in any twelve-month period.