4. Payment of Charges, VAT & Withholding Taxes

4.1 In consideration of Adstream’s performance of its obligations under these Conditions, the Customer shall pay the Charges as set out in accordance with the Order Form or agreed between the parties in writing.

4.2 The Customer shall pay all Charges properly due and invoiced by Adstream in cleared funds within 15 calendar days or such other time period specified in the Order Form.

4.3 In the event that the Customer is obliged by any properly constituted authority to deduct any form of withholding tax, surcharge or duty, the Customer agrees and undertakes to gross up any Charges due to Adstream so that the amount paid to Adstream is the amount set out on the applicable invoice.

4.4 Adstream shall add VAT to the Charges at the prevailing rate as applicable which shall be payable by the Customer.

4.5 Failure to pay fees when due shall be a material breach of these Conditions which entitles Adstream to suspend or terminate (pursuant to clause 10.4 of these Conditions). This, in turn, will affect the Customer’s access to the Services. Fees remain chargeable at Adstream’s standard rates during the suspension. If Adstream terminates these Conditions for the Customer’s material breach, Adstream will require the Customer to pay, without delay, all fees and costs accruing before the termination date, all unpaid subscriptions and any other amounts due to Adstream by the Customer under these Conditions.

4.6 If the Customer fails to pay any amount due under these Conditions, Adstream may charge the Customer interest on the overdue amount, payable by the Customer on demand, from the due date up to the date of actual payment, after as well as before judgment, at the rate of 4% per annum above the base rate for the time being of the Bank of England. Such interest shall accrue on a daily basis and be compounded quarterly.

1. Interpretation{/a}
2. Overriding Provisions{/a}
3. Access to the Services{/a}
4. Payment of Charges, VAT & Withholding Taxes{/a}
5. Warranties{/a}
6. Confidentiality{/a}
7. Customer Data and Information Security{/a}
8. Intellectual Property{/a}
9. Term And Termination{/a}
10. Consequences of Termination and Expiry{/a}
11. Acknowledgements, Liability and Indemnities{/a}
12. Force Majeure{/a}
13. Data Protection{/a}
14. Transfer and Sub-Contracting{/a}
15. The Contracts (Rights of Third Parties) Act 1999{/a}
16. Dispute Resolution{/a}
17. Waiver and Severability{/a}
18. Previous Terms and Conditions{/a}
19. Entire Agreement and Variation{/a}
20. Notices{/a}
21. Youtube{/a}
22. Law and Jurisdiction{/a}

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