All payments shall be made in full within 30 days from the date of the invoice, unless otherwise explicitly and in written mentioned on the invoice.
If an invoice is not paid in full within the above mentioned period of time, the amount due will, without any further notice and with full right, automatically be increased, from its due date with interests at the rate set out in the Law of august 2nd 2002 on combatting late payment in commercial transactions.
On top, any invoice not paid within the 30 days after date of invoice is subject to a late payment fee of 10% of the sum due, without any further notice and with right, as well as a forfaitairy claim of 40,00 EUR for damages for collection costs.
The non-payment by the customer of one single invoice, will render all other invoices due immediately, regardless of any previous agreements on postponed payments or not.
Any protest of an invoice of Ninatrans must be notified by registered letter within 8 calendar days from the invoice’s sending date.
This contract is governed by Belgian law and any disputes are to be submitted to the exclusive jurisdiction of the courts of Leuven.