Name: MJ Flood Security
Address: Clonlara Avenue, Baldonnell Business Park, Baldonnell, Co. Dublin, D22 V4F5, Ireland
Telephone: +353 1 689 6390

8.1		The Client will pay the Prices and Charges to the Company in accordance with this Condition 8 and the payment terms set out in the Quotation.
8.2		The Prices and Charges are exclusive of packaging, insurance, carriage and delivery costs which will be payable by the Client in addition to the Prices and Charges.
8.3		Unless otherwise stated in the Quotation, the Company may, at its discretion, require the Client to pay to the Company, either the entirety of the Price and Charges as set out in the Quotation, or an amount equal to a percentage of the Price and Charges as set out in the Quotation, as advance payment within 3 days after the Quotation is signed.
8.4		The consideration for any supply made under the Contract is exclusive of any VAT which is due in relation to such supply, which will be payable in addition to that consideration in the manner and at the rate prescribed by law from time to time.
8.5		The Company will be entitled to vary the Prices and/or Charges:
8.5.1		by giving the Client written notice on an annual basis for any reason;
8.5.2		at any time by giving written notice to the Client to reflect any variation in the cost of supplying the Goods and/or Services which arises as a consequence of any:
		8.5.2.1 change in law;
		8.5.2.2 variation in the Client’s requirements for the Goods and/or Services;
		8.5.2.3 any events outside of the Company’s control; and/or
		8.5.2.4 for information provided by the Client being inaccurate or incomplete or any failure or delay by the Client in providing information.
8.6		The Company reserves the right to invoice the Client based on the progress of the Goods as a whole of the Prices or against a schedule of values (billing schedule) to be agreed between the parties and inserted into the Contract.
8.7		The Company reserves the right to invoice the Client based on the progress of the Services as a whole of the Charges or against a schedule of values (billing schedule) to be agreed between the parties and inserted into the Contract.
8.8		Each invoice will be payable by the Client within 30 days following the date of the invoice. The Client will make all payments in euros in available cleared funds by electronic transfer to such bank account as the Company may nominate from time to time.
8.9		Without prejudice to the Company’s other rights and remedies:
8.9.1		if any sum payable under the Contract is not paid on or before the due date for payment the Company will be entitled to charge the Client interest on that sum of 8% above the European Central Bank base rate from the due date until the date of payment (whether before or after judgment), such interest to accrue on a daily basis;
8.9.2		if the Client fails to make any payment due to the Company under the Contract or any other contract between the Client and the Company on or before 7 days after the due date the Company will be entitled to withhold further deliveries of Goods and to suspend provision of the Services and Deliverables until payment of all overdue sums has been made;
8.9.3		if the Company has any concerns regarding the Client’s financial standing the Company will be entitled, by giving written notice to that effect to the Client, to issue invoices prior to Goods and/or Deliverables being delivered and the Company will not be required to deliver the Goods and/or Deliverables until the relevant invoice has been paid in full;
8.9.4		the Company reserves the right to report the Client to any applicable credit bureau if any sum payable by the Client under the Contract is not paid on or before the due date for payment; and
8.9.5		the Client will pay to the Company its reasonable costs and expenses (including any legal fees) of collecting the Goods from the Client if the Client fails to make payment of any sum under the Contract on or prior to the date of payment.
8.10		Save as otherwise expressly provided in these Conditions or required by law, all payments to be made by the Client to the Company under the Contract will be made in full and without any set-off or any deduction or withholding including on account of any counter-claim.
8.11		Following termination of the Contract:
8.11.1		the Company will be entitled to invoice all Prices and Charges and any packaging, insurance, carriage and delivery costs incurred which have not yet been invoiced; and
8.11.2		all invoices (including any invoices issued under Condition 8.11.1) will become immediately due and payable by the Client.
8.12		If at any time the Client’s financial responsibility is deemed unsatisfactory to the Company in its reasonable opinion, the Company may defer shipments of any Goods and commencement of any Services, require an advance payment or other security and/or terminate the Contract without Liability and without waiving any other remedies the Company may have against the Client.

8 | Price & Payment