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The price and any other sums due to the Seller shall be paid to the Seller within thirty (30) days of the date of the invoice issued by the Seller.
The Buyer shall pay interest on all sums due at the rate of 2% per month calculated on a daily basis until payment is made after as well as before any judgement. The price shall be paid in full on the due date without any deduction, set-off or counter-claim whatsoever.
If the Buyer defaults in paying any sum on its due date, the Seller may give written notice to the Buyer, without prejudice to any other rights it may have, either suspend future deliveries under any contract with the Buyer until the default is remedied or cancel such contract as far as any further goods remain to be delivered and to recover any damages and expenses involved in such suspensions or cancellations.
If the Buyer defaults in the punctual payment of any sum owing to the Seller then the Seller shall be entitled to the immediate return of all the goods sold by the Seller to the Buyer and all related documents of the title to the Goods and the Buyer hereby authorises the Seller to recover the Goods and for that purpose to enter upon any premises where they are stored or reasonably believed to be located. Demand for or recovery of the Goods by the Seller shall not of itself discharge either the Buyer’s liability to pay the whole of the price and to take delivery of the Goods or the Seller’s right to sue for the whole of the price.