3.1. The currency of payment under the present Agreement is GBP.
3.2. For the licenses granted hereunder, the Licensee undertakes to pay the Licensor a fee in the amount specified in the invoice. The amount of license fee shown in the invoice is formed depending on the selected type of license, period of use of license (license duration), number of workstations (if applicable).
3.3. Prices for the licenses are published on the official web-site of the Licensor https://it.smart-resto.ru/iikocloud/ge
3.4. The Licence Fee and other charges payable under this Agreement are exclusive of any applicable VAT and other sales tax which shall be payable by the Licensee at the rate and in the manner prescribed by law against submission of a valid tax invoice.
3.5. License fee is non-negotiable and non-refundable in the event that this Agreement is terminated.
3.6. After payment of the license fee against the invoice, issued towards you by the Licensor, you are considered to have agreed to the conditions of the current License agreement and this agreement is considered to be concluded between you and the Licensor.
3.7. The payment shall be paid by the Licensee in the term of 5 (five) days before granting of a license. Licensing should be done only after the payment of license fee.
3.8. The Licensee should pay the licensee fee once a month in the term of 5 (five) days before granting of a license. In case of prolongation of the license, the payment should be made in the term of 5 (five) days before granting of a license.
3.9. If the Licensee fails to pay the received invoice timely and the price is changed, the Licensee should pay the new price indicated in the invoice.
3.10. The Licensor has the right to change prices on licenses unilaterally. The Licensor notifies his clients on changes by publishing this notification on Licensor's official web site in the term of one month before this changing in price.
3.11. The Licensor has the right to make amendments into this Agreement unilaterally.
3.12. The payment has to be conducted as a direct Bank Transfer.
3.13. All outgoing bank transfer charges shall be paid by the Licensee.
3.14. All payment obligations of the Licensee shall be deemed fulfilled when the due sums are credited to the Licensor 's bank's correspondent account.