Terms and Conditions

Valid: 01.04.2022

Payment Conditions:

  1. Invoices are issued on the 1st of each month.
  2. The due date of invoices is 14 days unless stipulated otherwise in a valid signed agreement.
  3. Invoices are issued as a PDF attachment to an email sent to the specified client email address.
    1. Any queries must be made within 5 days of invoice receipt
    2. Once this time has lapsed the invoice is considered accepted
    3. Any queries that arise do not affect the due date or payment terms set out in a signed contract or herein
  4. An invoice is considered as paid:
    1. Once the correct amount has cleared into the account specified on the invoice and
    2. The correct amount has been cleared using the variable symbol specified on the invoice
  5. Once an invoice is considered as paid, a confirmation email is issued.
  6. A reminder is issued 3 days before the due date of unpaid invoice(s).
  7. A 1st ‘late reminder’ is issued 3 days after the due date of unpaid invoice(s).
  8. A 2nd ‘late reminder’ is issued 5 days after the due date of unpaid invoice(s).
  9. A final ‘Předžalobní výzva k faktuře’ is issued 7 days after the due date of unpaid invoice(s).
    1. There are a remaining 7 days from the date of issue to allow payment
    2. Once this has lapsed, we reserve the right to apply to the court at the 1st opportunity to recover the outstanding monies without further notice
  10. Penalties/sanctions are calculated as follows:
    1. Payments sent with missing or incorrect variable symbol will attract a 500Kč administration fee
    2. Each day, past the due date, an invoice is unpaid – a charge of 10% of the original value is applied
    3. Penalties/sanctions will be added to the next issued invoice 
  11. Once an invoice becomes overdue:
    1. any contract termination minimum period is deemed null and we reserve the right to:
    2. Freeze/pause lesson teaching activities
    3. Withhold material/reclaim issued material
    4. Revoke any licensing/broadcasting/distribution rights to material provided by us
    5. Terminate cooperation with immediate effect