Terms and Conditions
Valid: 01.04.2022
Payment Conditions:
- Invoices are issued on the 1st of each month.
- The due date of invoices is 14 days unless stipulated otherwise in a valid signed agreement.
- Invoices are issued as a PDF attachment to an email sent to the specified client email address.
- Any queries must be made within 5 days of invoice receipt
- Once this time has lapsed the invoice is considered accepted
- Any queries that arise do not affect the due date or payment terms set out in a signed contract or herein
- An invoice is considered as paid:
- Once the correct amount has cleared into the account specified on the invoice and
- The correct amount has been cleared using the variable symbol specified on the invoice
- Once an invoice is considered as paid, a confirmation email is issued.
- A reminder is issued 3 days before the due date of unpaid invoice(s).
- A 1st ‘late reminder’ is issued 3 days after the due date of unpaid invoice(s).
- A 2nd ‘late reminder’ is issued 5 days after the due date of unpaid invoice(s).
- A final ‘Předžalobní výzva k faktuře’ is issued 7 days after the due date of unpaid invoice(s).
- There are a remaining 7 days from the date of issue to allow payment
- 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
- Penalties/sanctions are calculated as follows:
- Payments sent with missing or incorrect variable symbol will attract a 500Kč administration fee
- Each day, past the due date, an invoice is unpaid – a charge of 10% of the original value is applied
- Penalties/sanctions will be added to the next issued invoice
- Once an invoice becomes overdue:
- any contract termination minimum period is deemed null and we reserve the right to:
- Freeze/pause lesson teaching activities
- Withhold material/reclaim issued material
- Revoke any licensing/broadcasting/distribution rights to material provided by us
- Terminate cooperation with immediate effect