2. PAYMENTS, COMMISSIONS & FEES
2.1 The Client agrees to immediately notify SCS if a debt is paid in part or in whole directly to the Client by the debtor.
2.2 If a Debtor has advised of a payment made directly to the Client and the Client has failed to respond to SCS requests for advice of payment after a two (2) day period, SCS will charge out the commission for such payment and the Client is obligated to pay SCS for such commission.
2.3 The Client agrees that in the event that the Client wishes to withdraw a debt for recovery or accepts goods returned in lieu of the debt, the Client remains obligated to pay SCS any commission as if the debt had been paid in full.
2.4 Commission is charged when payment, or part payment, of a debt is received by SCS or directly to the Client OR if the Client agrees to credit, contra or accept return of goods or products, etc.
2.5 Commission is calculated on the actual amount of payment received.
2.6 Commission charged by SCS is payable by the Client regardless if costs have been added to the debt for recovery.
2.7 Payment terms of SCS invoice or statement is 7 days.
2.8 If a Client defaults in payment of SCS invoice or statement, the Client agrees to indemnify SCS from any costs or charges incurred by SCS for the collection or attempted collection of such default amount. Any such costs or charges shall be payable by the Client as a liquidated debt.
2.9 In the event that the client is a Company, the Director/s hereby agree and acknowledge that should a default on payment of any SCS invoices occur that the Director/s of the client Company can and will be held personally liable for payment on the overdue invoice/s as if they had obtained the services from SCS directly.