Pink Screening Payment Policy
Unless otherwise specified in a Service Agreement executed or approved by you with respect to your purchase of Services, all charges associated with your access to and use of a Service are due in full upon receipt of your invoice. Pink Screening’s fees are exclusive of any sales taxes, and any value added taxes and other similar indirect taxes (“VAT”), applicable to its Services. In the event that our Services are subject to sales tax or VAT, then Customer shall be responsible for such taxes and, where applicable, it shall be Customer’s responsibility to self-account for local VAT via a self-charging or reverse charge mechanism. If Customer purchases additional Services that are not initially set forth in any Agreement, such added Services shall be charged at Pink Screening’s then-current rates. Failure to pay charges indicated on any Order Form within five (5) business days of our notice to you that payment is due or delinquent, or if you do not update payment information upon our request, in addition to our other remedies, we may suspend or terminate access to and use of such Service by you.
2. Payment Terms
You must pay Pink Screening according to this Payment Policy or as otherwise specified in a Service Agreement. Even if you select another payment method, such as pay by check or ACH, you must provide Pink Screening with a valid credit or debit card to be kept on file. If another payment method has been specified and an invoice becomes 60 days past due, you hereby authorize Pink Screening to bill the credit or debit card for any unpaid balance due on the 60th day.
If you choose to enroll in Pink Screening’s auto-billing program for invoices, you authorize us to charge your card for any outstanding balance on the invoice due date. Failure to provide a current, valid Payment Method may result in unenrollment from auto-billing.
Without limiting any of Pink Screening’s remedies for non-payment or late payment of fees due to us, any undisputed fees which are not paid within sixty (60) days of the due date shall be subject to a late charge of one and one-half percent (1.5%) per month (18% per year) or the maximum allowed by law, whichever is less. If collection efforts are required, you must pay all costs of collection, including reasonable attorneys’ fees.
3. Pricing Changes
The prices set forth in any proposal shall remain fixed for the duration of your business relationship with Pink Screening unless our cost of providing the Services materially increases. If a material cost increase necessitates an increase in the pricing of Pink Screening’s Services, we will provide forty-five (45) days prior written notice to Customer before a price increase is implemented, along with a detailed explanation for the price increase.