The Agency is entitled to a fee for each individual service as soon as it was provided. Payment is due without any deduction within 14 (fourteen) days of the date of receipt of the invoice. This applies also to cash expenditures and other expenses charged to the Client. The goods supplied by the Agency remains the Agency’s property until the Client has paid the compensation, in its entirety, including any ancillary liabilities.
The Agency may demand payments on account and issue interim or advance invoices.
The Agency’s fees are net fees plus legal value added tax. Services not explicitly covered by the agreed compensation will be charged separately. In addition, the Client shall reimburse all cash expenditures.
Cost estimates are non-binding and do not constitute an offer. They do not oblige the Agency to execute the services specified therein. In cases of doubt, cost estimates are free. Even if a contract is awarded, all drafts, plans, calculations and other documents remain intellectual property of the Agency and may be exploited or transferred to third parties only with the Agency’s express written consent.
The Agency is entitled to the agreed compensation also for work, which the Client might not implement for any reason whatsoever. The assumption set forth in Section 1168 of the Austrian Civil Code (ABGB) is excluded. Payment of the compensation does not grant the Client a right to use work already executed. The Client shall immediately return to the Agency or destroy non-implemented concepts, drafts and other documents.
If any of the Client’s payments are late, the Agency may also demand immediate payment of all services and partial services provided in the context of other contracts concluded with the Client. The Agency may refuse to provide services until the Client has paid the outstanding amount. Where payment in instalments was agreed, the entire compensation is due if the Client has not paid partial amounts or ancillary claims in due time. The entire outstanding amount owed is immediately due for payment.
If the Client’s payments are late, the Agency may demand immediate payment of all services and partial services arisen in the context of other contracts with the Client.
The Agency is not obliged to provide further services for the Client until the Client has paid the outstanding amount (right of retention). This shall not affect the Client’s obligation to pay the Agency’s fee.
If Client and Agency have agreed on payment in instalments, the entire claim is due for payment even if the Client does not timely pay only one instalment or ancillary claim. In this case, the Agency may demand immediate payment of the entire outstanding debt.
The Client may not set off its own claims against the Agency’s claims, unless the Client’s claims were acknowledged by the Agency in writing or established by a court.