Translation of "Ablauf der zahlungsfrist" in English

Once the payment deadline expires, the liable party is automatically in default.

In this case, interest shall be charged on the overdue amount.

Upon the expiration of the time for payment, the buyer is in delay of payment.

After the expiry of that time limit for payment, the Customer will be in default.

Please ask for your invoice in case necessary before the payment deadline.

In the event of late payment, interest on arrears at a rate of 8% will be charged from the expiry of the due payment date.

On expiry of the payment deadline, the claims against the defaulting investors will now be asserted in court.

After expiration of the payment period, interest shall accrue without notice at 6%.

Send your reminders rigorously, regularly and, most importantly, promptly after the expired payment term.

If the payment deadline is exceeded, the customer shall be deemed to be in default without the necessity of a reminder.

Even without reminder the client is in default of payment after expiration of the abovementioned payment term.

The current trend is to pay the invoice immediately before it is due or when it is overdue.

The average EU delay is 13 days, but in the UK it is 23 days after the due date.

If the fees or surcharges are not paid in full, the amount which has been paid shall be refunded after any time-limit for payment has expired.

If the fee is not paid in full, the amount which has been paid shall be refunded after the period for payment has expired.

In the cases referred to in the first subparagraph of Article 179(1), the date on which the payment shall be considered to have been made to the Office shall be the date on which the amount of the payment or of the transfer is actually entered in a bank account held by the Office.

On expiry of the time limits laid down in Article 21(2), (3) and (5), the Member State concerned shall be obliged to pay interest in accordance with the following conditions:

Surveys show that public authorities often pay invoices very late after expiration of the applicable payment period.

The debtor may in any case pay all or part of the amount of import or export duty without awaiting expiry of the period he has been granted for payment.

Although the goods are delivered or the services performed, many corresponding invoices are paid well after the deadline.

However, the option of suspending the time limit for the payment of duties in such a case has been maintained in Article 72(3) (previously Article 77(3)).

On the basis ofthis addendum the complainant sent invoices in September 1997,requesting payment.Since payment had not been issued after the contractual 60 days,the complainant made aseries of contacts with the Commission,requesting both payment and information aboutwhether the invoices had been accepted.

Furthermore, the Commission had raised the issue more than one month after the payment period hadexpired,and the complainant had immediately sent documents supporting the disputedclaims.

After the expiry of that period, interest shall be automatically payable at the rate charged by the European Monetary Cooperation Fund for transactions in ecus on the first working day of the month in which this Decision was adopted, plus 3,5 % percentage points, i.e. 14,25 %.

After the expiry of that period, interest shall be automati­cally payable at the rate charged by the European Mone­tary Cooperation Fund for transactions in ecus on the first working day of the month in which this Decision was adopted, plus 3,5% percentage points, i.e. 14,25%.

In that letter it stated that, if the applicant brought an action before the Court of First Instance, it would not take any steps to recover the fine while the case was pending before the Court, provided that interest at the rate of 5.5% accrued on the amount due from the date on which the period for payment expired and that a bank guarantee acceptable to the Commission and covering both the principal sum and interest was provided no later than that date.