Invoices are payable upon receipt, unless otherwise stated.
In the event of non-payment by the due date, penalties equal to the semi-annual key rate (Refi rate) of the European Central Bank (ECB), in effect on 1 January or 1 July depending on the order date, increased by 10 points, will apply from the day following the payment date shown on the invoice or, failing that, the 31st day following the date of receipt of the goods or the completion of the service.
Late payment penalties are due without any reminder being necessary.
Pursuant to Article D. 441-5 of the French Commercial Code, in the event of late payment, the debtor shall automatically be liable, to its creditor, in addition to the late payment penalties already provided for by law, for a flat-rate compensation for collection costs of 40 euros.
Any payment made to the Seller shall be applied to the sums owed regardless of their cause, starting with the oldest due.
In the event of non-payment of the price when due, the Seller may automatically terminate the sale after formal notice has remained without effect, without prejudice to any damages that may be claimed by the Seller.