Payment

The invoices are payable without discount to the bank account of Indufarm N.V. and in Euro. This also applies if Indufarm N.V. has them received by financial institutions.
Indufarm N.V. does not accept bills of exchange as a means of payment.
From the due date of the invoice, the invoiced amounts automatically and without the need for a prior notice of default will accrue interest of 10% on an annual basis until the date of full payment.
Non-payment of an invoice on the due date makes the payment of all other amounts due immediately due and allows Indufarm N.V. to refuse the delivery of all current orders.
In the event of non-payment of the invoiced amounts on the due date , a fixed compensation of 10% of the unpaid amounts is due by operation of law and without the need for prior notice of default, with a minimum of € 125 above all interest and which may incur any costs, collection costs or court costs.