Payment Policy

If clients avail of any monthly service package of Ziliionrack Technologies DMCC then they are obliged to pay a full chargeable amount prior to the commencement of the work.

If Ziliionrack Technologies DMCC and the client agree on a fixed quote regarding any services then they are liable to pay 50% of the billable amount in advance, prior to the commencement of the work. The remaining 50% of the payment will have to be made within 7 days of the start date of the services.

Ziliionrack Technologies DMCC shall invoice the clients monthly, in advance.

Also, if the clients do not pay a monthly invoice when it is due, Ziliionrack Technologies DMCC shall terminate the services immediately. In this case, we will not be liable to issue a 10-day prior notice.

All charges quoted to the Client shall be exclusive of VAT, which Ziliionrack Technologies DMCC shall add to its invoices at the appropriate rate.

All additional work requested by the Client, which is requested following commencement of the Services and which is outside the scope of the Quotation (including any services necessarily procured in order to carry out the Services) shall be regarded as additional to the cost given in the Quotation and will be invoiced separately at the rates contained in the then-current Ziliionrack Technologies DMCC’ rate card.

All charges listed in Quotations are estimates and are subject to final confirmation of technical specification.

The parties agree that Ziliionrack Technologies DMCC may review and increase its standard hourly fee rates at any time, provided that such charges cannot be increased more than once in any 12 (twelve) month period. Ziliionrack Technologies DMCC will provide the Client with written notice of any such increase one (1) month before the proposed date of the increase. If such increase is not acceptable to the Client, it may, within two (2) weeks of such notice being received or deemed to have been received in accordance with this condition, terminate the Contract by giving three (3) months written notice to Ziliionrack Technologies DMCC.

Without prejudice to any other right or remedy that it may have, if the Client fails to pay Ziliionrack Technologies DMCC on the Due Date, Ziliionrack Technologies DMCC may:

  • charge interest on such sum under the Late Payment of Commercial Debts (Interest) Act 1998; from the Due Date, accruing on a daily basis and being compounded quarterly until payment is made, whether before or after any judgment and the Client shall pay the interest immediately on demand; and suspend all Services until payment has been made in full.
  • Time for payment shall be of the essence of the Contract.
  • All sums payable to Ziliionrack Technologies DMCC under the Contract shall become due immediately on its termination. This condition is without prejudice to any right to claim for interest.
  • Ziliionrack Technologies DMCC may, without prejudice to any other rights it may have, set off any liability of the Client to Ziliionrack Technologies DMCC against any liability of Ziliionrack Technologies DMCC to the Client.

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