4.1Prices are stated in euros. They are exclusive of tax; the applicable value added tax is added to the order summary.
4.2The grant of rights is subject to the reduced rate of VAT applicable to assignments of copyright. Clients established in another Member State of the European Union and holding a valid intra-Community VAT number fall under the reverse charge regime. Clients established outside the European Union are invoiced exclusive of tax and are responsible for any taxes and duties payable in their own country.
4.3Means of payment. The following are accepted:
- immediate payment by bank card online, through a third-party payment service provider. Aerialcollection has no access to and retains none of the Client’s banking data;
- bank transfer on receipt of invoice, for orders processed outside the automated purchase path, subject to Aerialcollection’s prior agreement.
No other means of payment is accepted.
4.4Payment terms. Unless expressly agreed otherwise, invoices are payable on receipt. A payment period may be agreed at the time of ordering, provided that it does not exceed sixty (60) days from the invoice issue date, or forty-five (45) days end of month where that arrangement is expressly stipulated, in accordance with article L.441-10 of the French Commercial Code. Any contrary stipulation by the Client, and in particular any longer period set out in its purchasing terms, shall not be enforceable against Aerialcollection.
4.5Late payment. Any sum not paid when due shall automatically, and without prior formal notice, give rise to late payment interest calculated at the interest rate applied by the European Central Bank to its most recent refinancing operation, increased by ten percentage points, together with a fixed recovery cost indemnity of forty (40) euros, without prejudice to additional compensation for costs actually incurred.
4.6Grant conditional upon payment. The rights are granted only upon full receipt of the price. Where payment is deferred, no exploitation may take place before the price has been received in full, the grant remaining suspended pending payment.
4.7Electronic invoicing. From the date on which the electronic invoicing obligation applicable to Aerialcollection comes into force, invoices will be issued in structured electronic format and transmitted through an approved platform. For this purpose the Client shall provide its business identification number and routing details, and is responsible for its own ability to receive such invoices.