TERMS & CONDITIONS

These Terms and Conditions, together with the Engagement Letter, form the entire agreement between ACCRYPTAX BV (BE 1021.594.892)  and the client.

Article 1 – Applicability

These Terms and Conditions apply to all services agreed upon between ACCRYPTAX BV and the client in the Engagement Letter. Any modification to these Terms and Conditions must be agreed upon separately and in writing for each agreement. In the event of a conflict between the Engagement Letter and these Terms and Conditions, the provisions contained in the Engagement Letter shall prevail.

Article 2 – Acceptance and Objection

Any objection concerning the services or an invoice issued by ACCRYPTAX BV must be made in writing within seven (7) calendar days from the invoice date. After this period, ACCRYPTAX BV shall be free of any liability. In the absence of a timely and written objection, the invoice is deemed to be accepted.

Article 3 – Payment

All invoices issued by ACCRYPTAX BV are payable upon receipt. A late objection to an invoice does not relieve the obligation to pay it in full. Failure to comply with the payment obligation shall automatically and without prior notice result in an interest charge equal to that determined in Article 5 of the Law of August 2, 2002 on combating late payment in commercial transactions. For each reminder due to non-payment, an administrative fee of €15,00 will be charged. Reminders are sent one week, two weeks, and three weeks after the due date. Invoices not paid within five (5) working days after the third reminder will be collected through legal proceedings. In such cases, the invoice amount will be increased by 10% as a flat-rate compensation, without prejudice to the recovery of all legal costs associated with the proceedings.

Article 4 – Invalid or Conflicting Provisions

To the extent that the provisions in these Terms and Conditions differ from those in the Engagement Letter agreed upon between ACCRYPTAX BV and the client, the provisions of the Engagement Letter shall prevail. If one or more provisions of these Terms and Conditions are found to be invalid or unenforceable, this shall not affect the validity and applicability of the remaining provisions. In such a case, the invalid or unenforceable provision shall be deemed automatically replaced by a valid and enforceable provision that, to the greatest extent possible, has a similar effect.

Article 5 – Applicable Law and Jurisdiction

The agreement between ACCRYPTAX BV and the addressee stated on the invoice is governed exclusively by Belgian law. In addition to arbitration or mediation as provided for in the Engagement Letter, ACCRYPTAX BV has the right to bring any disputes concerning its invoices before the competent court. Only the Courts of Antwerp shall have jurisdiction to hear such legal actions.