Terms and conditions of service.

It is acknowledged that the CLIENT’s failure to pay invoices by the due date will cause Legal Translations to incur substantial economic damages and losses of types and in amounts which are impossible to compute and ascertain with certainty as a basis for recovery by Legal Translations of actual damages. Given that the billable amounts may vary greatly, Legal Translation’s collection costs, attorney’s fees and indirect damages would be difficult to ascertain. In the interest of equity and in order to limit CLIENT’s exposure, the parties agree that liquidated damages represent a fair, reasonable and appropriate estimate of actual damages. Accordingly, in lieu of actual damages, CLIENT agrees that liquidated damages may be assessed and recovered by Legal Translations as against CLIENT, in the event of non-payment and without Legal Translations being required to present any evidence of the amount or character of actual damages sustained by reason thereof; therefore CLIENT shall be liable to Legal Translations for payment of liquidated damages in the amount of DOUBLE the unpaid invoice amounts plus court costs and process service fees. Such liquidated damages are intended to represent estimated actual damages and are not intended as a penalty, but on the contrary, are limiting the CLIENT’s exposure which CLIENT acknowledges could otherwise be much greater.