Late Fee Terms and Conditions
1. Payment Due Date
The full payment for the course is due on the date specified on the invoice issued by Pideya Learning Academy. If a Purchase Order (PO) or Guarantee Letter is provided by the client, the payment due date specified in the PO or Guarantee Letter will take precedence over the invoice due date.
2. Late Fee Charges
Late fees will not be applied if:
- The client has formally communicated a delay in payment to Pideya Learning Academy prior to the due date.
- The client has an agreed-upon payment term or schedule that differs from the original invoice due date.
- The client has provided a valid Purchase Order (PO) or Guarantee Letter specifying the payment due date.
In the absence of prior communication or an agreed-upon payment schedule, payments received after the due date will incur a late fee of 2% per month (or 0.066% per day) of the outstanding balance, calculated from the original due date.
3. Late Fee Waiver
Late fees will be waived under the following conditions:
- The client provides formal communication to Pideya Learning Academy indicating a payment delay and agrees to an updated payment schedule.
- The client adheres to an established payment term agreed upon with Pideya Learning Academy.
- The client provides a valid Purchase Order (PO) or Guarantee Letter with an agreed-upon payment due date.
4. Payment Extension & Documentation
If the client has specific internal policies regarding payment timelines, they must submit a Purchase Order (PO) or Guarantee Letter clearly stating the agreed payment terms and due date. Without such documentation, the original payment due date on the invoice issued by Pideya Learning Academy remains in effect.
5. Course Completion Certificate
The Course Completion Certificate will be issued only upon receipt of full payment. If payment is delayed, Pideya Learning Academy will withhold the certificate until the outstanding balance is paid in full.
6. Suspension of Services
If payment is delayed beyond 45 days without prior communication or an agreed-upon extension, Pideya Learning Academy reserves the right to suspend services and restrict access to training materials until full payment is received.
7. Collection Costs
If payment remains unpaid after 60 days, any collection costs, including legal fees, incurred by Pideya Learning Academy in recovering the outstanding balance will be charged to the client and added to the final payment amount.
8. Notification of Late Payment
If payment is not received by the due date, Pideya Learning Academy will send a formal reminder 7 days after the due date. If payment is not received within 14 days of the reminder, additional late fees will apply unless an agreement or valid documentation (Purchase Order or Guarantee Letter) has been provided.
9. Governing Law
These late fee terms and conditions are governed by the laws of the Emirate of Dubai and relevant federal laws of the UAE, with disputes subject to the non-exclusive jurisdiction of the Dubai Courts.