Payment Policies
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revised 2010-11-29 to reflect no more finance charges

Finance Charge
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As of March 2010, BaseSpace.net no longer applies finance charges to
overdue balances. Please note that we reserve the right to terminate a
customer's service temporarily or permanently in the event of
non-payment, after 30 days written notice. We strongly prefer not to
have to excercise this option. Please pay your monthly charge on time.

Bulk Payment Credit policy
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Each payment of at least 2.5 times the customer's monthly current
monthly rent earns a bulk payment credit. The amount of the bulk
payment credit is $5 for colocation and managed server customers, and
$2 for hosting customers. A customer earns a credit for each full
month's rent paid in bulk.

 credit = payment / monthly rent (round down)
	    x $5 for colocated or managed server OR
            x $2 for hosting

Example: The same customer whose monthly charge is $100 pays $300. They
receive a $15 bulk payment credit. The credit does not depend on when
the payment is made, nor on what the customer's balance happens to be
at the time they pay.

Example: Suppose a customer whose monthly charge is $100 has a
positive balance of $30. They pay $260. They receive only 2 months of
credit ($10) because $260 / $100, rounded down, is 2. The $260 payment
+ $10 credit + $30 balance adds up to $300, covering them exactly for
the next 3 months.

Advance Payment
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The combination of the finance charge and bulk payment policies
results in a situation that rewards customers who make large payments
in advance. To derive the maximal benefit, pay 3 months in advance.
Unlike the previous advance payment credit policy, however,
the credit is based solely on comparing the amount of the payment to
the amount of the monthly charge, so past credits will not reduce the
amount of payment needed to obtain the full credit in the future until
either some time has passed, or you pay for a partial month which will
not qualify for the credit.