4. The company shall be responsible for any costs and expenses arising out of or in relation to the medical services provided by the Hospital to the Patient, and the company shall make payment(s) to the hospital within 30 days from the day the company receive the invoice. The company shall notify incomplete invoice or document to the hospital within seven days of receipt.
5. In case of insurance coverage which the insurance provider or medical insurance assistance takes responsibility for any cost and expenses arising out of or in relation to the medical services provided by the Hospital to the Patient referred by the Company, the insurance provider or medical insurance assistance will make payment to the Hospital the costs and expenses for medical services as an invoice claiming within 30 days after receipt of such invoice.
6. Should the insurance provider or medical insurance assistance or the Patient fail to make payment of costs and expenses for medical services to the Hospital within the due date prescribed therein, the Company agrees to pay to the Hospital the costs and expenses for medical services in stead of the insurance provider or medical insurance assistance within 7 days after receipt of such invoice.
7. Falling and/or any delayed payment shall be subject to interest payable which the Company shall pay the Hospital the interest for late payment at the rate of 15% per annum until the outstanding sum is paid to the Hospital fully and entirely.