Billing and Payment Date Sample Clauses
The Billing and Payment Date clause establishes when invoices will be issued and when payments are due under the agreement. Typically, it specifies the frequency of billing (such as monthly or upon completion of milestones) and sets a clear deadline for payment, such as within 30 days of receiving an invoice. This clause ensures both parties have a mutual understanding of financial timelines, reducing the risk of disputes over late payments and helping to maintain predictable cash flow.
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Billing and Payment Date. The AGENT renders all bills provided for in this IIC not later than the 10th day of the billing month. All payments by the OPERATING COMPANIES are made by the 20th day of the billing month.
Billing and Payment Date. Service Fees for the Services will begin to accrue on the Service provisioning acceptance Date. Mango will invoice Customer for the Services on a monthly basis (partial months will be billed on a pro rata basis). Customer will pay in full all invoices from Mango within 15 days of the date of invoice.