Common use of Billing & Payment for Programming Services Clause in Contracts

Billing & Payment for Programming Services. Each month during the term of Programming Services, SUNCOAST shall xxxx the COMPANY for each Resort for Cable Services in advance for each month and for Tiered Services and Pay Per View in arrears for the immediately preceding month. Payment for all Services shall be due by the Tenth (10th) day of the month for which the billing applies, time being of the essence, and interest at the rate of 1.5% percent per month (18% per annum) will be added for late receipt of any payment. A service charge of Twenty-five ($25.00) Dollars will be assessed for any returned check, and a cashier's check will be required as future payment until credit has been re-established as determined by SUNCOAST. COMPANY shall pay SUNCOAST a late payment charge of Two (2%) percent for each and every payment(s) which is outstanding for a period of more than Twenty-five (25) days. Should COMPANY fail to make payment within Forty-five (45) days from the required billing due date, or fail to comply with applicable Federal, State, or Local Law governing the purchase of the Services, SUNCOAST may at its discretion terminate such Services. Upon such default by COMPANY, SUNCOAST shall be entitled to accelerate all monthly payments remaining due under this Agreement which will then be immediately due and payable.

Billing & Payment for Programming Services. Each month during the term of Programming Services, SUNCOAST shall xxxx the COMPANY for each Resort the Project for Cable Services in advance for each month and for Tiered Services and Pay Per View in arrears for the immediately preceding month. Payment for all Services shall be due by the Tenth Fifteenth (10th15th) day of the month for which the billing applies, time being of the essence, and interest at the rate of 1.5% percent per month (18% per annum) will be added for late receipt of any payment. A service charge of Twenty-five ($25.00) Dollars will be assessed for any returned check, and a cashier's check will be required as future payment until credit has been re-established as determined by SUNCOAST. COMPANY shall pay SUNCOAST a late payment charge of Two (2%) percent for each and every payment(s) which is outstanding for a period of more than Twenty-five (25) days. Should COMPANY fail to make payment within Forty-five (45) days from the required billing due date, or fail to comply with applicable Federal, State, or Local Law governing the purchase of the Services, SUNCOAST may at its discretion terminate such Services. Upon such default by COMPANY, SUNCOAST shall be entitled to accelerate all monthly payments remaining due under this Agreement which will then be immediately due and payable.