Common use of Billing/Payments Clause in Contracts

Billing/Payments. All bills for amounts owed by one Party to the other Party shall be due on the first business day following the twentieth (20th) day after the end of the calendar month or period service was rendered, or on the fifteenth (15th) business day following receipt of a bill, whichever is later. Payments shall xx made by electronic transfer or by such other mutually agreeable method as shall cause such payment to be available for the account of the payee on or before the due date. Interest on unpaid amounts, both principal and interest, shall accrue daily at the then current prime interest rate per annum of The Chase Manhattan Bank, N.A., New York, New York, plus two percent (2%) per annum, or the maximum rate permitted by law, whichever is less, from the date due until the date upon which payment is made.

Billing/Payments. All bills for amounts owed by one Party to the other Party shall be due on the first business day following the twentieth fifteenth (20th15th) day after the end of the calendar month or period service was rendered, or on the fifteenth tenth (15th10th) business day following receipt of a bill, whichever is later. Payments shall xx made by electronic transfer or by such other mutually agreeable method as shall cause such payment to be available for the account of the payee on or before the due date. Interest on unpaid amounts, both principal and interest, shall accrue daily at the then current prime interest rate per annum of The Chase Manhattan Bank, N.A., New York, New York, plus two percent (2%) per annum, or the maximum rate permitted by law, whichever is less, from the date due until the date upon which payment is made."

Billing/Payments. All bills for amounts owed by one Party to the other Party shall be due on the first business day following the twentieth fifteenth (20th15th) day after the end of the calendar month or period service was rendered, or on the fifteenth tenth (15th10th) business day following receipt of a bill, whichever is later. Payments shall xx be made by electronic transfer or by such other mutually agreeable method as shall cause such payment to be available for the account of the payee on or before the due date. Interest on unpaid amounts, both principal and interest, shall accrue daily at the then current prime interest rate per annum of The Chase Manhattan Bank, N.A., New York, New York, plus two percent (2%) per annum, or the maximum rate permitted by law, whichever is less, from the date due until the date upon which payment is made."

Billing/Payments. All bills for amounts owed by one Party to the other Party shall be due on the first business day following the twentieth (20th) day after the end of the calendar month or period service was rendered, or on the fifteenth (15th) business day following receipt of a bill, whichever is later. Payments shall be made xx made by electronic transfer or by such other mutually agreeable method as shall cause such payment to be available for the account of the payee on or before the due date. Interest on unpaid amounts, both principal and interest, shall accrue daily at the then current prime interest rate per annum of The Chase Manhattan Bank, N.A., New York, New York, plus two percent (2%) per annum, or the maximum rate permitted by law, whichever is less, from the date due until the date upon which payment is made.

Billing/Payments. All bills for amounts owed by one Party to the other Party shall be due on the first business day following the twentieth fifteenth (20th15th) day after the end of the calendar month or period service was rendered, or on the fifteenth tenth (15th10th) business day following receipt of a bill, whichever is later. Payments shall xx made be xxxx by electronic transfer or by such other mutually agreeable method as shall cause such payment to be available for the account of the payee on or before the due date. Interest on unpaid amounts, both principal and interest, shall accrue daily at the then current prime interest rate per annum of The Chase Manhattan Bank, N.A., New York, New York, plus two percent (2%) per annum, or the maximum rate permitted by law, whichever is less, from the date due until the date upon which payment is made."

Billing/Payments. All bills for amounts owed by one Party to the other Party shall be due on the first business day following the twentieth (20th) day after the end of the calendar month or period service was rendered, or on the fifteenth (15th) business day following receipt of a bill, whichever is later. Payments shall xx be made by electronic electrxxxx transfer or by such other mutually agreeable method as shall cause such payment to be available for the account of the payee on or before the due date. Interest on unpaid amounts, both principal and interest, shall accrue daily at the then current prime interest rate per annum of The Chase Manhattan Bank, N.A., New York, New York, plus two percent (2%) per annum, or the maximum rate permitted by law, whichever is less, from the date due until the date upon which payment is made.

Billing/Payments. All bills for amounts owed by one Party to the other Party shall be due on the first business day following the twentieth (20th) day after the end of the calendar month or period service was rendered, or on the fifteenth (15th) business day following receipt of a bill, whichever is later. Payments shall xx made be xxde by electronic transfer or by such other mutually agreeable method as shall cause such payment to be available for the account of the payee on or before the due date. Interest on unpaid amounts, both principal and interest, shall accrue daily at the then current prime interest rate per annum of The Chase Manhattan Bank, N.A., New York, New York, plus two percent (2%) per annum, or the maximum rate permitted by law, whichever is less, from the date due until the date upon which payment is made.