Common use of Billing Practices Clause in Contracts

Billing Practices. Company shall pay and Operator shall receive as full and complete compensation for the performance of the Services hereunder, the sum of the amounts becoming due as described in the Accounting Procedures. For Services provided by Operator in any Month, payment by Company shall be made no later than the 21st Day of the immediately following Month, provided that if such Day is not a Business Day, then Company shall pay such amount without interest on the next Business Day. As long as Operator is an Affiliate of Company, the Operator and Company may settle Company’s financial obligations to Operator through Operator’s normal interaffiliate settlement processes.

Billing Practices. Company shall pay and Operator shall receive as full and complete compensation for the performance of the Services hereunder, the sum of the amounts becoming due as described in the Accounting Procedures. For Services provided by Operator in any Month, payment by Company shall be made no later than the 21st Day of the immediately following Month, provided that if such Day is not a Business Day, then Company shall pay such amount without interest on the next Business Day. As long as Operator is an Affiliate of Companyand Company are Controlled by the same Person, the Operator and Company may settle Company’s financial obligations to Operator through Operator’s normal interaffiliate settlement processes.