Common use of Fees; Payment Terms Clause in Contracts

Fees; Payment Terms. a) If PBSI is responsible for billing and collecting the fees due under a License directly from an End User, PBSI will pay to Partner the fees due to Partner in accordance with the Teaming/Lead Referral Form within sixty (60) days following receipt of payment from End User. If the License identifies that Partner is responsible for billing and collecting the fees due under a License directly from an End User (“Payment Agent”), Partner will pay to PBSI the fees due to PBSI within thirty (30) days following receipt of PBSI’s invoice.

Appears in 3 contracts

Samples: Partner Teaming Agreement, Partner Teaming Agreement, Partner Teaming Agreement

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Fees; Payment Terms. a) If PBSI is will be responsible for the billing and collecting the collection of all fees due under a License for the Licensed Products directly from an the End User, User and PBSI will pay to Partner the fees due to Partner in accordance with pursuant the Teaming/Lead Referral Form within sixty (60) days following PBSI’s receipt of payment from the End User. If the License identifies that Partner is responsible for billing and collecting the fees due under a License directly from an End User (“Payment Agent”), Partner will pay to PBSI the fees due to PBSI within thirty (30) days following receipt of PBSI’s invoice.

Appears in 3 contracts

Samples: Lead Referral Agreement, Lead Referral Agreement, Lead Referral Agreement

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