Common use of MICROSOFT PAYMENT REQUIREMENTS Clause in Contracts

MICROSOFT PAYMENT REQUIREMENTS. Microsoft requires its customers to pay its invoices within terms. In order to maintain compliance, one hundred percent (100%) of the gross invoice value for non-Select and eighty-five (85%) of the gross invoice value for Select must be current as of Microsoft's fiscal month-end. Additionally, no greater than one percent (1%) of the gross value for Select invoices shall be past net 60 days. Unapplied credits will be excluded from the calculation.

MICROSOFT PAYMENT REQUIREMENTS. Microsoft requires its it's customers to pay its it's invoices within terms. In order to maintain compliance, one hundred percent (100%) of the gross invoice value for non-Select and eighty-five (85%) % of the gross invoice value for Select must be current as of Microsoft's fiscal month-end. Additionally, no greater than one percent (1%) of the gross value for Select invoices shall be past net 60 days. Unapplied credits will be excluded from the calculation. 2.

MICROSOFT PAYMENT REQUIREMENTS. Microsoft requires its customers to pay its invoices within terms. In order to maintain compliance, one hundred percent (100%) of the gross invoice value for non-Select and eighty-five (85%) of the gross invoice value for Select and one hundred (100%) of the gross invoice value for non-select must be current as of Microsoft's fiscal month-end. Additionally, no greater than one percent (1%) of the gross value for Select invoices shall be past net 60 days. Unapplied credits will be excluded from the calculation.

MICROSOFT PAYMENT REQUIREMENTS. Microsoft requires its customers to pay its invoices within terms. In order to maintain compliance, one hundred percent (100%) % of the gross invoice value for non-Select and eighty-five (85%) % of the gross invoice value for Select must be current as of Microsoft's fiscal month-end. Additionally, no greater than one percent (1%) of the gross value for Select invoices shall be past net 60 days. Unapplied credits will be excluded from the calculation. Failure to comply with this section will result in the loss of CUSTOMER's Select Compliance Rebate.

MICROSOFT PAYMENT REQUIREMENTS. Microsoft requires its customers to pay its invoices within terms. In order to maintain compliance, one hundred percent (100%) % of the gross invoice value for non-Select and eighty-five (85%) % of the gross invoice value for Select must be current as of Microsoft's fiscal month-month- end. Additionally, no greater than one percent (1%) of the gross value for Select invoices shall be past net 60 days. Unapplied credits will be excluded from the calculation. Failure to comply with this section will also result in the loss of CUSTOMER's Select Compliance Rebate.

MICROSOFT PAYMENT REQUIREMENTS. Microsoft requires its customers to pay its invoices within terms. In order to maintain compliance, one hundred [*] percent ([100%) ] of the gross invoice value for non-Select and eighty-five (85%) [*] of the gross invoice value for Select must be current as of Microsoft's fiscal month-end. Additionally, no greater than one [*]percent (1%) [*] of the gross value for Select invoices shall be past net 60 days. Unapplied credits will be excluded from the calculation.