Monthly Amounts Payable Clause Samples
The "Monthly Amounts Payable" clause defines the specific payments that must be made on a monthly basis under the agreement. It typically outlines the amount due each month, the due date for payment, and may specify what the payments cover, such as rent, service fees, or installment payments. This clause ensures both parties are clear on the financial obligations and payment schedule, reducing the risk of disputes over payment timing or amounts.
Monthly Amounts Payable. The Monthly Summary Statements shall be reviewed, approved and/or disputed in accordance with the terms and provisions set forth in Schedule 3.3, and amounts owing thereunder shall be paid in accordance with the terms and provisions set forth in Schedule 3.3.