Monthly Contract Payment Sample Clauses
The Monthly Contract Payment clause establishes the requirement for regular, typically monthly, payments from one party to another under the terms of a contract. This clause outlines the amount due, the payment schedule, and the method by which payments should be made, such as via bank transfer or check. By clearly defining the timing and process for payments, it ensures both parties have a mutual understanding of their financial obligations, reducing the risk of disputes over payment timing or amounts.
Monthly Contract Payment. Each Monthly Contract Payment is calculated on a calendar month basis in dollars as follows: ▇▇▇ Period payment 1st ▇▇▇ Period + ▇▇▇ Period payment 2nd ▇▇▇ Period + ▇▇▇ Period payment 3rd ▇▇▇ Period + Location Bonus All ▇▇▇ Period Payments shall be calculated as set forth in Section 2 of this Exhibit B. The “1st ▇▇▇ Period,” “2nd ▇▇▇ Period,” and “3rd ▇▇▇ Period” subscripts refer to the three ▇▇▇ Periods that apply for the applicable calculation month, as set forth in Section 5 of this Exhibit B. The Location Bonus, if applicable, shall be calculated as set forth in Section 6 of this Exhibit B.
Monthly Contract Payment. Each Monthly Contract Payment is calculated on a calendar month basis in dollars as follows: ▇▇▇ Period Energy Payment 1st ▇▇▇ Period + ▇▇▇ Period Energy Payment 2nd ▇▇▇ Period + ▇▇▇ Period Energy Payment 3rd ▇▇▇ Period + ▇▇▇ Period Energy Payment 4th ▇▇▇ Period + ▇▇▇ Period Capacity Payment 1st ▇▇▇ Period + ▇▇▇ Period Capacity Payment 2nd ▇▇▇ Period + ▇▇▇ Period Capacity Payment 3rd ▇▇▇ Period + ▇▇▇ Period Capacity Payment 4th ▇▇▇ Period All ▇▇▇ Period Energy Payments shall be calculated as set forth in Section 2 of this Exhibit B (1). All ▇▇▇ Period Capacity Payments shall be calculated as set forth in Section 3 of this Exhibit B (1). The “1st ▇▇▇ Period,” “2nd ▇▇▇ Period,” “3rd ▇▇▇ Period” and “4th ▇▇▇ Period” subscripts refer to the four ▇▇▇ Periods that apply for the calculation month, as set forth in Section 4 of this Exhibit B (1).
Monthly Contract Payment. Each Monthly Contract Payment is calculated on a calendar month basis in dollars as follows: ▇▇▇ Period Payment 1st ▇▇▇ Period + ▇▇▇ Period Payment 2nd ▇▇▇ Period + ▇▇▇ Period Payment 3rd ▇▇▇ Period + All ▇▇▇ Period Payments shall be calculated as set forth in Section 2 of this Exhibit DB. The “1st ▇▇▇ Period,” “2nd ▇▇▇ Period,” and “3rd ▇▇▇ Period” subscripts refer to the three ▇▇▇ Periods that apply for the applicable calculation month, as set forth in Section 5 of this Exhibit DB.
Monthly Contract Payment