Common use of New Customers Clause in Contracts

New Customers. For a new (first-time customer) annual Agreement, full payment is due prior to receipt of Clipper® SmartPass cards, unless a payment schedule has otherwise been agreed upon in writing between the Institution and VTA. Payment will include the calculated rate for annual SmartPasses, plus the Clipper® fee per card order for a specified quantity of Clipper® cards, as discussed further in Section 6 below. Any proration based on Agreement effective dates will be applied on a monthly basis.

New Customers. For a new (first-time first‐time customer) annual Agreement, full payment is due prior to receipt of Clipper® SmartPass cards, unless a payment schedule has otherwise been agreed upon in writing between the Institution and VTA. Payment will include the calculated rate for annual SmartPasses, plus the Clipper® fee per card order for a specified quantity of Clipper® cards, as discussed further in Section 6 below. Any proration based on Agreement effective dates will be applied on a monthly basis.