PAYMENT ARRANGEMENT PLANS Clause Samples

The PAYMENT ARRANGEMENT PLANS clause establishes the terms under which a party may pay amounts owed over time rather than in a single lump sum. Typically, this clause outlines the schedule of payments, any applicable interest or fees, and the consequences of missed or late payments. Its core function is to provide flexibility for the paying party while ensuring the receiving party has a clear expectation of when and how payments will be made, thereby reducing the risk of default and disputes over payment timing.
PAYMENT ARRANGEMENT PLANS. If Customer has difficulty paying an invoice by the due date, special payment arrangement plans may be available based on Customer’s qualifications and eligibility. If Customer is determined to be eligible for a deferred payment plan, Customer will pay 50% of the amount due and defer the remainder of the amount due in equal installments over no more than five (5) billing cycles. To qualify for a deferred payment plan, a Customer must not have defaulted under a previous deferred payment plan with Company or have received more than two (2) disconnection notices in the last twelve (12) billing cycles. Customer needs at least three (3) billing cycles of payment history with Company prior to qualifying for a deferred payment plan. Deferred payment plans are available for customers whose invoice becomes due during an extreme weather emergency as defined by the applicable TDU, customers who live in an area covered under a state of disaster declared by the Texas Governor (when directed by the PUCT) or Customer was previously under-billed by $50.00 or more. If Customer establishes a deferred payment plan, Company may put a switch-hold on such accounts until the deferred balance is paid and processed, at which time Company will remove it. If Customer is disconnected for nonpayment while a switch-hold is in place, a payment will be required to resume service and Customer may not obtain services from another REP until the total deferred balance due to Company is paid in full. All deferred payment plans are formalized in writing and provided to the Customer. Please contact Company for further information.
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PAYMENT ARRANGEMENT PLANS. A Deferred Payment Plan is an extended payment plan, which allows you to pay an outstanding balance in installments over a period of time. To qualify for a deferred payment plan, a Customer (i) needs at least three (3) billing cycles of payment history with Company, (ii) must not have been disconnected for nonpayment during the preceding 12 months, (iii) must not have defaulted under a previous deferred payment plan or have received more than two (2) disconnection notices with Company during the preceding 12 months, and (iv) must not have submitted more than two (2) payments that were nonsufficient. Deferred payment plans are available for customers whose invoice becomes due during an extreme weather emergency as defined by the applicable TDU, customers who live in an area covered under a state of disaster declared by the Texas Governor (when directed by the PUCT) or where the customer was previously under- billed by $50.00 or more. Before starting a deferred payment plan, Company may require a down payment of up to 50% of the total amount due. Company may also ask you to pay the balance owed on the deferred payment plan in equal amounts over no more than five (5) billing cycles. If you establish a deferred payment plan with Company, Company will confirm the details of the plan in writing to you. If you establish a deferred payment plan Company
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PAYMENT ARRANGEMENT PLANS. A Deferred Payment Plan is an extended payment plan, which allows you to pay an outstanding balance in installments over a period of time. To qualify for a deferred payment plan, a Customer (i) needs at least three (3) billing cycles of payment history with Company,
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Related to PAYMENT ARRANGEMENT PLANS

  • PAYMENT ARRANGEMENTS If the Distributor is required to indemnify the Trader under section 46A of the Consumer Guarantees Act 1993, the Distributor must promptly pay the Trader the amounts due under that Act.

  • Payment Plans Employees covered by the Samaritan Choice medical insurance plan who have outstanding balances that are payable to Samaritan Health Services for in network, covered, and authorized (if medically necessary) services will be provided payment plan offerings upon request from the employee. The request will be made to Patient Financial Services, and may be directed through the Hospital Patient Financial Counselor. Patient Financial Services will work with employees to identify the appropriate payment arrangement based on the employee financial needs/eligibility. Within 120 days from first patient statement, employees must contact Patient Financial Services and identify themselves as a SHS SEIU member and ask for a payment plan arrangement that does not exceed six percent (6%) of their household income. Such requests will be granted using the existing SHS payment options and funding programs. To be eligible for a payment plan, employees must comply with all requirements for establishing appropriate payment options/eligibility, including the completion of a financial assistance application with supporting documentation. Employees who comply with all terms of the payment plan(s) will not be subject to collections or wage garnishment.

  • Benefit Arrangements Each Benefit Arrangement has been maintained in compliance, in all material respects, with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 and except as provided by law, the employment of all persons presently employed or retained by the Company is terminable at will.

  • Management Arrangements 9.1. The Management Arrangements set out the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Statement of Requirements, the Service Levels, the Award Procedures and the terms of this Framework Agreement. 9.2. The Authority may by notice to the Contractor suspend the Contractor’s appointment to provide Services to Framework Public Bodies for a notified period of time: 9.2.1. if the Authority becomes entitled to terminate this Framework Agreement under clause 42 (Termination Rights) or 43 (Termination on Insolvency or Change of Control); or 9.2.2. in any other circumstance provided for in the Management Arrangements. 9.3. Suspension under clause 9.2 shall terminate upon cessation of all of any circumstances referred to in subclauses 9.2.1 and 9.2.2. 9.4. The Contractor must continue to perform existing Call-off Contracts during any period of suspension under clause 9.2.

  • Payment Plan Despite the payment terms in Annexure B, We may, but are not obliged to, enter into a specific payment plan with You if You can demonstrate a financial need. However, any payment plans: (a) will require all Accommodation Fee payments to be made in advance; and (b) must be agreed by Us and You prior to the Commencement Date.