Payment of Afilias Fees. In advance of incurring Fees, Registrar shall establish a letter of credit, deposit account, or other credit facility accepted by Afilias (“Payment Security”), which acceptance will not be unreasonably withheld so long as payment is assured. All Fees are due immediately upon receipt of applications for initial and renewal registrations, registrations associated with transfers of sponsorship, or upon provision of other services provided by Afilias to Registrar. Payment shall be made via debit or draw down of the deposit account, letter of credit or other credit facility. Afilias shall provide monthly invoice statements to the Registrar.
Appears in 5 contracts
Samples: Registry Registrar Agreement, Info Agreement, Registry Registrar Agreement
