Common use of Payment of Charges on Monthly Statement Clause in Contracts

Payment of Charges on Monthly Statement. The charges set forth on the monthly statement shall be paid to the Facility by the fifth (5th) day of each calendar month following receipt of the monthly statement. If Resident has the financial resources to make payment, but fails to do so within thirty (30) days after receipt of the statement, the Facility may give written notice that Resident must make such payment within thirty (30) days after receiving such notice. If Resident fails to comply with such notice, the Facility may terminate this Agreement, in accordance with the applicable provisions of this Agreement.

Appears in 4 contracts

Samples: Resident Representative Agreement, Resident Representative Agreement, Resident Representative Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.