Common use of Payment of the Annual Price Clause in Contracts

Payment of the Annual Price. The Client shall pay OCWA the Annual Price for each Year of the Initial Term or any Current Term, in twelve (12) equal monthly payments, in advance, on the first day of each month. The first payment shall be due and payable on [Insert date]. Payment shall be made by the Client by pre-authorized bank debit from a bank account designated by the Client.

Payment of the Annual Price. The Client shall pay OCWA the Annual Price for each Year of the Initial Term or any Current Term, in twelve (12) equal monthly payments, in advance, on the first day of each month. The first payment shall be due and payable on [Insert date]January 1, 2019. Payment shall be made by the Client by pre-authorized bank debit from a bank account designated by the Client.