Payments to the distribution entity Clause Samples
The "Payments to the distribution entity" clause defines the obligations and procedures for making financial payments to the entity responsible for distributing goods, services, or funds under the agreement. Typically, this clause outlines the timing, method, and calculation of payments, specifying when and how the distribution entity should be compensated—such as through periodic transfers, commissions, or fees based on sales or deliveries. Its core practical function is to ensure that the distribution entity receives timely and accurate payments, thereby reducing disputes and clarifying financial responsibilities between the parties.
Payments to the distribution entity. (a) This clause does not apply to you to the extent you are billed directly by your distribution entity for some or all network charges or distribution non-network charges.
(b) We will arrange for one bill to be sent to you for each billing cycle covering tariffs and charges due to us and network charges and distribution non-network charges. We will arrange for payment to the distribution entity.