Common use of PRICE AND METHOD OF PAYMENT Clause in Contracts

PRICE AND METHOD OF PAYMENT. 7.1 The Client shall pay the Price specified in the Specific Terms & Conditions. Should the Agreement be renewed under the terms of point 6 above, each year the Client shall pay the Annual Price appearing in the Specific Terms & Conditions, in the same payment terms and using the same method of payment as established for the payment of the price corresponding to the Contract Length.

PRICE AND METHOD OF PAYMENT. 7.1 The Client shall pay the Price specified in the Specific Terms & Conditions. Should the Agreement be renewed under the terms of point 6 above, upon each year renewal the Client shall pay the Annual Price appearing in the Specific Terms & Conditions, in the same payment terms and using the same method of payment as established for the payment of the price corresponding to the Contract LengthInitial Term.