Reporting and Payment Procedures Risk Summary Sheets for each risk and a monthly Bordereaux of all risks ceded shall be submitted to the Reinsurer within 20 working days after the last day of each month. Any premium amounts due the Reinsurer shall be paid with the Bordereaux. Risk Summary Sheets for each insured shall include the following information:
Cutting and Patching The Contractor shall be responsible for cutting, fitting or patching required to complete the Work or to make its parts fit together properly.
Billing and Payment Terms Customer will be billed monthly in advance of the provision of Internet Data Center Services, and payment of such fees will be due within thirty (30) days of the date of each Exodus invoice. All payments will be made in U.S. dollars. Late payments hereunder will accrue interest at a rate of one and one-half percent (1 1/2%) per month, or the highest rate allowed by applicable law, whichever is lower. If in its judgment Exodus determines that Customer is not creditworthy or is otherwise not financially secure, Exodus may, upon written notice to Customer, modify the payment terms to require full payment before the provision of Internet Data Center Services or other assurances to secure Customer's payment obligations hereunder.