Common use of SOW Payment Terms Clause in Contracts

SOW Payment Terms. Unless otherwise specified in this Agreement, Modernizing Medicine shall send an invoice (each, a “SOW Invoice”) to Medical Practice on (i) a monthly basis for all applicable SOW Fees and SOW Expenses based on the SOW Services performed by Modernizing Medicine during the preceding month, (ii) a monthly basis with respect to any monthly maintenance fees applicable to Medical Practice’s PM Bridge and (iii) an annual basis with respect to any annual maintenance fees applicable to Medical Practice’s PM Bridge. For the avoidance of doubt, Modernizing Medicine shall have no obligation to issue a separate Invoice to Medical Practice with respect to the Implementation Fee. Unless otherwise specified in the applicable Statement of Work, all amounts specified in a SOW Invoice are due upon the issuance of such SOW Invoice by Modernizing Medicine. Unless otherwise specified in the applicable Statement of Work, Medical Practice will pay each such SOW Invoice via electronic payment. Medical Practice hereby authorizes Modernizing Medicine to automatically charge Medical Practice’s bank, credit card or other account (the “Account”) designated under the Electronic Payment Authorization Form an amount equal to the sum of any outstanding SOW Fees and SOW Expenses owing to Modernizing Medicine pursuant to any SOW Invoice. Medical Practice shall not, under any circumstances: (i) revoke any authorization to charge the Account for any SOW Fees or SOW Expenses owing under this Agreement or any Statement of Work or (ii) contest any charges to the Account, which are made by Modernizing Medicine in accordance with this Agreement or any applicable Statement of Work.

SOW Payment Terms. Unless otherwise specified in this Agreement, Modernizing Medicine shall send an invoice (each, a “SOW Invoice”) to Medical Practice on (i) a monthly basis for all applicable SOW Fees and SOW Expenses based on the SOW Services performed by Modernizing Medicine during the preceding month, month and (ii) a monthly basis with respect to any monthly maintenance fees applicable to Medical Practice’s PM Bridge and (iii) an annual basis with respect to any annual maintenance fees applicable to Medical Practice’s PM Bridge. For the avoidance of doubt, Modernizing Medicine shall have no obligation to issue a separate Invoice to Medical Practice with respect to the Implementation Fee. Unless otherwise specified in the applicable Statement of Work, all amounts specified in a SOW Invoice are due upon the issuance of such SOW Invoice by Modernizing Medicine. Unless otherwise specified in the applicable Statement of Work, Medical Practice will pay each such SOW Invoice via electronic payment. Medical Practice hereby authorizes Modernizing Medicine to automatically charge Medical Practice’s bank, credit card or other account (the “Account”) designated under the Electronic Payment Authorization Form an amount equal to the sum of any outstanding SOW Fees and SOW Expenses owing to Modernizing Medicine pursuant to any SOW Invoice. Medical Practice shall not, under any circumstances: (i) revoke any authorization to charge the Account for any SOW Fees or SOW Expenses owing under this Agreement or any Statement of Work or (ii) contest any charges to the Account, which are made by Modernizing Medicine in accordance with this Agreement or any applicable Statement of Work.

SOW Payment Terms. Unless otherwise specified in this Agreement, Modernizing Medicine shall send an invoice (each, a “SOW Invoice”) to Medical Practice Med Spa on (i) a monthly basis for all applicable SOW Fees and SOW Expenses based on the SOW Services performed by Modernizing Medicine during the preceding month, month and (ii) a monthly basis with respect to any monthly maintenance fees applicable to Medical Practice’s PM Bridge and (iii) an annual basis with respect to any annual maintenance fees applicable to Medical PracticeMed Spa’s PM BridgeBridge (if any). For the avoidance of doubt, Modernizing Medicine shall have no obligation to issue a separate Invoice to Medical Practice Med Spa with respect to the Implementation Fee. Unless otherwise specified in the applicable Statement of Work, all amounts specified in a SOW Invoice are due upon the issuance of such SOW Invoice by Modernizing Medicine. Unless otherwise specified in the applicable Statement of Work, Medical Practice Med Spa will pay each such SOW Invoice via electronic payment. Medical Practice Med Spa hereby authorizes Modernizing Medicine to automatically charge Medical PracticeMed Spa’s bank, credit card or other account (the “Account”) designated under the Electronic Payment Authorization Form an amount equal to the sum of any outstanding SOW Fees and SOW Expenses owing to Modernizing Medicine pursuant to any SOW Invoice. Medical Practice Med Spa shall not, under any circumstances: (i) revoke any authorization to charge the Account for any SOW Fees or SOW Expenses owing under this Agreement or any Statement of Work or (ii) contest any charges to the Account, which are made by Modernizing Medicine in accordance with this Agreement or any applicable Statement of Work.