Common use of Transition Billing Clause in Contracts

Transition Billing. In order to facilitate an orderly transition, the start date of this Agreement will be the date the Equipment is delivered to you or a date designated by us, as shown on the first invoice. If a later start date is designated, in addition to all Payments and other amounts due hereunder, you agree to pay us a transitional payment equal to 1/30th of the Payment, multiplied by the number of days between the date the Equipment is delivered to you and the designated start date. The first Payment is due 30 days after the start of this Agreement and each Payment thereafter shall be due on the same day of each month.

Appears in 11 contracts

Samples: Lease With Maintenance Agreement Application Number Agreement, Lease With Maintenance Agreement Application Number Agreement, Lease With Maintenance Agreement Application Number Agreement

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