Initial bill definition
Examples of Initial bill in a sentence
This field defaults to Tax on Initial Bill and should not be changed.
Customer will be billed (the "Initial Bill") an amount equal to (i) all non-recurring charges indicated in the Purchase Order(s) and the monthly recurring charges the "Recurring Bill")for the first month of services and each month thereafter.
It is estimated that two (2) Bill of Materials will be provided by Telcordia for the oper▇▇▇▇n of the Interim NAP, one (1) Initial Bill of Materials to support the operation of the Interim NA▇ ▇▇ring the first quarter of 2001 and one (1) Quarterly Bill of Materials to support the operation of the Interim NA▇ ▇▇ring the second quarter of 200l.
The estimated amounts provided in SECTION 6 are based on the Telcordia Provided Hardware and Software, which shall be identified in the Initial Bill of Materials.
Any initial amount paid above and beyond the Initial Bill will remain as a credit on the account to be applied to future charges.
Any payment not received within fifteen (15) days of the invoice date of the Initial Bill and thirty (30) days of the invoice date of a Recurring Bill (respectively, a “Payment Default”) will accrue a late fee at the lesser of 2.5% per 30 days or the maximum rate permitted by law.