Interim Billing definition
Examples of Interim Billing in a sentence
These will be calculated at the Interim Billing and the Final Billing.
During the Interim Billing Period, Seller shall take preparatory steps to cause the name of Buyer, telephone contact numbers and email contact information, for Buyer, to appear on all invoices and SME Customer communications as is provided or approved by Buyer.
If, by the end of Year 5 the cumulative Actual ▇▇▇▇▇▇▇▇ attributed to Years 1-5 in Chart 1 above (“Years 1-5 Actual ▇▇▇▇▇▇▇▇”) do not equal or surpass Reseller’s cumulative Interim Billing Target attributed to those Years (“Years 1-5 Interim Billing Target”), then within [*] of the end of Year 5, Reseller shall pay to SFDC a “true up” amount equal to the difference between the Years 1-5 Interim Billing Target and the Years 1-5 Actual ▇▇▇▇▇▇▇▇ (the “Year 5 Shortfall Payment”).
At Buyer’s sole expense with respect to any third party expenses incurred by Seller (with Seller giving Buyer prior notice of the expected incurrence of such expenses), Seller shall cooperate in good faith and provide Buyer with reasonable assistance necessary in order to allow Buyer to collect the Interim Accounts Receivable, including withholding the submission of Seller’s forms to deactivate its NPI number, or change its bank account during the Interim Billing Period.
If Actual ▇▇▇▇▇▇▇▇ during any given Year fail to meet that Year’s Interim Billing Target set forth in Chart 1, either Party may implement the Escalation Plan.
The parties shall cooperate to manage billing and collection during the period (the "Interim Billing Period") that begins on the Closing and concludes on the date that Buyer advises Seller that it has completed the transition of billing systems and functions.
Each Interim Billing shall be accompanied by a letter from the Project Manager confirming the amount requested and the reason for the request.
If Actual ▇▇▇▇▇▇▇▇ during any given Year exceed the Year’s Interim Billing Target, the overage will count towards the next Year’s Interim Billing Target.
During the 90 day period after the Closing Date, VMDC shall engage Praxis to provide the required services under such Billing Service Contract pursuant to an Interim Billing Services Agreement in the form attached hereto as Exhibit “C.”.
At the end of each Year, the Parties will compare the Actual ▇▇▇▇▇▇▇▇ during the Year to the Interim Billing Target for that Year.