Examples of Payment Period in a sentence
The same applies if you have a Fixed Term Agreement and the Direct Debit Payment Period ends after the last day of the Agreement.
Such additional benefit payments will be made in equal monthly installments commencing on the first day of the month following the final payment of the Original Payment Period.
On the expiry of the Initial Term you will be entitled to receive services under this Agreement for the period of each Direct Debit Payment Period that you pay for in advance (being either a weekly, fortnightly or monthly period as specified in the Details) which for the avoidance of doubt constitutes the supply period for the purposes of the Ongoing Agreement after the Initial Term.
Pro Rata Fee For the provision of services pursuant to this Agreement that fall outside of a complete Direct Debit Payment Period A pro-rata amount of your Membership Fee Payable with your first or last direct debit payment.
The Servicing Fee owing shall be calculated based on the initial principal amount of the Securitized Utility Tariff Bonds and shall be paid semi-annually with half of the Servicing Fee being paid on each Payment Date (provided that the first payment may be adjusted for a longer or shorter first Payment Period).