Common use of Billing Process Clause in Contracts

Billing Process. Provider will submit invoices to Firm for all Service Fees (other than amounts payable under Section 7.7) and Client Reimbursements (the “Invoice”) on the following schedule: (i) Provider may invoice the Firm for Client Reimbursements incurred by Provider at any time after such Client Reimbursements are incurred. (ii) Provider may issue the first fee invoice (“First Invoice”) with respect to foreclosure services rendered on a File once the Firm is permitted to invoice its Clients, or, if earlier, sixty (60) days after the File is referred to Provider. The First Invoice shall be for 75% of the Service Fees payable with respect to foreclosure services rendered on a File and shall reference any Client Reimbursements previously invoices but not yet paid to Provider by the Firm. (iii) Provider may issue the second fee invoice (“Second Invoice”) with respect to foreclosure services rendered on a File once the Firm is permitted to invoice its Clients or, if earlier, three hundred thirty (330) days after the File is referred to Provider. The Second Invoice shall be for 25% of the Service Fees payable with respect to foreclosure services rendered on the File and shall reference any Client Reimbursements previously invoiced but not yet paid to Provider by the Firm. (iv) In all other cases, the Provider may invoice the Firm for services rendered on a File (the “Non-Foreclosure Invoice”) once the Firm is permitted to invoice its clients for these services or, if earlier, ninety (90) days after the File is referred to Provider or as otherwise agreed by the Provider and the Firm. Provider will, with each Invoice, provide to Firm such information as may be reasonably requested by Firm to support the calculation of such Service Fees. When invoicing its Clients, Firm will include in such invoices all Client Reimbursements previously invoiced by Provider to Firm unless Firm has already invoiced Client for such Client Reimbursements.