Common use of Due Date and Invoice Clause in Contracts

Due Date and Invoice. Subject to the provisions of Section 9.5, all amounts stated on each monthly invoice are due and payable thirty (30) days from the date SBCS receives the invoice ("Due Date"); provided, however, that SBCS may deduct from any amount due, any credit or remedy amount authorized under Sections 5 or 27 for Willxxxx' xxilure to meet the identified performance specifications. SBCS shall itemize the credit or remedies which are deducted from the payment. SBCS shall remit payment to Willxxxx xx the remittance address. In the event SBCS fails to make full payment the undisputed amounts to the proper address by the Due Date, SBCS shall also pay a late fee in the amount of the lesser of one and one-half percent (1 1/2%) of the unpaid balance per month or the maximum lawful rate under applicable state law which shall accrue from the Due Date. SBCS acknowledges and understands that all charges are computed exclusive of any applicable federal, state or local use, excise, valued added, gross receipts, sales and privilege taxes, tax or charge levied to support the Universal Fund contemplated by the Communications Act, taxes on Payphone Charges, duties, fees or similar liabilities (other than general income or property taxes imposed on Willxxxx), xhether charged to or against Willxxxx, xx SBCS associated with the Service or Other Service provided to SBCS ("Additional Charges"). Such Additional Charges are not classified as Service charges and shall be paid by SBCS in addition to all other charges provided for herein.

Appears in 3 contracts

Samples: Transport Services Agreement (Williams Communications Group Inc), Transport Services Agreement (Williams Communications Group Inc), Transport Services Agreement (Williams Communications Group Inc)

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Due Date and Invoice. Subject to the provisions of Section 9.56.3.5, all -------------------- amounts stated on each monthly invoice are due and payable thirty thirty-five (3035) days from the date SBCS receives of the invoice ("Due Date"); provided, however, that SBCS SBC may (i) deduct from any amount due, due any credit or remedy amount authorized under Sections 5 or 27 Article VII for Willxxxxthe Operating Companies' xxilure failure to meet the identified performance specificationsspecifications set forth in Addendum 2, and any Disputed Amounts, in accordance with Section 6.3.5. SBCS , and (ii) apply all or a portion of the unused balance of the Prepayment for Services as provided in Section 3.3 above, subject to the conditions and limitations set forth in said Section 3.3. SBC shall itemize the credit or remedies which that are deducted from the payment. SBCS , SBC shall remit payment to Willxxxx xx the Operating Companies at the remittance address. In the event SBCS SBC fails to make full payment of the undisputed amounts to the proper address by the Due Date, SBCS SBC shall also pay a late fee in the amount of the lesser of one and one-half percent (1 1/2%) of the unpaid balance per month or the maximum lawful rate under applicable state law which shall accrue from the Due Date. SBCS SBC acknowledges and understands that all charges are computed exclusive of any applicable federal, state or local use, excise, valued added, gross receipts, sales and privilege taxes, tax or charge levied to support the Universal Service Fund contemplated by the Communications Act, taxes on Payphone Charges, duties, fees or similar liabilities (other than general income or property taxes imposed on WillxxxxCovad), xhether whether charged to or against WillxxxxCovad, xx SBCS or SBC associated with the Service or Other Service Covad Products provided to SBCS SBC ("Additional Charges"). Such Additional Charges are not classified as Service charges and shall be paid by SBCS SBC in addition to all other charges provided for hereinin this Agreement.

Appears in 1 contract

Samples: Resale Agreement (Covad Communications Group Inc)

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