Initial Invoice and Initial Payment Sample Clauses

The "Initial Invoice and Initial Payment" clause defines the process by which the first payment is requested and made under an agreement. Typically, this clause specifies when the initial invoice will be issued—such as upon contract signing or project commencement—and outlines the timeframe and method for the client to make the corresponding payment. By establishing clear expectations for the initial financial transaction, this clause ensures both parties are aligned on payment timing and helps prevent disputes or delays at the outset of the business relationship.