MAG. The Contractor shall pay one-twelfth (1/12) of the MAG in advance and without demand or invoice on the first Day of each calendar month. For any period of less than one (1) calendar month during the Contract Term, the MAG shall be prorated. The MAG shall be deemed delinquent if payment is not received by the tenth (10th) Day of the month. Payment of the MAG shall commence upon the Contract Commencement Date.
Appears in 4 contracts
Samples: Lease and Contract, Lease and Contract, Lease and Contract