Methods and Amounts Clause Samples

The "Methods and Amounts" clause defines how specific calculations or payments are to be made under the agreement, including the procedures and formulas used to determine amounts owed. In practice, this clause may outline the steps for calculating fees, reimbursements, or damages, and specify the timing and manner of payment. By clearly establishing the methods and amounts, the clause ensures transparency and consistency in financial dealings, reducing the risk of disputes over payment calculations.
Methods and Amounts. Section 15 of the General Terms (Payment Methods and Amounts) applies to the Service, even in circumstances where the External Account is closed and we are attempting to return funds to such Account.