Payable Monthly Clause Samples

The "Payable Monthly" clause establishes that payments under the agreement are to be made on a monthly basis. This means that any fees, rent, or other recurring charges must be settled once every month, typically on a specified date such as the first or last day of the month. By setting a clear payment schedule, this clause helps ensure regular cash flow for the recipient and provides predictability for both parties, reducing the risk of missed or late payments.
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Payable Monthly. The Capacity Bonus shall be divided by --------------- 12 and shall be paid over a 12 month term beginning with September of each Contract Year.
Payable Monthly. Charges and additional terms relevant for the provision of Digital Payments : Direct Debit (DDFM)