Payment 1A Clause Samples
The Payment 1A clause establishes the terms and conditions under which a specific payment, referred to as Payment 1A, must be made between parties. Typically, this clause outlines the amount, due date, and method of payment, and may specify any conditions that must be met before the payment is triggered, such as delivery of goods or completion of a milestone. Its core practical function is to ensure both parties have a clear understanding of when and how Payment 1A is to be made, thereby reducing the risk of disputes related to payment timing or obligations.
Payment 1A. For [*****] sold via orders placed by customers using a Sprint owned or authorized Sales Channel. Sprint will pay to Company [*****] (“Payment Percent 1A”) of the total fee(s) actually received by Sprint from a Sprint User for use of the Applications (regardless of the Edition) (“Payment 1A”).
Payment 1A. For [*****](non-blackberry only) sold via orders placed by customers using a Sprint owned or authorized WAP Site (“Sales Channel 1”). Sprint will pay to Company [*****] (“Payment Percent 1A”) of the total fee(s) actually received by Sprint from a Sprint User for use of the Applications (regardless of the Edition) (“Payment 1A”).