Common use of Payment Method and Term Clause in Contracts

Payment Method and Term. 4.2.1 The service fees shall be calculated as of the effective date of this Agreement; 4.2.2 The payment shall be made according to the following methods: Parry B shall send to Party A a ▇▇▇▇ for the service rendered in last month. After receiving the ▇▇▇▇, Party A shall confirm its reasonableness and settle the ▇▇▇▇ by check no later than the 20th day of each month. 4.2.3 For the first month of the fees for server hosting, if Party A does not have a full month services, Party B shall calculate the actual service fees according to the actual days that Party A use such services: Service Fee = (monthly rent/numbers of the days of the Month)* Actual Days. 4.2.4 For the last month of the fees for server hosting, if Party A terminate the lease and it does not have a full month services, Party B shall calculate the actual service fees according to the actual days that Party A use such services: Service Fee = (monthly rent/numbers of the days of the Month)* Actual Days.

Payment Method and Term. 4.2.1 The service fees shall be calculated as of the effective date of this Agreement; 4.2.2 The payment shall be made according to the following methods: Parry Party B shall send to Party A a ▇▇▇▇ for the service rendered in last month. After receiving the ▇▇▇▇, Party A shall confirm its reasonableness and settle the ▇▇▇▇ by check no later than the 20th day of each month. 4.2.3 For the first month of the fees for server hosting, if Party A does not have a full month services, Party B shall calculate the actual service fees according to the actual days that Party A use such services: Service Fee = (monthly rent/numbers of the days of the Month)* Actual Days. 4.2.4 For the last month of the fees for server hosting, if Party A terminate the lease and it does not have a full month services, Party B shall calculate the actual service fees according to the actual days that Party A use such services: Service Fee = (monthly rent/numbers of the days of the Month)* Actual Days.