Common use of Payment Term Clause in Contracts

Payment Term. We determine all the contributions and administration costs monthly on the basis of the changes and (updated) information supplied. You pay the contribution and administration costs monthly before the due dates. The sending dates and due dates for the invoices are stated in the instructions on the Aegon Cappital employer portal. If you have opted for European business-to-business direct debit, we collect the amount two days before the due date. The due date is also stated on the invoice. You will be reimbursed for contributions and administration costs that you paid for a participant after the date of his/her leaving employment. If he/she leaves on the 15th of the month, for example, you will be reimbursed for half of the contribution and administration costs for that month. It is important that you pay the invoices in full and in time. If you pay only part of the invoice amount or if you pay after the due date, then the amount concerned will not be invested in time. Money that cannot be processed because we received it too late will only be invested as of the next month, after full payment of the invoice. We will not owe you interest on any such money.

Payment Term. We determine all the contributions premiums and administration costs monthly on the basis of the changes and (updated) information supplied. You pay the contribution premium and administration costs monthly before the due dates. The sending dates and due dates for the invoices are stated in the instructions manual on the Aegon Cappital employer portalportal provides information regarding the dispatch dates and due dates of the invoices. If you have opted for European business-to-business direct debit, we collect the amount two days before the due date. The due date is also stated on the invoice. You will be reimbursed for contributions premiums and administration costs that you paid for a participant after the date of his/her leaving employment. If he/she leaves on the 15th of the month, for example, you will be reimbursed for half of the contribution premium and administration costs for that month. It is important that you pay the invoices in full and in on time. If you pay only part of the invoice amount or if you pay after the due date, then the amount concerned will not be invested in on time. Money that cannot be processed because we received it too late will only be invested as of the first working day of the next month, after full payment of the invoice. We will not owe need to pay you any interest on any such moneythis amount.

Payment Term. We determine all the contributions premiums and administration costs monthly on the basis of the changes and (updated) information supplied. You pay the contribution premium and administration costs monthly before the due dates. The sending dates and due dates for the invoices are stated in the instructions manual on the Aegon Cappital employer portalportal provides information regarding the dispatch dates and due dates of the invoices. If you have opted for European business-to-business direct debit, we collect the amount two days before the due date. The due date is also stated on the invoice. You will be reimbursed for contributions premiums and administration costs that you paid for a participant after the date of his/her leaving employment. If he/she leaves on the 15th of the month, for example, you will be reimbursed for half of the contribution premium and administration costs for that month. It is important that you pay the invoices in full and in on time. If you pay only part of the invoice amount or if you pay after the due date, then the amount concerned will not be invested in on time. Money that cannot be processed because we received it too late will only be invested as of the first working day of the next month, after full payment of the invoice. We will not owe need to pay you any interest on any such moneythis amount.

Payment Term. We determine all the contributions and administration costs monthly on the basis of the changes and (updated) information supplied. You pay the contribution and administration costs monthly before the due dates. The sending dates and due dates for the invoices are stated in the instructions on the Aegon Cappital employer portal. If you have opted for European business-to-business direct debit, we collect the amount two days before the due date. The due date is also stated on the invoice. You will be reimbursed for contributions and administration costs that you paid for a participant after the date of his/her leaving employment. If he/she leaves on the 15th of the month, for example, you will be reimbursed for half of the contribution and administration costs for that month. It is important that you pay the invoices in full and in time. If you pay only part of the invoice amount or if you pay after the due date, then the amount concerned will not be invested in time. Money that cannot be processed because we received it too late will only be invested as of the next first working day of the following month, after full payment of the invoice. We will not owe you interest on any such money.

Payment Term. We determine all the contributions premiums and administration costs monthly on the basis of the changes and (updated) information supplied. You pay the contribution premium and administration costs monthly before the due dates. The sending dates and due dates for the invoices are stated in the instructions manual on the Aegon Cappital employer portalportal provides information regarding the dispatch dates and due dates of the invoices. If you have opted for European business-to-business direct debit, we collect the amount two (2) days before the due date. The due date is also stated on the invoice. You will be reimbursed for contributions premiums and administration costs that you paid for a participant after the date of his/her leaving employment. If he/she leaves on the 15th of the month, for example, you will be reimbursed for half of the contribution premium and administration costs for that month. It is important that you pay the invoices in full and in on time. If you pay only part of the invoice amount or if you pay after the due date, then the amount concerned will not be invested in on time. Money that cannot be processed because we received it too late will only be invested as of the first working day of the next month, after full payment of the invoice. We will not owe need to pay you any interest on any such moneythis amount.