Common use of Program Billing Types Clause in Contracts

Program Billing Types. At the time Royal Bank and the Customer establish the Commercial Card Program, the Customer will have to choose between two (2) billing option types for each Customer Account that is opened: corporate billing (“Corporate Billing”) or individual billing (“Individual Billing”). The Customer can also decide to combine Corporate Billing or Individual Billing with Finance Office billing (“Finance Office Billing”) for a Customer Account, at any time. These designations provide the means by which Royal Bank will bill the Relevant Party. Once Corporate Billing or Individual Billing has been selected for a Customer Account, the Customer cannot change the selected choice unless the entire Customer Account is closed and a new one is opened. The Customer can however add Finance Office Billing to, or remove Finance Office Billing from, a Customer Account at any time, without having to close the Customer Account and open a new one.

Program Billing Types. At the time Royal Bank and the Customer establish the Commercial Card Program, the Customer will have to choose between two (2) billing option types for each Customer Account that is opened: corporate billing (“Corporate Billing”) or individual billing (“Individual Billing”). The Customer can also decide to combine Corporate Billing or Individual Billing with Finance Office billing (“Finance Office Billing”) for a Customer Account, at any time. These designations provide the means by which Royal Bank will bill xxxx the Relevant Party. Once Corporate Billing or Individual Billing has been selected for a Customer Account, the Customer cannot change the selected choice unless the entire Customer Account is closed and a new one is opened. The Customer can however add Finance Office Billing to, or remove Finance Office Billing from, a Customer Account at any time, without having to close the Customer Account and open a new one.

Program Billing Types. At the time Royal Bank and the Customer establish the Commercial Card Program, the Customer will have to choose between two (2) billing option types for each Customer Account that is opened: corporate billing (“" Corporate Billing”") or individual billing (“" Individual Billing”"). The Customer can also decide to combine Corporate Billing or Individual Billing with Finance Office billing (“" Finance Office Billing”") for a Customer Account, at any time. These designations provide the means by which Royal Bank will bill xxxx the Relevant Party. Once Corporate Billing or Individual Billing has been selected for a Customer Account, the Customer cannot change the selected choice unless the entire Customer Account is closed and a new one is opened. The Customer can however add Finance Office Billing to, or remove Finance Office Billing from, a Customer Account at any time, without having to close the Customer Account and open a new one.

Program Billing Types. At the time Royal Bank and the Customer establish the Commercial Card Program, the Customer will have to choose between two (2) billing option types for each Customer Account that is opened: corporate billing (“Corporate Billing”) or individual billing (“Individual Billing”). The Customer can also decide to combine Corporate Billing or Individual Billing with Finance Office billing (“Finance Office Billing”) for a Customer Account, at any time. These designations provide the means by which Royal Bank will bill the Relevant Party. Once Corporate Billing or Individual Billing has been selected for a Customer Account, the Customer cannot change the selected choice unless the entire Customer Account is closed and a new one is opened. The Customer can however add Finance Office Billing to, or remove Finance Office Billing from, a Customer Account at any time, without having to close the Customer Account and open a new one.