Common use of Settlement Cycle Clause in Contracts

Settlement Cycle. The settlement cycle is T+1 month; taking January (Month T) as an example, Party A shall post to Party B the settlement data of January (Month T) by the 25th of February (T+1 month), and Party B may log in to the “Partner Service System” provided by Party A to see the settlement statement.

Settlement Cycle. The settlement cycle is T+1 month; taking January (Month T) as an example, Party A shall post to Party B the settlement data of January (Month T) by the 25th of February (T+1 month), and Party B may log in to the “Partner Service System” provided by Party A to see check the settlement statement.