Tracking; Payment Sample Clauses
The "Tracking; Payment" clause establishes the procedures for monitoring the delivery or performance of goods or services and outlines the corresponding payment obligations. Typically, this clause specifies how the parties will track progress, such as through delivery receipts, milestone reports, or other documentation, and details when and how payments are to be made based on these tracked events. Its core function is to ensure that payments are tied to verifiable performance or delivery, thereby reducing disputes and providing clarity on when financial obligations are triggered.
Tracking; Payment. Restrictions
1. Affiliate Fee. The Affiliate Fee shall be calculated as follows:
Tracking; Payment. ▇▇▇▇▇▇▇.▇▇▇ uses a third party software program to handle all referral tracking. Should this service suddenly become available and/or no longer fit for purpose and no suitable alternative is available, again we reserve the right to end this Agreement by giving written notice. Affiliates who have earned commission will be notified of their balance and will receive a Debit Note from Profoil. To receive payment, you are expected to raise an Invoice to Profoil in order for payment of affiliate commission. You are expected to earn a commission balance of 50 GBP or more before each payment is made. Profoil will keep track of your running balance. Payments will be made within two weeks of the date of receiving the invoice. Payment will be made by bacs to the account specified upon your Invoice. You must invoice Profoil within 4 weeks of receiving your Debit Note. Your Invoice must equal the Debit Note amount and be subject to standard EU VAT regulation procedures. For international affiliates, if you choose to invoice Profoil in an alternative currency, this must be completed within the 4 week deadline and be correctly converted to reflect the same Debit Note value in GBP.
Tracking; Payment