Your Payment Responsibilities Clause Samples
The 'Your Payment Responsibilities' clause defines the obligations of a party to make timely and complete payments as specified in the agreement. It typically outlines when payments are due, acceptable methods of payment, and any consequences for late or missed payments, such as interest charges or suspension of services. This clause ensures that both parties have a clear understanding of payment expectations, reducing the risk of disputes and helping to maintain the financial stability of the contractual relationship.
Your Payment Responsibilities. You are responsible to pay for the Services on time and in full (unless the law provides otherwise). We invoice for Services one month in advance. Invoices are due 18 days from the bill cycle date. A late payment is defined as anything received after that date. Failure to pay your invoice on time could result in Lively suspending or disconnecting your account or assessing a late fee. In addition, failure to pay may result in Lively seeking legal action against you. You are responsible for all costs and expenses related to the collection of your unpaid fees, including attorneys’ fees. You are also responsible for directly paying all charges for Services provided to you by others (such as emergency service providers).
Your Payment Responsibilities. You are responsible to pay for the Services on time and in full (unless the law provides otherwise). We invoice for Services one month in advance. Payment is due 18 days from the invoice date (“Payment Due Date”). A late payment in defined as anything received after Payment Due Date. Failure to timely pay your invoice could result in Lively suspending or disconnecting your account. You are also responsible for directly paying all charges for Services provided to you by others (such as emergency service providers).