Your Payment Terms Clause Samples
The 'Your Payment Terms' clause defines the conditions and schedule under which payments must be made by the customer to the service provider or seller. Typically, this clause outlines when invoices are issued, the acceptable methods of payment, and the timeframe within which payment is due, such as 30 days from the invoice date. It may also address late payment penalties or interest charges. The core function of this clause is to ensure both parties have a clear understanding of financial obligations, reducing the risk of disputes and ensuring timely compensation for services or goods provided.
Your Payment Terms. Service is provided to you on a month-to-month basis. Your monthly payments are due, in advance, on the first of the month with your rent payment. You must pay, on or before the day we activate the service, the first month’s service charges, any activation charges, and any due or past due amounts. Your first month’s service charges may include pro- rated charges from the date you first begin receiving Service, as well as monthly recurring charges for the next month and charges for non-recurring services you have received. We do not waive our rights to collect the full balance owed to us by accepting partial payment. We will apply the partial payment to the outstanding charges in the amounts and proportions that we determine.
Your Payment Terms. 30 days nett and also 60 days nett (See Condition 14.5(h))
Your Payment Terms. Service is provided to you on a month-to-month basis. Your monthly payments are due, in advance, on the first of the month with your rent payment. Your first month’s service charges may include pro-rated charges from the date you first begin receiving Service, as well as monthly recurring charges for the next month and charges for non-recurring services you have received. We do not waive our rights to collect the full balance owed to us by accepting partial payment. We will apply the partial payment to the outstanding charges in the amounts and proportions that we determine.