Common use of Payment terms Clause in Contracts

Payment terms. a) Usage and Invoicing. Customer will pay all Fees based on: (a) Revolgy’s measurements of Customer’s use of the Services, in relation to which Revolgy’s determination is final; (b) any Reserved Units selected; (c) any Committed Purchases selected; and (d) any Package Purchases selected. Revolgy will invoice Customer on a monthly basis for all Fees accrued at the end of each month (unless otherwise set out at the Fees URL for the applicable SKU). Revolgy has no obligation to provide multiple bills. b) Invoice Disputes. Any invoice disputes must be submitted prior to the payment due date. If the parties determine that certain billing inaccuracies are attributable to Revolgy, Revolgy will not issue a corrected invoice, but will instead issue a credit memo specifying the incorrect amount in the affected invoice. If the disputed invoice has not yet been paid, Revolgy will apply the credit memo amount to the disputed invoice and Customer will be responsible for paying the resulting net balance due on that invoice. c) Purchase Orders. (i) Required. If Customer requires a purchase order number on its invoice, Customer will select “Yes” in the Binding Order section and issue a purchase order to Revolgy. If Customer requires a purchase order number, and fails to provide the purchase order to Revolgy, then Services will not have to be provided until Revolgy receives the purchase order. If Customer requires an updated purchase order to cover its actual usage under this Agreement, then Customer will provide an additional purchase order to Revolgy. If Customer fails to provide an additional purchase order to cover its actual usage, then Customer waives any purchase order requirement and (i) Revolgy will invoice Customer without a purchase order number; and (ii) Customer will pay invoices without a purchase order number referenced. (ii) Not Required. If Customer does not require a purchase order number to be included on the invoice, Customer must select “No” in the purchase order section of the Binding Order. If Customer waives the purchase order requirement, then: (i) Revolgy will invoice Customer without a purchase order; and (ii) Customer will pay invoices without a purchase order. (iii) The parties agree that none of the terms and conditions in any purchase order issued by Customer will apply to or modify this Agreement and that any terms or conditions in such purchase orders are null and void. d) Revising Fees. Notwithstanding Clause 1, letter e), point (ii), Fees may be revised.