Billing Day definition

Billing Day as used in this Agreement shall mean eight hours of work, not including travel time to and from the Company. In the event that Consultant incurs less than two (2) Billing Days of service in any given month, such unused time shall accrue to the credit of the Company for future use. In the event that Consultant incurs more than two (2) Billing Days of service in any given month, such excess time shall accrue to the credit of Consultant and be offset against future requirements in the Company’s discretion. However, Consultant shall obtain the prior consent of the Chief Executive Officer of the Company to provide services in excess of twenty-four (24) Billing Days per year. Consultant shall send the Company written notice of his actual time spent performing consulting services hereunder within ten (10) days following the end of each calendar quarter during the term of this Agreement. Any time spent on activities or services provided to the Company relating to Consultant’s membership on the Company’s Board of Directors or any committee thereof, if applicable, shall not be included in the calculation of Consultant’s time spent performing consulting services under this Agreement.”
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Billing Day means a Day in a Billing Period;
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Billing Day as used in this Agreement shall mean eight hours of work, not including travel time to and from the Company. In the event that Consultant incurs less than two (2) Billing Days of service in any given month, such unused time shall accrue to the credit of the Company for future use. In the event that Consultant incurs more than two (2) Billing Days of service in any given month, such excess time shall accrue to the credit of Consultant and be offset against future requirements in the Company’s discretion. However, Consultant shall obtain the prior consent of the Chief Executive Officer of the Company to provide services in excess of twenty-four (24) Billing Days per year.
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Examples of Billing Day in a sentence

  • The Servicer shall assess and collect a 5% late-payment penalty (the “Penalty”) on all Transition Charges billed to an REP but not paid by that REP by the close of business on the 35th day after the REP Billing Day.

  • Such payment shall entitle the Company to two (2) Billing Days of Consultant’s time per month, at three thousand dollars ($3,000) per Billing Day.

  • The amount of such late-payment penalty shall be 5% of the amount of TC Collections that were billed on the REP Billing Day and not paid on or before the calendar day immediately preceding the Penalty Assessment Day.

  • The Servicer shall assess and collect a 5% late-payment penalty (the “Penalty”) on all System Restoration Charges billed to an REP but not paid by that REP by the close of business on the 35th day after the REP Billing Day.

  • Your Monthly Billing Day determines when your first monthly billing period commences.

  • CWI Billing Days are the 1st, 11th, and 22nd of each month, All accounts are billed on or about their Billing Day.

  • Such payment shall entitle the Company to three (3) Billing Days of Consultant’s time per month, at three thousand dollars ($3,000) per Billing Day.

  • Suppose the Start Date of the loan is January 1, 2007, the Billing Day is set to be 1 and term of the loan is 12 months, the program will calculate the Maturity Date as December 31, 2007 and will run the first billing on January 1, 2007 calculating interest adjustment for one day.

  • Default Billing Day If you want every loan to be billed on certain day of the month, enter the day in this field (1 to 31) otherwise enter 0 in which case the loan will be billed on the day on which it was started.

  • Accounting Cycle: USER's accounting cycle begins on the Service commencement date and unless adjusted, this day of the month becomes the "Billing Day".


More Definitions of Billing Day

Billing Day means the business day the Cardholders account is billed and a statement is prepared.
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Billing Day means the day for each calendar month between day 1 and day 28 from which and to which the Billing Period starts and ends.
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