Postpaid Clause Samples
The Postpaid clause establishes that payment for goods or services will be made after they have been delivered or rendered. In practice, this means the customer receives the product or service first and is then invoiced, typically with a set period to pay, such as 30 days after delivery. This arrangement facilitates smoother transactions by allowing the buyer to verify receipt and quality before payment, and it helps manage cash flow for both parties.
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Postpaid. If we are providing you with Postpaid Services, you will be billed monthly in advance. Your account will be assigned a billing date (“Billing Date”). On your first bill there will be Charges for any Services which were provided between your start date and Billing Date, so the total monthly Charges on your first bill may be different from the amount shown on your Critical Information Summary. Your bill will include Charges for your Rate Plan, your Add-ons and your Pay-Per-Use Services, Additional Usage Charges and any additional Fees, plus applicable taxes. Your bill is payable on receipt. Make sure you pay on time because all amounts owing which are not paid by you or received by Quadro by your next Billing Date are overdue and you will be charged and must pay interest at the rate of 1.25% per month (16.08% per year) (“Late Payment Charges”) on all overdue amounts calculated and compounded monthly from the Billing Date.