Weekly Billing definition

Weekly Billing. Commencing after the end of the first week of Services and continuing every week thereafter, Teltran shall deliver via facsimile or e-mail transmission an invoice and weekly traffic report to the Customer, which invoice and report shall set forth the actual amount and cost of Services rendered to Customer during the immediately preceding week according to Teltran's records. The billing cycle shall begin 00:00 on Monday. Such invoice may also contain any appropriate debits or credits to previous invoices rendered to Customer. Upon receipt of the invoice the Customer shall, within three (3) business days, deliver the undisputed invoice amount via wire transfer for deposit in Teltran's account. Any disputed portions of invoices will be addressed per Section 5.3; however, non-disputed portions of invoices shall be payable within three (3) business days per the above. In the event that the amount of unpaid traffic exceeds the Surety amount, the Customer shall within forty-eight (48) hours of written notification from Teltran, deliver to Teltran an increase to the Surety for a sum equal to the difference between the invoice amount and the previous Surety. Should the actual usage regularly exceed the Surety amount, Customer will have the option to make more frequent payments to obviate the requirement of increasing the amount of the Surety. Teltran reserves the right to immediately discontinue Service should unpaid traffic exceed the value of the Surety with prior written notice to Customer.
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Examples of Weekly Billing in a sentence

  • Following each Weekly Billing Period, Subscriber has from Monday at 12 noon UTC until Friday at 23:59 UTC to review the Freelancer’s billing records and file a dispute through the Platform if Subscriber disputes the hours billed by the Freelancer (the “Subscriber Review Period”).

  • Weekly Billing The State shall request funds weekly for the program.

  • Weekly Billing - ITD The State shall request funds once a week at the same time funds are requested for composite clearance pattern.

  • Weekly Billing Cycle Funds will be requested weekly for expenditures incurred during the State's seven-day billing cycle.

  • Billing Cycle Grace Period Change in Prime Rate Revenue Share Adjustment Weekly 3 Day 0.50% 0.010% For example, if Prime Rate is 5.00% at the end of a calendar quarter and the Customer has a Weekly Billing Cycle and a 3-Day Grace Period, Commerce will reduce percentages in all revenue share tiers by 2 basis points (0.02%).

  • Weekly Billing Cycle Funds will be requested weekly for expenditures incurred during the States seven day billing cycle.

  • Following each Weekly Billing Period, Subscriber has from Monday at 12 noon UTC until Friday at 23:59 UTC to review the Freelancer’s billing entries in their Work Diary and file a dispute through the Platform if Subscriber disputes the hours billed by the Freelancer (the “Subscriber Review Period”).

  • Currently the Weekly Billing Statement is producing two summary page per account.

  • Weekly Billing: WTN will bill the Client/Responsible Party on a weekly basis.

  • Following each Weekly Billing Period, Subscriber has from Monday at 12 noon UTC until Friday at 23:59 UTC to review the Freelancer’s billing entries in their Work Diary and file a dispute through the Platform if Subscriber disputes the hours billed by the Freelancer(the “Subscriber Review Period”).