Payment by Shipper. LMM shall provide Shipper with the necessary information and authorization to allow electronic payment to LMM’s designated account. On or before the ***, Shipper shall remit payment electronically for all amounts due LMM as set forth on the statement described in Section 5.2. If the *** is a Saturday, Sunday or legal holiday, then payment shall be *** Day of the Month on a Day which is not a Saturday, Sunday or legal holiday.
Payment by Shipper. (a) The Shipper must pay each invoice by electronic funds transfer to a bank account nominated by the Service Provider in the Annexure relating to the Service or as otherwise notified to the Shipper from time to time, such payment to be made on or before the 20th Day of the following Month in respect to which the invoice is issued, or 15 Days after the Shipper receives the invoice, whichever is later.
Payment by Shipper. (a) The Shipper must pay each invoice by electronic funds transfer to a bank account nominated by the Service Provider in the Annexure relating to the Service or as otherwise notified to the Shipper from time to time, such payment to be made on or before the 20th Day of the following Month in respect to which the invoice is issued, or 7 Business Days after the Shipper receives the invoice, whichever is later (Payment Due Date). Notwithstanding the foregoing, the Service Provider shall not exercise its right under clause 18.3(g) to draw down or call upon the Adequate Assurance for non- compliance with this clause 20.3(a) unless payment remains outstanding for 4 Business Days after the Payment Due Date.
