Billing and Payment Process Clause Samples

The Billing and Payment Process clause defines the procedures and timelines for invoicing and settling payments between parties. Typically, it outlines when invoices must be issued, acceptable payment methods, and the timeframe within which payments are due, such as 30 days from receipt of invoice. This clause ensures both parties have a clear understanding of their financial obligations, reducing the risk of disputes and facilitating smooth financial transactions.
Billing and Payment Process. The billing and payment process shall be in accordance with Schedule 1.
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Billing and Payment Process. This documentation shall be submitted with the invoice for payment to the Institution.
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Billing and Payment Process. 11.3.1 [Not used] 11.3.2 [Not used] 11.3.3 [Not used] 16 ISO GRID OPERATIONS COMMITTEE; CHANGES TO ISO PROTOCOLS.
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Billing and Payment Process. On a monthly basis, AUCS shall deliver to ISC a monthly invoice listing the charges and applicable taxes payable by Infonet for provision of the Services, rendered in the previous month, provided pursuant to this Agreement. ISC shall pay the AUCS Invoice within 60 days of receipt provided that, on the first anniversary of the Effective Date, the payment period shall be reviewed by the Parties with a view to reducing it to 45 days from receipt of invoices. ISC is expressly responsible for paying AUCS regardless of whether or not its customers have paid for their use of the applicable Services.
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Billing and Payment Process. 1) As consideration for the DIA Services, the Wholesaler shall pay BTC the amounts outlined in Annex 4. All amounts stated are exclusive of Value Added Tax. 2) BTC shall issue to the Wholesaler within 30 Calendar Days of each billing period an invoice in writing or in such electronic form as may be agreed from time to time. 3) The Wholesaler shall pay the amount of the invoice no later than twenty (20) Working Days from the date of receipt of the relevant invoice
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Billing and Payment Process. The basis for Contractor's initial compensation shall be based on a current annual count performed jointly by the Contractor and the City and approved by the City. The count will become effective with the commencement of service and shall be revised at the end of each month thereafter. The foregoing not withstanding, in the event of major population changes or number of service units increase by operation or unusual events such as annexations or development activities, either the City or the Contractor may request a special count be performed. The City will provide the Contractor with all available information on customer changes, other than a provided herein. a. The City or its designee will act as the billing and collection agent for Residential Collection Services provided by Contractor pursuant to contract, including those accounts that are delinquent. At such time a delinquent account is collected by the City, payment will be made to the Contractor. The Contractor and City will review the customer list prepared by the City on a monthly or on a quarterly basis to address discrepancies between customers billed and customers collected. b. The Contractor shall be entitled to payment for all curbside services included in the monthly rate for Residential Unit as such rates are collected by the City. Contractor shall submit statements to the City within ten (10) days following the end of the month and collect from the City for all services provided pursuant to Section 5.0, Scope and Nature of Service; provided the City shall only collect for monthly curbside services to Residential Units, and Contractor shall be responsible for billing and collecting for all special collections provided to Residential Units. The City shall be responsible for taking reasonable action to collect delinquent Residential Unit accounts. c. Within thirty (30) days after the City receives the monthly statement for services provided to Residential Units by the Contractor, the City will send Contractor payment based on the unit count and funds actually collected. The payment by the City will include only the fees and charges collected by the City (including delinquents payments), fee and less any penalties or collection costs collected by the City. The City will give Contractor notice each month that identifies the Residential Units to which Contractor will not receive payment and services should be suspended or terminated. The City will give Contractor separate notice for monies coll...
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Billing and Payment Process 
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Related to Billing and Payment Process

  • Billing and Payment The Price will be itemized and included on your bill from the DSP and is due and payable to the DSP on the same day your DSP bill is due. You will continue to be billed by your DSP taxes and other charges consistent with filed tariffs at the Illinois Commerce Commission to transmit and distribute the Retail Power supplied to you per this Agreement. You should continue to follow any bill payment procedures set forth between you and the DSP. You agree to accept the measurements as determined by the DSP for purposes of accounting for the amount of Retail Power services provided by Homefield Energy under this Agreement. If the DSP is unable to read your meter, the DSP will estimate your usage and your charges will be calculated accordingly and adjusted on a future bill. Homefield Energy’s ability to supply you under this Agreement is conditioned on the DSP accepting Homefield Energy’s enrollment of your account for consolidated billing and purchase of receivables by the DSP. If you are not eligible for your DSP’s consolidated billing and purchase of receivables, you will need to secure eligibility with your DSP before Homefield Energy can serve you. Should the DSP cease providing consolidated billing and purchase of receivables for your account and/or commence billing Homefield Energy for any charges relating to you, Homefield Energy will bill you directly and you will pay Homefield Energy for all such charges pursuant to the payment provisions specified in Homefield Energy’s bill.

  • Billing and Payments Transmission Provider shall bill the Interconnection Customer for the Costs associated with the facilities contemplated by this ISA, estimates of which are set forth in the Specifications to this ISA, and the Interconnection Customer shall pay such Costs, in accordance with Section 11 of Appendix 2 to this ISA and the applicable Interconnection Construction Service Agreement. Upon receipt of each of Interconnection Customer’s payments of such bills, Transmission Provider shall reimburse the applicable Interconnected Transmission Owner. Pursuant to Section 212.4 of the Tariff, Interconnection Customer requests that Transmission Provider provide a quarterly cost reconciliation:

  • Billing and Payment Terms 3.1 You acknowledge and agree that NCR Voyix will charge all applicable fees and charges due to the payment card or other form of non-invoice payment method that you provided to NCR Voyix: (a) at the beginning of each billing cycle for all recurring fees for the Service; (b) at the end of the billing cycle for all transaction fees incurred during the billing cycle; (c) upon Order placement and prior to shipment of any Hardware purchased outright or subject to the terms of an Extended Payment Program (as defined below) when applicable; and (d) upon Order placement for any additional services that are not included as part of the recurring fees for the Service. NCR Voyix or its vendor may charge an additional fee for payments processed by credit card. 3.2 You agree to maintain current, valid payment and contact information (including telephone number and email address) on file. You certify to NCR Voyix that you are authorized to provide the payment card or other form of non-invoice payment method to NCR Voyix and that you will not dispute the payment with your credit card company or your financial services provider as long as the transaction corresponds to these terms. You acknowledge that your payment authorization will remain in effect until it is canceled by you in writing. 3.3 NCR Voyix may charge late fees on unpaid, undisputed amounts. Late fees will be the lesser of 1.5% per month of the unpaid amount, or any applicable limit imposed by law. In the event that your account becomes delinquent, you agree to pay all collection costs incurred by NCR Voyix, including reasonable attorney’s fees and expenses.

  • Rates and Payment Process Subject to the SAA, the Project Funding for the provision of the Services shall be as specified in Appendix A to this PFA.

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