Common use of BILLING AND TERMS OF PAYMENT Clause in Contracts

BILLING AND TERMS OF PAYMENT. Commercial and some government ▇▇▇▇▇▇▇▇ are in advance and prices will vary depending upon billing arrangements (annual, quarterly, etc.) and a premium may apply. Where government arrears billing is available, ▇▇▇▇▇▇▇▇ occur at the end of the cycle. Payment terms are net 30 days from date of invoice. If payment has not been received by the due date, Alaris may, at its sole discretion, (a) cancel the invoice for non-payment. If the invoice is cancelled for non-payment, Customer shall be liable for the greater of: (i) the prorated value of the annual service rate of the invoice or (ii) Per-Call charges for any service performed by Alaris, OR (b) place the Customer on Service hold.

BILLING AND TERMS OF PAYMENT. Commercial and some government ▇▇▇▇▇▇▇▇ are in advance and prices will vary depending upon billing arrangements (annual, quarterly, etc.) and a premium may apply. Where government arrears billing is available, ▇▇▇▇▇▇▇▇ occur at the end of the cycle. Payment terms are net 30 days from date of invoice. If payment has not been received by the due date, Kodak Alaris may, at its sole discretion, (a) cancel the invoice for non-payment. If the invoice is cancelled for non-payment, Customer shall be liable for the greater of: (i) the prorated value of the annual service rate of the invoice or (ii) Per-Call charges for any service performed by Alaris▇▇▇▇▇ ▇▇▇▇▇▇, OR (b) place the Customer on Service hold.