Common use of Collection Policies Clause in Contracts

Collection Policies. BAR is a membership organization which provides services to its members. The services provided are paid for by fees charged to the Members who use those services. Similarly, GALMLS is a subscription-based organization that provides services that are paid for by the fees charged to the Subscribers who use those services. Because BAR and GALMLS have made commitments to outside vendors to provide those services to their Members and/or Subscribers, the fees charged to the Members and/or Subscribers must be collected in a fair, consistent, and timely fashion to ensure the ability of BAR and GALMLS to meet their respective obligations.