Common use of Frequency of Payment Clause in Contracts

Frequency of Payment. Payment among the Parties for E-ZPass Plus transactions shall be made in accordance with the Settlement & Revenue Reconciliation provisions of the Reciprocity I Agreement. Notwithstanding an agreement between two (2) or more Parties as to the settlement of toll transactions, [T]the settlement of such E-ZPass Plus transactions shall be made no less than once per month, but may be made more frequently for E-ZPass Plus transactions as agreed between two (2) or more Parties. Subdivision 6 of Section B of Article III is amended to read as follows:

Frequency of Payment. Payment among the Parties for E-ZPass Plus transactions shall be made in accordance with the Settlement & Revenue Reconciliation provisions of the Reciprocity I Agreement. Notwithstanding an agreement between two (2) or more Parties as to the settlement of toll transactions, [T]the The settlement of such E-ZPass Plus transactions shall be made no less than once per month, but may be made more frequently for E-ZPass Plus transactions as agreed between two (2) or more Parties. Subdivision 6 of Section B of Article III is amended to read as follows:.

Frequency of Payment. Payment among the Parties for E-ZPass Plus transactions shall be made in accordance with the Settlement & Revenue Reconciliation provisions of the Reciprocity I Agreement. Notwithstanding an agreement between two (2) or more Parties parties as to the settlement of toll transactions, [T]the the settlement of such E-ZPass Plus transactions shall be made no less than once per month, but may be made more frequently for E-ZPass Plus transactions as agreed between two (2) or more Parties. Subdivision 6 of Section B of Article III is amended to read as follows:.