Common use of Initial Billing Clause in Contracts

Initial Billing. The total amount of the Subsidy Funds payable during the Initial Period will be billed to the Company or, if instructed by Company, Company’s authorized agent by HSL after the closing of each Authorized Employee’s Mortgage Loan at an address agreed to by the parties. The Company agrees to pay HSL the full amount of the invoice within thirty (30) days of the invoice date.

Appears in 2 contracts

Sources: Master Subsidy Agreement, Master Subsidy Agreement