Installment Billing Clause Samples

The Installment Billing clause establishes that payments for goods or services will be made in multiple scheduled portions rather than as a single lump sum. Typically, this clause outlines the timing, amount, and conditions for each installment, such as linking payments to project milestones or delivery dates. Its core practical function is to facilitate cash flow management for both parties and to reduce financial risk by aligning payments with progress or delivery.
Installment Billing. In certain cases you may be permitted, at our sole and exclusive discretion, to pay for your coverage on an installment basis. Should you suffer a mechanical failure covered by this Agreement at a time when there are unpaid installments due from you, whether or not such payments are due or overdue, we reserve the right to deduct all or any portion of any unpaid amounts from the amount of loss covered by this Agreement for such incident, or to require payment of the entire remaining unpaid balances prior to covering the loss for you as we deem necessary or desirable. Our failure to exercise any such right on one occasion shall not be deemed a waiver of such right on other occasions.
View SourceView Similar (83)
Installment Billing. With approval of the Company, arrangements may be made for the payment of nonrecurring charges in monthly installments spread over a reasonable period, generally not to exceed one year. All unpaid amounts become due upon termination of service. ADVANCED COMMUNICATIONS SERVICES Effective: 10-28-2018 Wyoming SECTION 2 2. GENERAL REGULATIONS
View SourceView Similar (2)
Installment Billing. 2 Interference or Impairment ........................................................................... 2 Liability ......................................................................................................... 2 Limitations .................................................................................................... 2 (T) (N) Advanced Communications ServicesEffective: 9-20-07 Services Catalog No. 2 Wyoming Section 1Page 9 Release 1
View Source

Related to Installment Billing

  • Monthly Payment City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have 30 days from the receipt of an invoice that complies with all of the requirements above to pay Consultant.

  • Payment Due Dates Notwithstanding the provisions of Sections II and III above, payment due date shall be at least invoice date plus 30 days. If the County is late in issuing an invoice, the contracting entity would always have at least invoice date plus 30 days to pay. If the County is early in issuing an invoice, the contracting entity would still have a payment due date of either 60 days after the beginning of the quarter (quarterly invoices) or 30 days after the beginning of the service month (monthly invoices).

  • Monthly Base Rent With respect to any Payment Date and any Lease Vehicle (other than a Lease Vehicle with respect to which the Disposition Date occurred during such Related Month), the “Monthly Base Rent” with respect to such Lease Vehicle for such Payment Date shall equal the pro rata portion (based upon the number of days in the Related Month with respect to such Payment Date that were included in the Vehicle Term for such Lease Vehicle) of the Depreciation Charge for such Lease Vehicle as of the last day of such Related Month calculated on a 30/360 day basis.