Common use of Monthly Recurring Charges Clause in Contracts

Monthly Recurring Charges. Usage Charges and other charges for services provided under this Agreement shall be payable as follows: 3.2.1 All Monthly Recurring Charges for services provided under this Agreement will be billed in advance of usage and shall be paid by CUSTOMER to NVT, without demand or setoff, within 5 days after the date of the NVT invoice. 3.2.2 All Usage Charges, if applicable, for services provided under this Agreement will be billed following the month in which actual usage occurred and shall be paid by CUSTOMER to NVT, without demand or setoff, within 10 days after the date of the NVT invoice.

Monthly Recurring Charges. Usage Charges and other charges for services provided under this Agreement shall be payable as follows: 3.2.1 All Monthly monthly Recurring Charges for services provided under this Agreement will be billed in advance of usage and shall be paid by CUSTOMER to NVT, without demand or setoff, within 5 days after the date of the NVT invoice. 3.2.2 All Usage Charges, if applicable, for services provided under this Agreement will be billed following the month in which actual 7 days post usage occurred and shall be paid by CUSTOMER to NVT, without demand or setoff, within 10 3 days after the date of the NVT invoice.