Common use of Payment Cycle Clause in Contracts

Payment Cycle. a) Unless otherwise agreed on in writing, Sellers are paid within 30 (thirty) to 45 (forty-five) days after the end of a calendar month for Transactions completed (GR performed by ▇▇▇▇▇) on that calendar month by Buyers to Sellers via the Website. b) Payout for orders is consolidated on a monthly basis. After the GR month is completed, payments are automatically scheduled after 30-45 days. Please refer to the example below.

Payment Cycle. a) Unless otherwise agreed on in writing, Sellers are paid within 30 (thirty) to 45 (forty-forty- five) days after the end of a calendar month for Transactions completed (GR performed by ▇▇▇▇▇) on that calendar month by Buyers to Sellers via the Website. b) Payout for orders is consolidated on a monthly basis. After the GR month is completed, payments are automatically scheduled after 30-45 days. Please refer to the example below.