Common use of Payment Liability Clause in Contracts

Payment Liability. Monthly licence fees are due the first of each month in advance. Any revenue share invoices are calculated on a NET revenue basis and due net 30 day of receipt of invoice, unless otherwise specified. Net revenue is gross revenue less fees. ISOCRATES shall pay the applicable Revenue Share, via PayPal or Credit Card, at ISOCRATES’s option, subject to receipt of the Company Reports confirming monthly ISOCRATES measurements and fee calculation, unless stated otherwise in the signed Insertion Order. Email correspondence from Company will be sufficient to confirm ISOCRATES reports. Any third party vendor service negotiated by iSOCRATES on behalf of Company will be approved by Company. Direct use services will be billed to Company directly. Any shared third party vendor services managed by iSOCRATES and used by Company will be billed to Company each month as a transparent pass through cost. For example, shared services may include, but are not limited to, ad serving, data serving, viewability, brand safety, ad blocking, video player, among others. Revenue share calculations shall be net of fees.

Payment Liability. Monthly licence fees are due the first of each month in advance. Any revenue share invoices are calculated on a NET revenue basis and due net 30 day of receipt of invoice, unless otherwise specified. Net revenue is gross revenue less fees. ISOCRATES iSOCRATES shall pay the applicable Revenue Share, via PayPal or Credit Card, at ISOCRATESiSOCRATES’s option, subject to receipt of the Company Reports confirming monthly ISOCRATES iSOCRATES measurements and fee calculation, unless stated otherwise in the signed Insertion Order. Email correspondence from Company will be sufficient to confirm ISOCRATES iSOCRATES reports. Any third party vendor service negotiated by iSOCRATES on behalf of Company will be approved by Company. Direct use services will be billed to Company directly. Any shared third party vendor services managed by iSOCRATES and used by Company will be billed to Company each month as a transparent pass through cost. For example, shared services may include, but are not limited to, ad serving, data serving, viewability, brand safety, ad blocking, video player, among others. Revenue share calculations shall be net of fees.