Payment Terms and Structure Clause Samples

The Payment Terms and Structure clause defines how and when payments will be made between the parties involved in an agreement. It typically outlines the schedule of payments, such as upfront deposits, milestone payments, or final balances, and may specify acceptable payment methods and any applicable late fees or penalties. By clearly establishing the timing and method of payments, this clause helps prevent misunderstandings and disputes over financial obligations, ensuring both parties are aware of their responsibilities and the consequences of non-compliance.
Payment Terms and Structure. Each party shall bear its own costs with respect to fulfilling its respective responsibilities under the memorandum of understanding. No activities of this memorandum of understanding shall cause either party to obligate funds or other resources without prior approval.
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Payment Terms and Structure. The Client acknowledges that the Service Provider will render services and produce content in advance. Payment for these services will be structured over the term of this Agreement, either as a lump sum or in monthly installments, as detailed in the provided quotation and confirmation email. Strict adherence to the agreed payment schedule is required.
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Payment Terms and Structure 
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Related to Payment Terms and Structure

  • Payment Terms and Conditions 67.6.1 CLEC shall pay a Transit Service Charge as set forth in Table 1 for any Transit Traffic routed to CenturyLink by CLEC. 67.6.2 CLEC shall be responsible for payment of Transit Service charges on Transit Traffic routed to CenturyLink by CLEC and for any charges assessed by the terminating carrier. CLEC agrees to enter into traffic exchange agreements with third-parties prior to routing any Transit Traffic to CenturyLink for delivery to such third parties, and CLEC will indemnify, defend and hold harmless the Transit Service provider against any and all charges levied by such third-party terminating carrier with respect to Transit Traffic, including but not limited to, termination charges related to such traffic and attorneys’ fees and expenses.

  • Changes to these Terms and Conditions Reserving the right to change these terms and conditions. We reserve the right to change or add to these terms and conditions from time to time for legal, safety or other substantive reasons or in order to assist the proper delivery of education at the School. The School will send you notice of any such modifications prior to the end of the penultimate term before the modifications are to take effect.

  • Standard Terms and Conditions Executive expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are incorporated herein by reference, deemed a part of this Agreement and are binding and enforceable provisions of this Agreement. References to “this Agreement” or the use of the term “hereof” shall refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.