Payment Time. Customer shall pay University within 30 calendar days of Customer’s receipt of University’s invoice. In the event that Customer’s payment is more than 45 calendar days past due, University may suspend its services for Customer, and charge Customer 1.5% interest on late amounts. In the event that Customer is more than 60 calendar days past due, University may immediately terminate this Agreement by providing notice to Customer. When providing notice, either party will comply with the Notice section of this Agreement.
Appears in 2 contracts
Sources: Receivable Agreement, Standard Receivable Agreement