Common use of Payments and Deductions Clause in Contracts

Payments and Deductions. Streamray will remit the amounts due to Customer on a semi- monthly basis as follows: the 1st through 15th, and the 16th through the month end (each, a "Payment Period"). The timing of the Payment Period may be modified at Streamray's sole discretion and upon notice to Customer. Streamray will use commercially reasonable efforts to remit the applicable payment, if any, to Customer within five (5) business days following the end of the applicable Payment Period. Streamray will withhold any taxes or other funds as required by law, and may also further deduct amounts necessary to cover Chargebacks and Credits. Streamray will make the final determination if any Chargeback or Credit is valid and appropriate.

Payments and Deductions. Streamray will remit the amounts due to Customer on a semi- monthly basis as follows: the 1st through 15th, and the 16th through the month end (each, a "Payment Period"). The timing of the Payment Period may be modified at Streamray's sole discretion and upon notice to Customer. Streamray will use commercially reasonable efforts to remit the applicable payment, if any, to Customer within five (5) business days following the end of the applicable Payment Period. Streamray will withhold any taxes or other funds as required by law, and may also further deduct amounts necessary to cover Chargebacks and Credits. Streamray will make the final determination if any Chargeback or Credit is valid and appropriate.