Common use of Statements for Fees Clause in Contracts

Statements for Fees. Statements for fees will be sent via electronic mail to Customer within the first five (5) business days following the end of the Service Period. If Customer does not dispute the statements within five (5) days of receipt, then Customer’s designated bank account will be automatically debited approximately fifteen (15) days following the date of the statement. Statements for one-time, training, and consulting fees and other reimbursable expenses will be sent via electronic mail to Customer following the performance of the Services. If Customer does not dispute the statement within five (5) days of receipt, then Customer’s designated bank account will be automatically debited ten (10) days from the date of the statement. Customer agrees that Company may include the fees due under the FSB Agreement as a line item charge on Customer’s monthly statement for the software services.