Common use of Time for Payments Clause in Contracts

Time for Payments. Subject to clauses 5.8, we will use reasonable endeavours to pay any amounts payable to you under this agreement in respect of a Service within 28 days of the end of the month in which we send the customer their first account for that Service unless the Service Schedule provides otherwise or the amount of the payment due to you is less than $150.00 in which case we may defer payment of that amount until the total amount payable to you exceeds $150.00.