Common use of Transactional Basis Clause in Contracts

Transactional Basis. If a Customer pursuant to a Product Overview is granted a licence to any Transactional Service, the use or supply of any Transactional Service will be governed by the terms of this Agreement and will be invoiced at the end of every calendar month, with payment for the use and/or supply of any Transactional Service payable within 30 days following the date of delivery of an invoice. The type of access used by the Customer is specified in the SLA which is expressly incorporated and forms part of this Agreement.

Transactional Basis. If a Customer pursuant to a Product Overview is granted a licence to any Transactional Service, the use or supply of any Transactional Service will be governed by the terms of this Agreement and will be invoiced at the end of every calendar month, with payment for the use and/or supply of any Transactional Service payable within 30 days following the date of delivery of an invoice. The type of access used by the Customer is specified in the SLA which is expressly incorporated into and forms part of this Agreement.