Clause & Effect: Payment Due Dates

Clause & Effect: Payment Due Dates

 

CLAUSE: An invoice for Group charges will be forwarded to Group within thirty (30) days after Group departure. Payment is due within 30 days of invoice date. Any unpaid balance will be subject to 1.5 percent interest charge per month.

EFFECT: What this standard clause doesn't take into effect is charges that might be disputed — either because attrition is due and there is some dispute about calculation or mitigation, or because there are item

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