1. The Price shall be calculated and invoiced on monthly basis by the Second Party. The Second Party shall conclude the Price of the Services performed in the previous month and issue an invoice thereof to the First Party by the third (3rd) business day of the following month.
2. The First Party shall pay the invoiced Price by remitting the sum to the bank account to be designated by the Second Party by the twenty-fifth (25th) day of the invoiced month.
3. The Parties agree and consent that either Party may off-set any amounts entitled to the other Party under this Agreement with the amounts owing to the other Party on the condition that the amount being off-set is already due and payable. The Party making such off-set shall notify the other Party thereof in writing without delay.