Subject: North Dakota Sample Letter for Payment Schedule — Ensuring Smooth Payment Activities Dear [Name of Recipient], I hope this letter finds you well. We appreciate your business and would like to ensure that our payment activities are conducted smoothly to maintain a positive relationship. Hence, we are pleased to provide you with a sample payment schedule tailored for North Dakota residents like yourself. North Dakota Sample Letter for Payment Schedule (Type A: Installment Payment Arrangement): 1. Initial Payment: To commence the agreement, we kindly request an initial payment of [specify amount] by [insert date]. This payment will solidify your commitment to fulfilling the remaining payment obligations. 2. Monthly Installments: Following the initial payment, the subsequent [number of months] will be divided into equal installments of [mention the amount or percentage] due by the [insert day of the month; e.g., 1st, 15th]. Please remit these payments promptly to avoid any inconvenience. 3. Late Payment Policy: In case of non-payment or delayed payments, a late fee of [mention the fee or percentage] may be assessed. We urge you to adhere to the agreed-upon payment schedule to avoid any unnecessary charges. North Dakota Sample Letter for Payment Schedule (Type B: Progressive Payment Structure): 1. Initial Deposit: To commence the project, we kindly request an initial deposit of [specify amount] upon signing this agreement. This deposit will secure your spot and enable us to initiate the required preparations. 2. Milestone Payments: As the project progresses, several milestones will be identified. For each milestone completed, we request a payment of [mention the amount or percentage] within [insert timeframe] from the milestone achievement date. 3. Final Payment: Upon successful completion of the project, the remaining balance will be due within [insert timeframe]. We kindly request that you promptly remit this final payment to ensure the project can be concluded smoothly. Please note that the North Dakota Sample Letter for Payment Schedule provided above is customizable to suit your specific needs and can be used as a foundation for your payment arrangements. Make sure to consult with a legal professional or financial advisor to ensure compliance with local regulations. We believe that implementing a structured payment schedule will streamline financial transactions and foster a stronger partnership between us. Should you have any questions or need further clarification regarding these payment terms, please do not hesitate to reach out to our dedicated customer service team. Thank you for your understanding and cooperation. We look forward to a successful partnership and timely payment completion. Warm regards, [Your Name] [Your Position/Title] [Your Company Name] [Contact Information]