The phrase "a payment basis" is correct and usable in written English.
It can be used when discussing the terms or conditions under which payments are made or received.
Example: "The contract specifies that the payment basis will be monthly, with invoices issued at the end of each month."
Alternatives: "payment terms" or "payment structure".
As one of the major uses of electricity in an agrarian economy is to supply power for mechanized water extraction, it seems plausible as households with loan amounts in the 10th quantile (i.e., with smaller loan amounts) may have used the groundwater-based irrigation facilities of affluent larger farmers on a payment basis, rather than possessing their own pumps.
India's National Health Policy (NHP), 2002 states: "To capitalize on the comparative cost advantage enjoyed by domestic health facilities in the secondary and tertiary sectors, NHP-2002 strongly encourages the providing of such health services on a payment basis to service seekers from overseas.
For example, if you had a payment basis of 2 percent on a line with a balance of $20,000, your monthly payment would be ($20,000 times 2 percent equals) $400.
Commercial HIS vendors (compare e.g. the CSC Health Cloud [ 3]) have started to propagate new managed HIS services for their customers and also offer infrastructure as a service on a monthly payment basis.
Thus, a total premium of $10,000 payable over a period of 10 years at $1,000 a year shall be considered payable on a level payment basis.
For purposes of this subdivision (b), premiums will be considered payable on a level payment basis if the total premium under the contract is payable in equal annual or more frequent installments.
Renewal of subscription If you pay for your subscription on a single payment basis in advance (see payment section above), we will remind you by email or by post (to the address given to us by you) when your subscription is due to expire and invite you to renew your subscription.
Carsharing typically involves a fleet of vehicles in stations around a city, which clients may use on an hourly payment basis.
(9) The transfer of securities to the customer segregated custodial account is made on a delivery versus payment basis in immediately available funds.
"I could see a future where computers, instead of having their own internal memory, their own bandwidth, their own internet connection--and your own home computer, the CPU and GPU cycles on your device--all of that could be outsourced on a per-use payment basis using tokens," he says.
Justice White said the Court wanted to decide whether the "risk of loss" taken by lawyers who take such cases on a contingency-payment basis is a reason to enhance their "reasonable" hourly rates when awarding fees.
