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"Settlement Terms" means the combination of the number of calendar days in a billing cycle and the number of <br />calendar days following the end of a billing cycle to the date the payment is due. Settlement Terms are expressed <br />as X ft Y, where X is the number of calendar days in the billing cycle and Y is the number of calendar days following <br />the end of a billing cycle to the date the payment is due. <br />55E -287 <br />