Prompt Payment definition

Prompt Payment means a Payment within the time periods applicable pursuant to Sections 504.3 through 504.5 of this Exhibit in order for NYSERDA not to be liable for interest pursuant to Section 504.6.
Prompt Payment means payment prior to the time when a utility could issue a notice of disconnection for nonpay- ment of an amount not in dispute.
Prompt Payment means payment of a debt due and owing by the Authority pursuant to a Contract before interest accrues thereon pursuant to the provisions of this Part.

Examples of Prompt Payment in a sentence

  • The County’s payment terms are in accordance with Florida Statute 218, Local Government Prompt Payment Act.

  • Payment shall be made in accordance with Florida Statute 218, Local Government Prompt Payment Act.

  • All bills will be paid in accordance with the State Prompt Payment Act as currently enacted (Illinois Compiled Statutes, 30 ILCS 540/).

  • All payments by HHSC under this Contract will be made in accordance with the “Texas Prompt Payment Act,” Chapter 2251 of the Texas Government Code.

  • The City of Houston’s standard payment term is to pay 30 days after receipt of invoice or receipt of goods or services, whichever is later, according to the requirements of the Texas Prompt Payment Act (Tex.


More Definitions of Prompt Payment

Prompt Payment means a payment within the time periods applicable pursuant to Sections 504.3 through 504.5 of this Part in order for the Authority not to be liable for interest pursuant to Section 504.6.
Prompt Payment means payment of a debt due and owing by the CUCF before interest accrues thereon pursuant to this Statement of Prompt Payment Policy.
Prompt Payment means a Payment within the time periods applicable pursuant to Sections
Prompt Payment means a payment within the time periods applicable pursuant to Sections 1.3 through 1.5 of this policy in order for the Authority not to be liable for interest pursuant to Section 1.6.
Prompt Payment means a Payment within the time periods applicable pursuant to Sections 504.3 through
Prompt Payment means payment of a debt due and owing by the Corporation before interest accrues thereon pursuant to the specifications herein.
Prompt Payment means payment prior to the time when a mobile home park operator or mobile home park con- tractor could issue a notice of disconnection for nonpayment of an amount not in dispute.