Common use of Date for Payment Clause in Contracts

Date for Payment. The Authority shall pay to the Contractor the Termination Sum, together with any interest at the Prescribed Rate on or before the date falling forty (40) Business Days after the Termination Date.

Appears in 4 contracts

Sources: Contract for the Provision of Education Services, Contract for the Provision of Education Services, Contract for the Provision of Education Services

Date for Payment. The Authority shall pay to the Contractor the Termination Sum, together with any interest at the Prescribed Rate on or before the date falling forty thirty (4030) Business Days after the Termination Date.

Appears in 1 contract

Sources: Contract for the Provision of Secure Escort Services for Children and Young People