Final date for payment Clause Samples

The 'Final Date for Payment' clause establishes the latest possible date by which a payment must be made under a contract. In practice, this clause sets a clear deadline following the due date for payment, often calculated as a fixed number of days after an invoice is issued or a payment becomes due. By specifying this timeframe, the clause ensures both parties are aware of their obligations and helps prevent disputes or delays related to late payments.
Final date for payment. The final date for payment shall be 28 days from the due date for payment.
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Final date for payment. The final date for payment of any sum specified in a payment notice in accordance with clause 50.7 or a Pay Less Notice in accordance with clause 50.8 is 10 Working Days after the later of: 50.9.1 the due date; or 50.9.2 the receipt by the Commissioner of a valid VAT invoice in accordance with clause 50.21.
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Final date for payment. 8.1 The Client, subject to any pay less notice (referred to in Clause 8.2), pays the Consultant the sum referred to in the Client’s payment notice under Clause 7.2 (or, if the Client has not given notice under Clause 7.2, the sum stated in the invoice referred to in Clause 7.1) (the ‘notified sum’) on or before the final date for payment of the invoice. The final date for payment is 14 days after the due date. 8.2 If the Client intends to pay less than the notified sum, it gives the Consultant notice of that intention not later than seven days before the final date for payment by specifying the amount the Client considers to be due to the Consultant at the date the notice is given and the basis on which that sum is calculated (the ‘pay less notice’). Where a pay less notice is given, the payment to be made on or before the final date for payment is not less than the amount stated as due in the pay less notice. 8.3 In relation to the requirements for the giving of notices under Clauses 7 and 8, it is immaterial that the amount then considered to be due may be zero.
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Final date for payment. 8.1 The Client, subject to any pay less notice (referred to below), pays the Consultant the sum referred to in the Client’s payment notice under Clause 7.2 (or, if the Client has not given notice under Clause 7.2, the sum stated in the invoice referred to in Clause 7.1) (the “notified sum”) on or before the final date for payment of the invoice. The final date for payment is 14 days after the due date. 8.2 If the Client intends to pay less than the notified sum, it gives the Consultant notice of that intention not later than 7 days before the final date for payment by specifying the amount the Client considers to be due to the Consultant at the date the notice is given and the basis on which that sum is calculated (the “pay less notice”). Where a pay less notice is given, the payment to be made on or before the final date for payment is not less than the amount stated as due in the pay less notice. Provided that this Clause does not apply where the Client is a residential occupier under the Housing Grants, Construction and Regeneration Act 1996 (as amended). 8.3 In relation to the requirements for the giving of notices under ▇▇▇▇▇▇ 7 and 8, it is immaterial that the amount then considered to be due may be zero.
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Final date for payment. The final date for payment by CEC is 30 days after the due date.
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Final date for payment. (1) Where the parties to a construction contract fail to provide a final date for payment in relation to any sum which becomes due under a construction contract, the provisions of Clause 40(2) shall apply. 40(2) The final date for the making of any payment of a kind, and specifically those payments mentioned in Clauses 38(3) – 38(7) and 41(5) – 41(7), shall be 17 days from the date that payment becomes due.
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Related to Final date for payment

  • Due date for payment The settlement date for each Tax Invoice issued by the Distributor must be the 20th day of the month in which the Tax Invoice is received, or if the 20th day of the month is not a Working Day, the first Working Day after the 20th day. However, if the Distributor fails to send a Tax Invoice to the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates, the due date for payment is extended by 1 Working Day for each Working Day that the Tax Invoice is late.

  • Release for Payment Upon receipt by the Collateral Custodian of the Servicer’s request for release of documents and receipt in the form annexed hereto as Exhibit M (which certification shall include a statement to the effect that all amounts received in connection with such payment or repurchase have been credited to the Collection Account as provided in this Agreement), the Collateral Custodian shall promptly release the related Required Loan Documents to the Servicer.

  • Time for Payment Interconnection Customer must provide the additional Security, in a form and with terms as required by Section 212.4, within 15 days after its receipt of Transmission Provider’s notice under this section. The requirement for additional Security under this section shall be treated as a milestone included in the Interconnection Service Agreement pursuant to Section 212.5.

  • Application for Payment The form acceptable to Owner that is to be used by the Contractor during the course of the Work in requesting payment from the Owner and that is to be accompanied by such supporting documentation as is required by the Contract Documents.

  • Basis for Payment DFPS is not obligated to pay unauthorized costs or to pay more than Grantee’s allowable and incurred costs consistent with 45 Code of Federal Regulations (CFR) 75, Subpart E (Cost Principles). Grantee is responsible for submitting invoices in an accurate and timely manner for each service period and for notifying DFPS of a need to expedite payment. DFPS will make reasonable efforts to process all bills received in an accurate and timely manner but does not warrant immediate payment.