Frequency of Invoicing and Terms of Payment. Contractor shall submit invoices monthly or at the end of the Work, describing in reasonable detail the services (and goods, if any) provided in the preceding month. Payment shall be made by University within thirty (30) days after University’s receipt of an invoice and acceptance of services rendered under this Agreement. Notwithstanding anything to the contrary in this Agreement, University may withhold payment to Contractor hereunder if and for so long as University finds any of Contractor’s services to be defective, untimely, unsatisfactory or Contractor otherwise fails to perform any of its obligations or otherwise is in default; provided, however, that any such holdback shall be limited to an amount sufficient in University’s reasonable opinion to cure any such default or failure of performance by Contractor.
Frequency of Invoicing and Terms of Payment. Subject to the conditions herein, payment shall be made by District within thirty (30) days upon receipt of Contractor’s invoice for goods delivered or services rendered pursuant to this Contract. The Contractor’s standard invoice shall be submitted after satisfactory completion of services on a monthly basis. District has no obligation to pay for services that are not satisfactorily performed or performed in violation of federal, state or local law, ordinance, rule or regulation. In the case of a dispute about satisfactory performance of services, the parties agree to work in good faith to resolve any disputes. If either party does not dispute an invoice in writing within 180 days of receipt of the invoice, no action challenging the invoice may be taken. As applicable, for all agreed upon work performed by Contractor or Contractor’s personnel in the provision of goods and/or services stipulated herein, District shall pay Contractor at the hourly or per diem rates as set forth in the applicable Exhibit B. Payment shall be made to Contractor based on the hours recorded provided such hours are in accordance with the terms of this Contract. Notwithstanding anything to the contrary, and without limitation, District has not promised or guaranteed any minimum amount of work, and Contractor understands and acknowledges same. District has no obligation to pay for overtime or holiday work, nor will it pay premiums for overtime and holidays.
Frequency of Invoicing and Terms of Payment. Supplier shall submit invoices upon completion of the Milestones. If no Milestones are set forth in the Scope of Work, the Parties hereby agree that Supplier shall invoice Xxxxxxx upon the completion and Acceptance of the Services and/or the Deliverables. Payment is due net thirty (30) days from Xxxxxxx’x receipt of Supplier’s undisputed invoice following completion and Acceptance of the Services and/or the Deliverables. All payments shall be in U.S. dollars. Unless otherwise agreed to by the Parties in the Scope of Work, alternative payment terms have to be approved by Xxxxxxx’x Office of Procurement Services. All transactions contemplated under this Agreement shall be encumbered on an approved purchase order through Xxxxxxx’x Office of Procurement Services. Unless otherwise directed by Xxxxxxx, invoices shall be e-mailed to Xxxxxxx’x Accounts Payable (xxxxxxxxxxxxxxx@xxxxxxx.xxx) with the corresponding Xxxxxxx purchase order set forth in the invoice(s).
Frequency of Invoicing and Terms of Payment. Vendor shall invoice Xxxxxxx for the Services as set forth in the applicable SOW and payment shall be due net thirty (30) days from Xxxxxxx’x receipt of Vendor’s undisputed invoice. All invoices shall include documentation satisfactory to Xxxxxxx to substantiate the amount of the invoice. All payments must be in U.S. dollars. Unless otherwise agreed to by the Parties in the SOW, alternative payment terms have to be approved by Xxxxxxx’x Office of Procurement Services. In the event Xxxxxxx fails to pay such invoices in a timely manner, Vendor shall provide Xxxxxxx with a written notice of non-payment.
Frequency of Invoicing and Terms of Payment. Owner’s Representative shall submit invoices monthly, describing in reasonable detail the services (and goods, if any) provided in the preceding month. Payment shall be made by Owner within 30 days after Owner’s receipt of an invoice and acceptance of services rendered under this Agreement. Notwithstanding anything to the contrary in this Agreement, the Owner may withhold payment to the Owner’s Representative hereunder if and for so long as the Owner finds any of the Owner’s Representative’s services to be defective, untimely, unsatisfactory or Owner’s Representative otherwise fails to perform any of its obligations or otherwise is in default; provided, however, that any such holdback shall be limited to an amount sufficient in Owner’s reasonable opinion to cure any such default or failure of performance by Owner’s Representative.
Frequency of Invoicing and Terms of Payment. Owner’s Representative shall submit invoices monthly, describing in reasonable detail the services (and goods, if any) provided in the preceding month. Along with each invoice, Owner’s Representative shall also include: (a) a statement identifying all subcontractors who have performed all or a portion of the Work in connection with the invoice then submitted, and a certification that all subcontractors identified as having provided work or materials within all prior invoices have been paid by Owner’s Representative; and (b) data, assurances or other documentation as may be reasonably required by Owner establishing performance, payment or satisfaction of Owner’s Representative’s obligations arising out of this Agreement due as of the then applicable invoice, such as receipts or releases and waivers of liens and/or claims, if any. Payment shall be made by Owner within forty-five (45) days after Owner’s receipt of an invoice and acceptance of services rendered under this Agreement. Notwithstanding anything to the contrary in this Agreement, the Owner may withhold payment to the Owner’s Representative hereunder if and for so long as the Owner finds any of the Owner’s Representative’s services to be defective, untimely, unsatisfactory, incomplete or Owner’s Representative otherwise fails to perform any of its obligations or is in default; provided, however, that any such holdback shall be limited to an amount sufficient in Owner’s reasonable opinion to cure any such default or failure of performance by Owner’s Representative or to otherwise protect Owner’s interests. Owner shall notify Owner’s Representative of any such holdback and the reasons therefore within forty five (45) days of its receipt of the subject invoice, and the parties shall make every effort to resolve the disputed portion of the invoice. No interest shall accrue on disputed invoices.
Frequency of Invoicing and Terms of Payment. Vendor shall invoice Xxxxxxx for the Services as set forth in the applicable Order and payment shall be due net thirty (30) days from Xxxxxxx’x receipt of Vendor’s undisputed invoice. All invoices shall include documentation satisfactory to Xxxxxxx to substantiate the amount of the invoice. For invoices that are not subject to any dispute, Xxxxxxx shall receive a prompt payment discount of two percent (2%) of the invoice amount if such invoice is paid within fifteen (15) days of the date of invoice. Xxxxxxx shall not be responsible for paying any invoices received one hundred and twenty (120) days after Services such invoices related to are completed. All payments must be in U.S. dollars. All contract transactions shall be encumbered on an approved Order through Xxxxxxx’x Office of Procurement. In the event Xxxxxxx fails to pay such invoices in a timely manner, Vendor shall provide Xxxxxxx with a written notice of non-payment.
