Information and Payment Sample Clauses
The Information and Payment clause outlines the obligations of parties to provide necessary information and to make payments as required under the agreement. Typically, this clause specifies what information must be shared, such as invoices, account details, or supporting documentation, and sets out the timing and method for making payments. Its core practical function is to ensure transparency and timely financial transactions between parties, reducing the risk of misunderstandings or disputes over payment terms.
Information and Payment. Each invoice must include sufficient information and supporting documents to establish to the Director’s satisfaction that the Consultant is entitled to the payment requested. The City will pay the undisputed portion of the invoice amount within 20 Business Days of the Director’s approval of such undisputed amount.
Information and Payment a) The organisation must provide a profile of itself to the principal on signing this document. The profile is to include details of:
i) corporate status, if any;
ii) any registration or compliance with any Western Australian or Australian regulatory legislation;
iii) the principal business of the organisation;
iv) ownership and control of the organisation;
v) the names, contact details and positions held of the key personnel involved in school visits/study tours; and
vi) such other information as may be requested by the coordinator.
b) A deposit of twenty per cent (20%) of the actual cost is to be paid to the school four (4) weeks prior to the first day of the commencement of a school visit/ study tour.
c) The balance of the actual cost which is outstanding is to be paid no later than the first day of the commencement of the school visit/study tour.
d) If a booking for a school visit/study tour is made less than four (4) weeks prior to the commencement of the school visit/study tour, the organisation will pay to the school the full amount quoted.
e) In the event of a cancellation, no refund is payable unless at least one week's notice before the first day of the commencement of the school visit/study tour has been given, in which case fifty per cent (50%) of any amount paid will be refunded.
f) If the principal considers that the deposit and payment conditions should be varied, and the organisation is in agreement, any new payment arrangements are to be set out in writing and documented as a change to the relevant conditions.