P ayment Terms Clause Samples

P ayment Terms. Payment will be paid in arrears. Payment will be net 30 days after receipt of an invoice in a format acceptable to the County. Invoices shall be verified and approved by the County and subject to routine processing requirements. The responsibility for providing an acceptable invoice to the County for payment rests with the Contractor. Incomplete or incorrect invoices are not acceptable and will be returned to the Contractor for correction. Billing shall cover services and/or goods not previously invoiced. The Contractor shall reimburse the County for any monies paid to the Contractor for goods or services not provided or when goods or services do not meet the Contract requirements. Payments made by the County shall not preclude the right of the County from thereafter disputing any items or services involved or billed under this Contract and shall not be construed as acceptance of any part of the services.

P ayment Terms a. Training fees payments would be released as per updated cost and process norms document released by ASDM from time to time. b. ASDM shall disburse the payment after all due verifications have been done for the submitted documents as required against each instalment which has been defined in the cost and process norms.

P ayment Terms. [If cost-share is applicable, insert - It is understood and agreed that NYSERDA and the Contractor are sharing the costs for the Work to be performed.] In consideration for this Agreement and as NYSERDA’s full payment for the costs of the performance of all Work, and in respect of all other direct and indirect costs, charges or expenses incurred in connection therewith, NYSERDA shall pay to the Contractor amounts not to exceed the maximum amount set forth in Item 5, Page One of this Agreement for the cost elements identified in the Budget to be funded with NYSERDA funds, subject to the provisions and restrictions contained herein, including, without limitation, the Prompt Payment Policy Statement attached hereto as Exhibit D. NYSERDA is not obligated to make any payments beyond the Expiration Date of this contract. Any funding balances will be disencumbered at that time, unless NYSERDA, in its sole discretion, elects to extend the Expiration Date. Any changes to expiration dates will be effective only if in writing. NYSERDA’s payments shall be on a reimbursement basis, and shall be paid only to the extent that Cash-based Expenses are incurred by the Contractor in performance of the Work in accordance with the provisions of this Agreement, and the following:

P ayment Terms. Unless otherwise specified in an Order, all invoiced amounts will be paid to Koverse within thirty (30) days of receipt of invoice. Customer must notify Koverse of any disputed amounts within thirty (30) days of invoice. Fees not paid when due will be subject to a late fee equal to one and one half percent (1.5%) of the unpaid balance per month or the highest monthly rate permitted by applicable law. In the event Koverse is required to seek legal remedies to enforce collection of any amounts due under this Agreement, Customer agrees to reimburse for all costs associated with collection of that past due amount, including reimbursement of collection and attorney's fees. Unless specifically set forth herein, Koverse will not have any obligation to provide any refunds of any fees to Customer.

P ayment Terms. Unless a different payment schedule is agreed to in writing by Seller, payments for domestic sales are due net thirty (30) days. Late payments are subject to a 1.5% late charge per month, calculated per diem, and Seller’s rights set forth in Section 11. Any payment returned for insufficient funds is subject to a reasonable administrative fee. Payments for export sales to be made in accordance with the specified payment schedule. If required by Seller, Purchaser will cause an irrevocable letter of credit established in favor of Seller on a bank to be designated by Seller. Costs associated with the letter of credit will be to Purchaser's account. Performance schedules are based on receipt of letter of credit within thirty (30) days of award when requested by Seller. Purchaser agrees to furnish Seller with requested credit information. Purchaser’s credit limit is set at Seller’s sole discretion and may be modified at any time based upon Purchaser’s credit risk as determined by Seller. In the event that Purchaser’s credit risk increases, Seller is entitled to modify IN THE LIMITED WARRANTY STATEMENT ARE EXCLUSIVE AND IN LIEU OF ALL OTHER REMEDIES AND GRANTED UNDER APPLICABLE LAW, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF QUALITY, PERFORMANCE AND DESIGNS, WRITTEN, ORAL OR IMPLIED, AND ALL OTHER WARRANTIES INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE OR ARISING FROM COURSE OF DEALING OR USAGE OF TRADE ARE HEREBY EXPRESSLY DISCLAIMED BY SELLER AND ALL EQUIPMENT MANUFACTURERS. Purchaser agrees to defend, indemnify and hold Seller harmless from any third-party claims arising out of the use, sale, or lease of the Equipment or Services and from all expenses, losses and other damages resulting from Purchaser’s breach of any of the terms and conditions herein.

P ayment Terms. 4.1 County shall pay Contractor at the rate of One Hundred Dollars per hour ($100.00). These services include individual therapy and case conferences as needed for client's stability support needs. //

P ayment Terms. Upon execution of each Purchase Order by both Parties, RigNet shall deliver an invoice to Customer specifying the subscription fees payable by Customer pursuant to such Purchase Order. Customer shall pay all subscription fees specified therein within 30 days of the invoice date. Subscription fees are based upon services purchased and not actual usage. Obligations to pay are non-cancelable and payments are non-refundable. Other Services will be invoiced as specified in the applicable Purchase Order. If Customer has not paid any invoice within thirty (30) days of the invoice date, then Customer shall accrue interest at a rate equal to the lesser of (i) 15% per annum and (ii) the maximum rate permitted by law. In the event Customer is delinquent in the payment of any amounts due RigNet, RigNet may suspend access to the Software Subscription and other Services upon seven (7) days advance written notice to Customer. The suspension may continue until such overdue amounts are paid in full. A suspension under this Section 4(b) will not constitute a termination of the Agreement, nor will it relieve Customer of any of its obligations or liabilities under the Agreement.

P ayment Terms. No advance amount will be paid to vendor. Payment will be released only against completion of work by the respective branches. AMC Payment will be done by the branch after submission of half yearly visit report signed by Branch manager of the bank to Regional office. If the firm fails to attend half yearly visit in any branch it will be treated as a lapse in service by the vendor and AMC charge for that half year will be withheld till successful service of the fire equipments in that branch. If the vendor purposefully avoids branches due to any reason for the half year visits then Rs 2000/- penalty per branch will be imposed on the vendor. Such penalty may be recovered from the amount payable to the vendor or AMC charges to be paid by the Bank. If such case reported twice during the contract period, Bank may terminate the contract and recover the penalty amount from bank guarantee. During AMC visit the representative should explain the operation of Fire extinguisher to the employees free of cost which is a mandatory obligation. During AMC visit the representative should give a technical report of Fire extinguisher as given below which clearly reveals the present status/condition of the equipment. Illegible and blank reports will be rejected. Each fire Extinguisher shall have a tag or Label securely attached that indicates the month and year of recharging and AMC visit which identifies the person performing the service. O n completion of Maintenance in a branch, data in the following format is to be Sequential Serial No ofExtinguisher (to Type of Fire Date of Completion of Life of Fire Whether the fire extinguis Date of last HPT, Performance Date of AMC (Mandatory AMC technician s Remarks be numbered by the vendor if no identification no is provided by Manufacturer extin guish er Extinguisher as per BIS standards her is in allotted space. Test and Refill date. (Mandatory in once in three years) once in six months) if any I certify that maintenance task has been completed adhering to IS standards. Signature of Technician Certified that Technician has serviced the fire extinguishers Signature of Branch Manager with seal C.C: AMC register, Vendors file and Regional Security Officer for payment of AMC charges.

P ayment Terms. Seller shall issue an invoice to Buyer on or any time after the completion of delivery and only in accordance with the Terms. Unless otherwise indicated on the face of the Order, Buyer shall pay all properly invoiced amounts due to Seller within thirty (30) days after Buyer's receipt of such invoice, except for any amounts disputed by Buyer in good faith. For the avoidance of doubt, all invoices must include to the associated Order # to be paid. All payments hereunder must be in US dollars and made by check, ACH, wire transfer, or other method of payment acceptable to Buyer. Seller’s cashing of check, or failure to otherwise return payment within thirty (30) calendar days of receipt, shall be deemed acceptance of payment and an acceptance of these Terms.