Common use of PAYMENT AND INVOICES Clause in Contracts

PAYMENT AND INVOICES. As a requirement for doing business with ▇▇▇▇▇, Seller shall be paid electronically pursuant to the option selected by Seller in Buyer’s Supplier Portal, provided that Seller sends an undisputed invoice for the billing period to ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. Seller will not be paid unless Seller is registered in Buyer’s Supplier Portal. Access to the Supplier Portal can be granted by contacting ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. Buyer’s standard payment term for payment in full is net thirty (30) days from the date an undisputed invoice is received by its Accounts Payable Department, provided that Seller selects ACH in the Supplier Portal. Seller can select an accelerated electronic payment method, Virtual Payables/EFT1, via their profile in the Supplier Portal. Buyer will not be liable for late payment charges. The Purchase Order number must appear on all invoices, packing slips, shipping documents and labels. In addition, invoices must specify the location at which the Services were provided, the dates of and actual work performed during the billing period, and the specific dollar amount due. All taxes must be itemized on the invoice. The terms and conditions of this Agreement supersede any terms that may be included on Seller’s invoice. Any change to the amount due under the Purchase Order that exceeds ten percent (10%) or twenty-five dollars ($25.00) shall require a formal change order prior to Seller’s performance of additional work or the additional items, and Buyer acknowledges that work will not be undertaken until that formal change order has been approved by Buyer. Seller is an independent contractor and shall be solely responsible for all taxes, contributions and premiums with respect to the payments hereunder. If this Agreement contemplates reimbursement of Seller’s travel and/or other business expenses, ▇▇▇▇▇▇ agrees to obtain and comply with ▇▇▇▇▇’s Travel Policies and Procedures and Buyer’s Expense Policies and Procedures, as applicable, and ▇▇▇▇▇ shall reimburse Seller in accordance with such policies and procedures. Foreign Nationals are subject to 30% withholding on payments received in the United States unless the foreign national claims a treaty exemption by submitting a Form 8233 or W8. In the event of a payment dispute, ▇▇▇▇▇ shall have the right to withhold payment until such dispute has been resolved.

PAYMENT AND INVOICES. As a requirement for doing business with ▇▇▇▇▇University, Seller Contractor shall be paid electronically pursuant to the option selected by Seller the Contractor in Buyerthe University’s Supplier Portal, provided that Seller Contractor sends an undisputed invoice for the billing period to ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. Seller Contractor will not be paid unless Seller Contractor is registered in Buyer’s the Supplier Portal. Access to the Supplier Portal can be granted by contacting ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. BuyerUniversity’s standard payment term for payment in full is net thirty (30) days from the date an undisputed invoice is received by its Accounts Payable Department, provided that Seller Contractor selects ACH in the Supplier Portal. Seller Contractor can select an accelerated electronic payment method, Virtual Payables/EFT1, via their profile in the Supplier Portal. Buyer University will not be liable for late payment charges. The Purchase Order number must appear on all invoices, packing slips, shipping documents and labels. In addition, invoices must specify the location at which the Services were provided, the dates of and actual work performed during the billing period, and the specific dollar amount due. All taxes must be itemized on the invoice. The terms and conditions of this Agreement supersede any terms that may be included on SellerContractor’s invoice. Any change to the amount due under the related Purchase Order that exceeds ten percent (10%) or twenty-five dollars ($25.00) shall require a formal change order prior to SellerContractor’s performance of additional work or the additional items, and Buyer University acknowledges that work will not be undertaken until that formal change order has been approved by BuyerUniversity. Seller Contractor is an independent contractor and shall be solely responsible for all taxes, contributions and premiums with respect to the payments hereunder. If this Agreement contemplates reimbursement of SellerContractor’s travel and/or other business expenses, ▇▇▇▇▇▇ Contractor agrees to obtain and comply with ▇▇▇▇▇University’s Travel Policies and Procedures and BuyerUniversity’s Expense Policies and Procedures, as applicable, and ▇▇▇▇▇ University shall reimburse Seller Contractor in accordance with such policies and procedures. Foreign Nationals are subject to 30% withholding on payments received in the United States unless the foreign national claims a treaty exemption by submitting a Form 8233 or W8. In the event of a payment dispute, ▇▇▇▇▇ University shall have the right to withhold payment until such dispute has been resolved.

PAYMENT AND INVOICES. As 1. The Contractor shall perform the work called for in each Task Assignment issued under this Contract on a requirement Time and Materials basis. The Contractor shall receive compensation, as specified herein, for doing business services and work performed up to the ceiling price established for each Task Assignment. NDEQ shall not be obligated to pay the Contractor any amount incurred in excess of the ceiling price of each Task Assignment. 2. Labor costs will be computed by multiplying the applicable charge rate for the employee in question by the actual direct labor hours worked. The charge rate for each employee performing work under this Contract shall be based on the approved hourly rates contained in Appendix A, Contractor Charge Rates. Fractional parts of any hour shall be payable on a prorated basis. 3. The cost of subcontracts that are authorized pursuant to the requirements and restrictions contained in the RFP shall be reimbursable costs in accordance with ▇▇▇▇▇Appendix A, Seller Contractor Charge Rates. 4. Direct cost items and services are defined as those materials which enter directly into the end product or which are used or consumed directly in connection with the furnishing of such product. Allowable costs of direct materials, supplies, services, etc., shall be determined by NDEQ. The Contractor shall be reimbursed for direct cost items and services purchased for the Contract, in accordance with Appendix A, Contractor Charge Rates. 5. The Contractor shall, to the extent of its ability, procure materials at the most advantageous prices available with due regard to securing prompt delivery of satisfactory materials, and take all cash and trade discounts, rebates, allowances, credits, salvage, commissions, and other benefits. Credit shall be given to NDEQ for cash and trade discounts, rebates, allowances, credits, salvage, the value of resulting scrap when the amount of such scrap is appreciable, commissions, and other amounts which have accrued to the benefit of the Contractor, or would have so accrued except for the fault or neglect of the Contractor. Such benefits lost, through no fault or neglect on the part of the Contractor, or lost through fault of NDEQ, shall not be deducted from gross costs. 6. The Contractor shall be paid electronically pursuant upon submission of an original and properly certified invoice with supporting documentation and billing summary chart. Each Task Assignment shall be accounted for separately and be billed under a separate invoice. Invoices for each Task Assignment shall be submitted no more than once each month and if monthly expenditures exceed $500.00. If the monthly expenditures for each Task Assignment are less than $500.00, the Contractor shall carry that month’s bills over to the option selected following month until the total invoice amount to be claimed reaches or exceeds $500.00. To facilitate processing and payment, each invoice must reference the NDEQ Contract number and the Task Assignment number. 7. Invoices shall be supported by Seller in Buyer’s Supplier Portalan itemized statement of costs claimed to have been incurred by the Contractor during the period covered by the invoice and shall include copies of vouchers, provided that Seller sends an undisputed invoice invoices, or other evidence of actual payment for other direct charges. If a personal car is used, a mileage log must be submitted. Meal receipts are not required as long as the meal costs are within the allowable federal per diem rate for the billing period to ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇project location.▇▇▇. Seller will not be paid unless Seller is registered in Buyer’s Supplier Portal. Access to the Supplier Portal can be granted by contacting ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. Buyer’s standard payment term for payment in full is net thirty (30) days from the date an undisputed invoice is received by its Accounts Payable Department, provided that Seller selects ACH in the Supplier Portal. Seller can select an accelerated electronic payment method, Virtual Payables/EFT1, via their profile in the Supplier Portal. Buyer will not be liable for late payment charges 8. The Purchase Order number must appear on all invoices, packing slips, shipping documents and labels. In addition, invoices must specify the location at which the Services were provided, the dates of and actual work performed during the billing period, and the specific dollar amount due. All taxes must be itemized on the invoice. The terms and conditions of this Agreement supersede any terms that State may be included on Seller’s invoice. Any change to the amount due under the Purchase Order that exceeds withhold ten percent (10%) or twenty-five dollars ($25.00) shall require a formal change order prior to Seller’s performance of additional the total ceiling price of each Task Assignment, as retainage. The entire retainage amount will be payable upon successful completion of the work or described in the additional itemsTask Assignment. Upon completion of the work described in the Task Assignment, the contractor will invoice the State for any outstanding work and Buyer acknowledges that work will not be undertaken until that formal change order has been approved by Buyer. Seller is an independent contractor and shall be solely responsible for all taxesthe retainage, contributions and premiums with respect up to the payments hereunderactual cost. If this Agreement contemplates reimbursement of Seller’s travel and/or other business expenses, ▇▇▇▇▇▇ agrees to obtain and comply with ▇▇▇▇▇’s Travel Policies and Procedures and Buyer’s Expense Policies and Procedures, as applicable, and ▇▇▇▇▇ shall reimburse Seller The State may reject the final invoice by identifying the specific reasons for such rejection in accordance with such policies and proceduresthe State of Nebraska Prompt Payment Act (See Neb. Rev. Stat. Foreign Nationals are subject to 30% withholding on payments received §81-2401 through 81-2408). Otherwise, the work described in the United States unless Task Assignment will be deemed accepted and the foreign national claims State will release the final payment and retainage in accordance with the Contract payment terms. The Contractor shall identify the final invoice by affixing in a treaty exemption prominent place the words “FINAL INVOICE.” The State will require the Contractor to accept payment by submitting a Form 8233 or W8electronic means such as ACH deposit. 9. In A Billing Summary chart may also be requested with each invoice with the event of a payment disputefollowing columns: (1) Task Description (with the project tasks listed as line items below that heading), ▇▇▇▇▇ shall have the right to withhold payment until such dispute has been resolved.(2) Agreed Upon Cost Per Task,

PAYMENT AND INVOICES. As a requirement for doing business with ▇▇▇▇▇University, Seller Contractor shall be paid electronically pursuant to the option selected by Seller the Contractor in Buyerthe University’s Supplier Portal, provided that Seller Contractor sends an undisputed invoice for the billing period to ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. Seller Contractor will not be paid unless Seller Contractor is registered in Buyer’s the Supplier Portal. Access to the Supplier Portal can be granted by contacting ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. BuyerUniversity’s standard payment term for payment in full is net thirty (30) days from the date an undisputed invoice is received by its Accounts Payable Department, provided that Seller Contractor selects ACH in the Supplier Portal. Seller Contractor can select an accelerated electronic payment method, Virtual Payables/EFT1, via their profile in the Supplier Portal. Buyer University will not be liable for late payment charges. The 1 Suppliers can be paid with immediate terms if they select Virtual Payables. Purchase Order number must appear on all invoices, packing slips, shipping documents and labels. In addition, invoices must specify the location at which the Services were provided, the dates of and actual work performed during the billing period, and the specific dollar amount due. All taxes must be itemized on the invoice. The terms and conditions of this Agreement supersede any terms that may be included on SellerContractor’s invoice. Any change to the amount due under the related Purchase Order that exceeds ten percent (10%) or twenty-five dollars ($25.00) shall require a formal change order prior to SellerContractor’s performance of additional work or the additional items, and Buyer University acknowledges that work will not be undertaken until that formal change order has been approved by BuyerUniversity. Seller Contractor is an independent contractor and shall be solely responsible for all taxes, contributions and premiums with respect to the payments hereunder. If this Agreement contemplates reimbursement of SellerContractor’s travel and/or other business expenses, ▇▇▇▇▇▇ Contractor agrees to obtain and comply with ▇▇▇▇▇University’s Travel Policies and Procedures and BuyerUniversity’s Expense Policies and Procedures, as applicable, and ▇▇▇▇▇ University shall reimburse Seller Contractor in accordance with such policies and procedures. Foreign Nationals are subject to 30% withholding on payments received in the United States unless the foreign national claims a treaty exemption by submitting a Form 8233 or W8. In the event of a payment dispute, ▇▇▇▇▇ University shall have the right to withhold payment until such dispute has been resolved.

PAYMENT AND INVOICES. As A. shall be compensated, based on invoices as provided below, for actual costs incurred in the performance of _____ Research. Payments for performance under this Subaward shall be issued by UPRM to _____ on a requirement cost reimbursable basis within 60 days of receipt of proper, approved invoice(s) at UPRM’s R&D Center Accounts Payable Division. Invoices should be received by UPRM monthly. B. To be considered proper the invoice must be dated and contain the Subaward identification number ________, details of the expenses _____ is invoicing (i.e: salaries, fringe benefits, equipment, travel, supplies, etc.) and an original signature of an authorized representative of _____- that certifies that the expenses reflected in the invoice(s) are actual expenditures consistent with the terms and conditions of this Subaward. Invoices must include the following: “I hereby certify, to the best of my knowledge, and belief, that this invoice is correct, and that all items invoiced are based upon services rendered, consistent with the terms of this contract.” C. To be considered approved, an invoice must contain the dated approval initial or signature of UPRM representative or his designee. D. The total amount authorized for doing business with expenditure under this Subaward is that stated in Article 5. This amount shall no be exceeded unless this Subaward is amended to add additional funds. UPRM will not pay any amount in excess of the stated amount. E. Invoices shall be sent to: ▇▇▇▇▇ ▇▇▇▇▇, Seller shall be paid electronically pursuant to the option selected by Seller in Buyer’s Supplier Portal, provided that Seller sends an undisputed invoice for the billing period to ▇▇ - Financial Officer Research and Development Center University of Puerto Rico Mayagüez ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. Seller will not be paid unless Seller is registered in Buyer’s Supplier Portal. Access to the Supplier Portal can be granted by contacting ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. Buyer’s standard payment term for payment in full is net thirty (30) days from the date an undisputed invoice is received by its Accounts Payable Department, provided that Seller selects ACH in the Supplier Portal. Seller can select an accelerated electronic payment method, Virtual Payables/EFT1, via their profile in the Supplier Portal. Buyer will not be liable for late payment charges. The Purchase Order number must appear on all invoices, packing slips, shipping documents and labels. In addition, invoices must specify the location at which the Services were provided, the dates of and actual work performed during the billing period, and the specific dollar amount due. All taxes must be itemized on the invoice. The terms and conditions of this Agreement supersede any terms that may be included on Seller’s invoice. Any change to the amount due under the Purchase Order that exceeds ten percent (10%) or twenty-five dollars ($25.00) shall require a formal change order prior to Seller’s performance of additional work or the additional items, and Buyer acknowledges that work will not be undertaken until that formal change order has been approved by Buyer. Seller is an independent contractor and shall be solely responsible for all taxes, contributions and premiums with respect to the payments hereunder. If this Agreement contemplates reimbursement of Seller’s travel and/or other business expenses, ▇ ▇▇▇▇▇▇ agrees to obtain and comply with ▇▇▇▇ ▇▇▇▇▇’s Travel Policies and Procedures and Buyer’s Expense Policies and Procedures, as applicable, and -▇▇▇▇▇ F. Payments should be made to: _______________________________ G. Final invoices must be received within 60 days of the termination of this subaward and shall reimburse Seller in accordance with be marked “final”. Invoices that exceed either period of performance or the obligated amount of this subaward may be considered improper invoices, and may be returned to the ______ unpaid. Acceptance and payment by UPRM of any improper invoices shall not be considered as a waiver of UPRM right to return future improper invoices. H. If, by any reason, this Subaward is terminated; only invoices for work performed to the date of such policies termination will be considered proper and procedures. Foreign Nationals are paid correspondingly, subject to 30% withholding on payments received Article 16 of this Subaward. I. Failure of the subrecipient to comply with the terms set forth in this subagreement can result in the United States unless withholding of payment. Final Payment under this Subaward shall depend upon receipt by UPRM of all services, reports, and/or supplies set forth hereunder. UPRM has the foreign national claims option to conduct a treaty exemption final audit by submitting a Form 8233 an UPRM representative or W8by _______’s cognizant audit agency. In the event of a payment dispute, ▇▇▇▇▇ shall have UPRM reserves the right to withhold final payment of the Subaward until such dispute has been resolvedall services, reports, and/or supplies set forth hereunder are delivered.

PAYMENT AND INVOICES. As Microsoft will provide Arrow at the beginning of each month with a requirement report consolidating Your Customer’s monthly use of the Services for doing business with ▇▇▇▇▇the preceding month (the “Monthly Report”). On this basis, Seller Arrow will display on its portal (named ArrowSphere), a billing statement. In turn, You shall be paid electronically pursuant deemed to have submitted a corresponding order for such Services to Arrow. Arrow shall accordingly invoice You for the applicable Consumption price and You shall pay the same in accordance with the payment terms stated on the invoice. Nothing herein shall restrict either party’s freedom to set prices for the Services. You agree that Arrow may increase its prices for the Services during the term of a subscription with no less than 20 days’ prior notice, wherein Microsoft increases its Services prices to Arrow. Failure to pay any due invoices in accordance with agreed payment terms shall constitute grounds for Arrow to immediately terminate these Terms and Conditions and disable a Customer’s subscription. You expressly accept agree that in case of dispute regarding Your Customer’s monthly use of the Services invoiced by Arrow, You and Arrow will refer exclusively to the option selected Monthly Report issued by Seller in BuyerMicrosoft, which will be the only sole valid and admissible document to determine Your Customer’s Supplier Portal, provided that Seller sends an undisputed invoice consumption and Your resale of such Services. Subscriptions will automatically renew at the end of any subscription term. Each renewal term will be for the billing period to ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇specified in the Documentation, and at the pricing in effect as of the commencement of the renewal term. Seller will not be paid unless Seller is registered in Buyer’s Supplier Portal. Access to the Supplier Portal can be granted by contacting ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. Buyer’s standard payment term for payment in full is net thirty (30) Arrow invoices are due Net 30 days from date of invoice unless the date an undisputed invoice is received parties have agreed otherwise upon initial account set up. Late payments may be subject to a late fee of 1.5% or the higher amount allowed by its Accounts Payable Department, provided that Seller selects ACH in applicable law and the Supplier Portal. Seller can select an accelerated electronic payment method, Virtual Payables/EFT1, via their profile in the Supplier Portal. Buyer will not be liable for late payment charges. The Purchase Order number must appear on all invoices, packing slips, shipping documents and labelssuspension of pending orders without liability to Arrow. In addition, invoices must specify in France, late payments are subject to a minimum fixed fee of 40 euros as recovery costs. Services bill by usage shall be invoiced monthly in arrears for the location at which prior months Consumption. Your payment to Arrow is not dependent or conditioned on receipt of payments from Customers even in the Services were provided, case of insolvency. You agree to identify and report any invoice or payment discrepancies within ten (10) days of the dates issuance date of and actual work performed during the billing period, and the specific dollar amount due. All taxes must be itemized on the invoice. The terms and conditions of this Agreement supersede any terms that may be included on SellerArrow’s invoice. Any change You may not withhold or deduct from any invoice amount or invoice due by offset, claim or otherwise associated directly or indirectly with the Services without Arrow’s prior written consent. Your obligation to pay outstanding invoices, shall survive termination or expiration of these Terms and Conditions. Upon any termination or expiration, notwithstanding the amount due under the Purchase Order that exceeds ten percent (10%) or twenty-five dollars ($25.00) foregoing, Arrow shall require a formal change order prior have no further obligations to Seller’s performance of additional work or the additional items, and Buyer acknowledges that work will not be undertaken until that formal change order has been approved by Buyer. Seller is an independent contractor and shall be solely responsible for all taxes, contributions and premiums with You in respect to the payments hereunder. If this Agreement contemplates reimbursement of Seller’s travel and/or other business expenses, ▇▇▇▇▇▇ agrees to obtain and comply with ▇▇▇▇▇’s Travel Policies and Procedures and Buyer’s Expense Policies and Procedures, as applicable, and ▇▇▇▇▇ shall reimburse Seller in accordance with such policies and procedures. Foreign Nationals are subject to 30% withholding on payments received in the United States unless the foreign national claims a treaty exemption by submitting a Form 8233 or W8. In the event of a payment dispute, ▇▇▇▇▇ shall have the right to withhold payment until such dispute has been resolvedServices.