Payment by Due Date Clause Samples
The 'Payment by Due Date' clause requires that all payments owed under the agreement must be made on or before a specified deadline. In practice, this means that invoices or other payment requests must be settled by the date outlined in the contract, and failure to do so may result in penalties, interest, or other consequences. This clause ensures timely payment, helping to maintain cash flow and reduce disputes over late payments.
Payment by Due Date. By no later than the Due Date for each Supply Period, the Member shall pay the accumulated Member’s Obligations relating to the Livestock Supply Forms, Promissory Notes, Equity Loans and Equity Loan Promissory Notes for that Supply Period. The Member may do so by purchasing all Livestock supplied during the Supply Period, and/or by selling these Livestock on behalf of the Association in accordance with clauses 4.1, 4.2 and/or 4.4 of this Agreement. The Member shall remain liable for the Member’s Obligations not paid as a result of these purchases and/or sales. The following illustration is one example of the operation of these provisions: Supply Period #1 First Supply Form Second Supply Form Third Supply Form Due Date Supply Period #2 First Supply Form Second Supply Form Equity Loan Due Date
Payment by Due Date. The Hirer must pay all invoices on the dates indicated and where the Hirer fails to pay all amounts on time, the Council may cancel the Hirer’s booking and this Agreement in which case clause 18.1 will apply as if the Hirer had cancelled the Event. This is based on a genuine pre-estimate of loss to the Council as the Council may not be able to replace the ▇▇▇▇▇’s booking at the same or any other price and all or some of the Services may have already been arranged.
Payment by Due Date. The Hirer must pay all invoices when they are payable and where the Hirer fails to pay an invoice due the Venue Operator may cancel the Hirer’s booking and this Agreement and reserves the right to refuse any subsequent bookings that the Hirer may request.
Payment by Due Date. The Hirer must pay all amounts due under this Agreement in full and cleared funds without deduction or set off in the manner required by the Venue on the dates specified in the Venue Hire Agreement or otherwise on invoice issued by the Venue.
Payment by Due Date. The Hirer must pay all amounts due under the Agreement.