Common use of Payment Condition Clause in Contracts

Payment Condition. 1. The cost of services quoted by the Service Provider shall cover all aspects of service delivery and include all the components of salary/ wages (minimum wage, insurance, PF, ESI etc.) and taxes, as applicable. 2. The payment shall be made as per the financial quotes submitted by the Service Provider and accepted by the Buyer. 3. No advance payment shall be made to the Service Provider. 4.

Appears in 1 contract

Sources: Service Level Agreement

Payment Condition. 1. The cost of services quoted by the Service Provider shall cover all aspects of service delivery and include all the components of salary/ wages (minimum wage, insurance, PF, ESI etc.) and taxes, as applicable. 2. The payment shall be made as per the financial quotes submitted by the Service Provider and accepted by the Buyer. 3. No advance payment shall be made to the Service Provider. 4.

Appears in 1 contract

Sources: Service Level Agreement