Common use of Payment of Service Fee Clause in Contracts

Payment of Service Fee. VENDOR shall prepare and submit correct invoices for payment to the COUNTY on a monthly basis for that portion of the Service Fee that is incurred during the prior month. Payment will be made to VENDOR within thirty (30) days, or within a mutually agreed upon time, after COUNTY has received complete invoices from VENDOR. The COUNTY reserves the right to require such additional documentation prior to payment, including monthly activity reports detailing the VENDOR’s activities and services rendered, as the COUNTY deems appropriate to support the payments to VENDOR. Failure of Payment. Subject to this Article IV and §12.4 below, failure of COUNTY to timely pay properly presented invoices shall constitute a default of this Agreement.