PAYMENT PLAN PROVISIONS Clause Samples
The Payment Plan Provisions clause establishes the terms and schedule for how payments will be made under a contract. Typically, it outlines the total amount due, divides it into installments, and specifies the due dates or milestones that trigger each payment. For example, payments might be required monthly, upon completion of certain project phases, or after delivery of goods or services. This clause ensures both parties have a clear understanding of when and how payments are to be made, reducing the risk of disputes and helping manage cash flow for both sides.
PAYMENT PLAN PROVISIONS. In the event the purchase price of Your Agreement is being paid for through a payment plan (or its equivalent) which is terminated for non-payment, the Term and Mileage Limit of this Agreement will be modified to reflect the portion of the Agreement that You have paid for. The modified Term and Mileage Limit of the Agreement will be calculated on a pro-rata basis by adding the time and mileage that You have used from the Agreement Purchase Date and Vehicle odometer mileage on the Agreement Purchase Date as listed on the Schedule Page. You may contact the Administrator at (▇▇▇) ▇▇▇-▇▇▇▇ to obtain the modified Term and Mileage Limits.
PAYMENT PLAN PROVISIONS. In the event the purchase price of Your Agreement is being paid for through a Payment Plan (or its equivalent) which is terminated for non-payment, the Term and Mileage Limit of this Agreement will be modified to reflect the portion of the Agreement that You have paid for. The modified Term and Mileage Limit of the Agreement will be calculated on a pro-rata basis by adding the time and mileage that You have used from the Agreement Purchase Date and Vehicle odometer mileage on the Agreement Purchase Date as listed on the Schedule Page. You may contact the Administrator toll-free at 800-242-7316 to obtain the modified Term and Mileage Limits.
PAYMENT PLAN PROVISIONS. Reference Copy If YOU are paying for YOUR SERVICE CONTRACT on a payment or installment plan and YOU fail to make payments in full two (2) or more times during the term of YOUR installment plan, the ADMINISTRATOR may consider YOUR SERVICE CONTRACT terminated and modify the term of YOUR SERVICE CONTRACT to reflect the time and mileage that YOU have accrued and paid for. The ADMINISTRATOR will determine the amount YOU have paid less a $50.00 re-processing fee. The ADMINISTRATOR will apply the result to the original Purchase Date and Purchase Mileage of YOUR SERVICE CONTRACT to determine the revised Expiration Date and Expiration Mileage of YOUR SERVICE CONTRACT. Contact the ADMINISTRATOR at 888-990-7786 to receive the revised Expiration Date and Expiration Mileage of YOUR SERVICE CONTRACT.
PAYMENT PLAN PROVISIONS. A. All employees shall be paid in twelve (12) monthly installments. Each check shall contain one- twelfth (1/12) of the contracted salary. Payroll checks or electronic deposit earning statements shall be issued to the employee on the last business day of each month or earlier at the discretion of the superintendent.
B. In the event of a mistake in payment resulting in underpayment, corrections shall be made on the succeeding payroll warrant provided that the error is brought to the attention of the business office prior to the tenth, (10th) day of the succeeding month. If brought to the attention on or after the tenth (10th) day of the month, payment will be made in the next month. In the event of overpayment, it will be deducted from the next check; if there is a severe financial hardship the superintendent or designee, in conjunction with the Association, will negotiate a reasonable payback schedule. In the event of an overpayment or underpayment error, the length of time for collection will only go back to the previous audited year.
C. In the event the employee terminates before repayment, either in the event of overpayment or underpayment, the full amount thereof will be due and owing. The balance owed the District as a result of overpayment shall be deducted from the final check received by a separated employee.
PAYMENT PLAN PROVISIONS. If YOU are paying for YOUR SERVICE CONTRACT on a payment or installment plan and YOU fail to make payments in full two (2) or more times during the term of YOUR installment plan, the ADMINISTRATOR may consider YOUR SERVICE CONTRACT terminated and modify the term of YOUR SERVICE CONTRACT to reflect the time and mileage that YOU have accrued and paid for. The ADMINISTRATOR will determine the amount YOU have paid less a $50.00 re-processing fee. The ADMINISTRATOR will apply the result to the original Purchase Date and Purchase Mileage of YOUR SERVICE CONTRACT to determine the revised Expiration Date and Expiration Mileage of YOUR SERVICE CONTRACT. Contact the ADMINISTRATOR at 888-990-7786 to receive the revised Expiration Date and Expiration Mileage of YOUR SERVICE CONTRACT.
PAYMENT PLAN PROVISIONS. For the protection of both parties, the following has been agreed upon with respect to payment: • All monies will be due and payable in accordance with the above “Payment Schedule”. • System designed to cover usage on both buildings located at installation address. • Full payment of the system is the sole responsibility of
PAYMENT PLAN PROVISIONS