Common use of The Contract Amount Clause in Contracts

The Contract Amount. 5.1 So long as Contractor has provided University with its current and accurate Federal Tax Identification Number in writing, University will pay Contractor for the performance of the Work as more particularly set forth in Exhibit C, Payment for Services, attached and incorporated for all purposes. 5.2 The Contract Amount includes all applicable federal, state or local sales or use taxes payable as a result of the execution or performance of this Agreement. 5.3 University, an agency of the State of Texas, is exempt from Texas Sales & Use Tax on the Work in accordance with Section 151.309, Texas Tax Code, and Title 34 Texas Administrative Code (“TAC”) Section 3.322.

The Contract Amount. 5.1 So long as Contractor has provided University with its current and accurate Federal Tax Identification Number in writing, University will pay Contractor for the performance of the Work as more particularly set forth in accordance with Exhibit C, Payment for Services, attached and incorporated for all purposesWork. 5.2 The Contract Amount includes all applicable federal, state or local sales or use taxes payable as a result of the execution or performance of this Agreement. 5.3 University, an agency of the University (a State of Texas, agency) is exempt from Texas Sales & Use Tax on the Work in accordance with Section §151.309, Texas Tax Code, Code and Title 34 Texas Administrative Code (“TAC”) Section 3.322.)