Common use of The Contract Amount Clause in Contracts

The Contract Amount. 5.1 University will pay Contractor for the performance of Work in accordance with Exhibit C, Payment for Services. 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 (a State agency) is exempt from Texas Sales & Use Tax on Work in accordance with §151.309, Texas Tax Code and 34 Texas Administrative Code (TAC) §3.322. Pursuant to 34 TAC §§3.322(c)(4) and (g)(3), this Agreement is sufficient proof of University’s tax- exempt status and University is not required to provide further evidence of its exempt status.

The Contract Amount. 5.1 University will pay Contractor for the performance of Work in accordance with Exhibit C, Payment for Services. 5.2 The Contract Amount includes all applicable federal, state state, or local sales or use taxes payable as a result of the execution or performance of this Agreement. 5.3 University (a State agency) is exempt from Texas Sales & Use Tax on Work in accordance with §151.309, Texas Tax Code and 34 Texas Administrative Code (TAC) §3.322. Pursuant to 34 TAC §§3.322(c)(4) and (g)(3), this Agreement is sufficient proof of University’s tax- exempt status and University is not required to provide further evidence of its exempt status.

The Contract Amount. 5.1 University will pay Contractor for the performance of Work in accordance with Exhibit C, Payment for Services. 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 (a State agency) is exempt from f rom Texas Sales & Use Tax on Work in accordance with §151.309, Texas Tax Code and 34 Texas Administrative Code (TAC) §3.322. Pursuant to 34 TAC §§3.322(c)(4) and (g)(3), this Agreement is sufficient proof of University’s tax- tax exempt status and University is not required to provide further evidence of its exempt status.