Common use of VENDOR MANAGEMENT FEE Clause in Contracts

VENDOR MANAGEMENT FEE. Note: Contractor must pay the VMF within thirty (30) days of invoice from Enterprise Services. Contract Sales Reports: Timely provide to Enterprise Services, with no less than a 75% on time rate over the Participating Addendum term, the required Contract quarterly sales reports. See Section 3.3

VENDOR MANAGEMENT FEE. Note: Contractor must pay the VMF within thirty (30) days of invoice from Enterprise Services. If Contractor is delinquent in timely paying the VMF for two (2) or more quarters within the first six (6) quarters of the Contract Sales Reports: Timely provide to Enterprise Services, with no less than a 75% on time rate over the Participating Addendum term, the required Contract quarterly sales reports. See Section 3.3Contractor will not be eligible for a performance-based extension.