Vendor Payment Clause Samples
The Vendor Payment clause defines the terms and conditions under which a vendor will be compensated for goods or services provided. Typically, it outlines the payment schedule, acceptable methods of payment, and any requirements for invoicing or documentation before payment is released. For example, it may specify that payment is due within 30 days of invoice receipt or upon completion of certain project milestones. This clause ensures both parties have a clear understanding of when and how payments will be made, reducing the risk of disputes and promoting timely fulfillment of financial obligations.
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Vendor Payment. Pursuant to the Master Facilitator Agreement, the Board will allocate funds to the LEAs for the acquisition of the Buses acquired pursuant to the Financing Agreements. The Board will direct those funds to CONTRACTOR to pay the Installment Payments required by this Agreement. Within ten (10) days from the date of acceptance of the Accepted Buses in connection with an Appendix, the Board will direct funds representing the LEA’s first annual Installment Payment to be paid pursuant to “Part 2--Payment Schedule”of an Appendix and will arrange to transfer the Installment Payment to CONTRACTOR . No later than thirty (30) days after the LEA accepts the Accepted Buses, CONTRACTOR will pay the total cost of the Accepted Buses to the Vendor.
Vendor Payment. (a) For purposes of this section, the vendor shall bill and the commissioner shall reimburse the vendor for full-day or partial-day services to a client that would otherwise have been paid to the vendor for providing direct services, provided that both of the following criteria are met:
(1) the vendor provides services and payments to the qualified business that enable the business to perform support and supervision services for the client that the vendor would otherwise need to perform; and
(2) the client for whom a rate will be billed will receive full-day or partial-day services from the vendor and the rate to be paid the vendor will allow the client to work with this support and supervision at the qualified business instead of receiving these services from the vendor.
(b) Medical assistance reimbursement of services provided to persons receiving day training and habilitation services under this section is subject to the limitations on reimbursement for vocational services under federal law and regulation.
Vendor Payment. A $100.00 stipend toward beer and wine distributed at the event is available to those breweries that require one; however, since this is a fundraiser event, there are two options:
a. Instead of receiving a stipend for the product, Vendor would like to donate the beer/wine to the event.
b. Vendor will invoice the Crystal Fund. The Crystal Fund will mail a check as notated on the invoice. Invoices can be sent by April 30, 2020 to: Crystal Fund Attention: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ North Crystal, MN 55422 Or, you may email your invoice to ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇. If your invoice is not sent by April 30, your product will be considered a donation to the Crystal Fund. Thank you!
Vendor Payment. Compensation for Vendor’s Software product including license/maintenance services will be provided by End User in a timely manner, as described in Schedule A/Quote. Failure to submit payment in a timely manner may result in an interruption of service.
Vendor Payment a. All charges related to APPLICANT must be paid within 30 days of invoice. Failure to comply will result in non-participation and/or fines.
b. APPLICANT agrees to allow ▇▇▇▇ access to any and all vendor records. In the event of a dispute, the burden of proof is on the participant.
Vendor Payment. Pursuant to the Master Facilitator Agreement, the State Board will allocate funds to the LEAs for the acquisition of the Buses acquired pursuant to the Financing Agreements. The Board will direct those funds to CCMI or its assignee to pay the Installment Payments required by this Agreement. Within ten (10) days from the date of acceptance of the Accepted Buses in connection with an Appendix, the State Board will direct funds representing the LEA’s first annual Installment Payment to be paid pursuant to “Part 2--Payment Schedule”of an Appendix and will arrange to transfer the Installment Payment to CCMI or its assignees. The first annual Installment Payment will be deposited to the Acquisition Fund pending payment to the Vendor. No later than thirty (30) days after the LEA accepts the Accepted Buses, CCMI will pay the total cost of the Accepted Buses to the Vendor.
Vendor Payment. Casa Seller shall have made the payment set forth on Schedule 8.2(e).