Invoice Payment Terms definition

Invoice Payment Terms means, with respect to any Receivable, the number of days following the date of the related original invoice by which such Receivable is required to be paid in full, as set forth in such original invoice.
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Invoice Payment Terms. [up to 7/30/60/90/180 days] Discount Rate: [ %] [Maturity Date: Maturity Date + [ ] days, unless otherwise requested by the Seller. In no event will the Discount Maturity Date fall more than [ ] days after the Maturity Date.] Adjustment Rate: [ %]
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Invoice Payment Terms means, with respect to any Receivable, the number of days following the date of the related original invoice by which such Receivable is required to be paid in full, as set forth in such original invoice. “JPMorgan” means JPMorgan Chase Bank, N.A. in its individual capacity and its successors and assigns. “Late Charge Proxy” means, at any time of determination, the estimated aggregate outstanding late charges owing by Obligors with respect to the outstanding Receivables, as reasonably determined from time to time by the Agent. As of the Closing Date, the “Late Charge Proxy” shall be $300,000 and such amount may be updated, from time to time, by the Agent in connection with any audit or field examination of the Receivables upon not less than five (5) Business Days’ notice to the Seller and the Servicer, but not more than once quarterly (unless an Amortization Event or Potential Amortization Event has occurred and is continuing). “Level I Ratings Event” means, at any time of determination, one or more of the following events has occurred and is continuing: (i) S&P’s credit rating for CEG’s long-term senior unsecured and uncredit-enhanced debt securities is below BBB-, (ii) Moody’s credit rating for CEG’s long-term senior unsecured and uncredit-enhanced debt securities is below Baa3, (iii) CEG does not have a credit rating by S&P for its long-term senior unsecured and uncredit-enhanced debt securities or (iv) CEG does not have a credit rating by Moody’s for its long-term senior unsecured and uncredit-enhanced debt securities. “Level II Ratings Event” means, at any time of determination, one or more of the following events has occurred and is continuing: (i) S&P’s credit rating for CEG’s long-term senior unsecured and uncredit-enhanced debt securities is below BB, (ii) Moody’s credit rating for CEG’s long-term senior unsecured and uncredit-enhanced debt securities is below Ba2, (iii) CEG
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Examples of Invoice Payment Terms in a sentence

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  • Cancellationsi) If payment for hire is not received within the Invoice Payment Terms period all future bookings will automatically be cancelled and the hirer will be liable to meet the full booking costs.

  • As stated in Article 3.0 of Supplemental Provisions and Article 16.0 of Commercial General Provisions, Invoice Payment Terms, except to the extent expressly stated elsewhere in this Subcontract, the invoice is payable thirty (30) calendar days after receipt by the BUYER of a properly marked and submitted invoice.

  • This agreement is sometimes referred to as the Invoice Payment Terms Acknowledgement, the Payable Services Agreement or the Paying Services Agreement. Please refer to Part Two, Section 9 (o) and Part Four, Section 3 of this Manual for guidance related to filing an RTAS Application with the SVO. The agreement(s) between the Obligor and the Finance Agent governing the administration of the Working Capital Finance Program and the Working Capital Finance Investments issued thereunder.

  • The Vendor shall maintain such option until a formal change is notified and accepted by the Company.1. Invoice Payment Terms The Company’s payment terms are 60 days after the date of receipt of a correct and complete invoice, unless a shorter period is specified in an Agreement or a purchase order.

  • Invoice Payment Terms Customer is expected to process and pay Invoices as ‘Due on Receipt’ whereas funds must be collected by the Company no later than 30 days from the date Invoice was submitted.

  • Unless otherwise stated in Exhibit 2, the BOARD shall pay the CONTRACTOR for goods/services rendered in the amount(s) as identified in the CONTRACTOR’s Proposal, and Invoice Payment Terms shall be Net 30 after receipt of proper invoice for services rendered.3. Availability of Funds.

  • For details on how to write an effective invoice, check out the following guide: The Best Invoice Payment Terms to Avoid Past Due Invoices 4.

  • Please insure that they are aware and comply with Company’s Invoice Payment Terms and Conditions.

  • Please do not submit hard copies unless requested by the Contract Specialist.‌‌‌ Invoice Payment Terms.

Related to Invoice Payment Terms

  • Payment Terms for a Supply Point means the Payment Method and Payment Period for it;

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Premium Payment Term means the term specified in the Schedule, during which the Premiums are payable by You;

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Invoice Date has the meaning set forth in Section 6.2.

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Sales Milestone Payment is defined in Section 5.3.

  • Payment Term means the length of time for payment of a Deferred Annual Award under Section 4.2.

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Monthly Invoice means an invoice issued in accordance with section 21 by MDL or the Incentives Pool Trustee to a Shipper or Welded Party for all Charges payable in respect of the previous Month by that Shipper or Welded Party, together with any outstanding amounts in respect of any Month prior to the previous Month.

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Service Payment has the meaning given to it in clause 9.1;

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Tuition Fee means the basic tuition fee applicable to specific programmes and shall include auxiliary fees which are for required instruction but shall exclude any other fees such as international student differential fees, co-op fees, and student union fees.

  • Advance Payment Contract means any contract whereby any Credit Party either (a) receives or becomes entitled to receive (either directly or indirectly) any payment (an “Advance Payment”) to be applied toward payment of the purchase price of Hydrocarbons produced or to be produced from Oil and Gas Interests owned by any Credit Party and which Advance Payment is, or is to be, paid in advance of actual delivery of such production to or for the account of the purchaser regardless of such production, or (b) grants an option or right of refusal to the purchaser to take delivery of such production in lieu of payment, and, in either of the foregoing instances, the Advance Payment is, or is to be, applied as payment in full for such production when sold and delivered or is, or is to be, applied as payment for a portion only of the purchase price thereof or of a percentage or share of such production; provided that inclusion of the standard “take or pay” provision in any gas sales or purchase contract or any other similar contract shall not, in and of itself, constitute such contract as an Advance Payment Contract for the purposes hereof.

  • Payment Schedule ’ means a schedule which sets out—

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Monthly Fee has the meaning stated in Section 4.3(a).

  • Premium payment plan means a benefit plan whereby state and

  • Alternative Compliance Payment or "ACP" means a payment of a certain dollar amount per megawatt hour, which a Retail Electricity Supplier may submit in lieu of supplying the minimum percentage of RECs required under Section 3.3.5 of this Regulation.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.