Payment Terms and Conditions. Late Payment: Payments, including late payment charges, will be paid in accordance with the State Prompt Payment Act and rules when applicable. 30 ILCS 540; 74 III. Adm. Code 900. This shall be Vendor’s sole remedy for late payments by the State. Payment terms contained on Vendor’s invoices shall have no force and effect.
Appears in 9 contracts
Samples: cpo-general.illinois.gov, www2.illinois.gov, www2.illinois.gov
Payment Terms and Conditions. 1.1 Late Payment: Payments, including late payment charges, will be paid in accordance with the State Prompt Payment Act and rules when applicable. 30 ILCS 540; 74 III. Adm. Code 900. This shall be Vendor’s sole remedy for late payments by the State. Payment terms contained on Vendor’s invoices shall have no force and effect.
Appears in 9 contracts
Samples: Purchase and Sale Agreement, Cover Sheet, Memorandum of Understanding
Payment Terms and Conditions. Late Payment: Payments, including late payment charges, will be paid in accordance with the State Prompt Payment Act and rules when applicable. 30 ILCS 540; 74 III. Adm. Code 900. This shall be Vendor’s sole remedy for late payments by the State. Payment terms contained on in Vendor’s invoices shall have no force and or effect.
Appears in 1 contract
Samples: cpo-general.illinois.gov
