C2 Payment and VAT Sample Clauses
The 'C2 Payment and VAT' clause defines the terms and conditions regarding the payment obligations between parties, specifically addressing how payments are to be made and how Value Added Tax (VAT) is handled. Typically, this clause outlines the timing and method of payment, specifies whether amounts are inclusive or exclusive of VAT, and clarifies the responsibility for paying VAT on invoices. Its core practical function is to ensure both parties understand their financial obligations, prevent disputes over tax liabilities, and promote transparency in the transaction process.
POPULAR SAMPLE Copied 1 times
C2 Payment and VAT. Unless otherwise stated in this Contract payments shall be claimed once a month in arrears. Itemised claims, accompanied by all necessary documentation reasonably required by the Client, shall be submitted to the Client for scrutiny and approval. Payment shall be made within 30 days of receipt and agreement of invoices for work completed to the satisfaction of the Client. Payments may be withheld or reduced by the Client in the event of unsatisfactory performance without prejudice to the other rights of the Client under the Contract.
C2 Payment and VAT. The Authority shall pay all sums due to the Contractor within thirty (30) days of receipt of a valid invoice, submitted Monthly in arrears.
C2 Payment and VAT. The Authority shall pay all sums by direct credit transfer into a suitable bank account or by other electronic payment methods as appropriate.
C2 Payment and VAT. Subject always to the requirements of Schedule 3 (Payment Requirements) (relating (but not limited) to payment validation and evidence requirements), the Authority shall pay all sums due to the Provider within thirty (30) days of receipt of a valid invoice, submitted Monthly in arrears.
C2 Payment and VAT. The Client shall pay all sums payable in respect of each Supply due to the Service Provider within 30 days of receipt of a valid invoice, submitted monthly in arrear.
C2 Payment and VAT. The Contractor shall submit invoices to the Authority on the dates set out in Schedule 2.
C2 Payment and VAT. The Supplier shall submit invoices to the Authority in accordance with Schedule 2. C2.2 The Authority shall, in addition to the Price and following Receipt of a Valid Monthly Invoice, pay the Supplier a sum equal to the VAT chargeable on the value of the Services supplied in accordance with the Contract.
C2 Payment and VAT. The Council shall pay all undisputed sums due to the Supplier within 30 days of Receipt of a valid invoice, submitted monthly in arrears.
C2 Payment and VAT. Unless otherwise specified in the Pricing Schedule, the Commissioner shall pay all sums due to the Contractor within 30 days of Receipt of a valid invoice, submitted monthly in arrears for work undertaken to the full satisfaction of the Commissioner.
C2 Payment and VAT. The Client shall pay all sums due to the Contractor within 30 days of Receipt of a valid invoice. The payment shall be made in US Dollars directly by wire transfer to a bank account in US designated by Contractor. The Client shall bear the cost of any wire transfer fees.