Charges, Payment and Recovery of Sums Due Sample Clauses
The 'Charges, Payment and Recovery of Sums Due' clause defines the obligations of the parties regarding the payment of fees or charges under the agreement. It typically outlines when and how payments must be made, the methods of invoicing, and the consequences of late or missed payments, such as interest charges or the right to recover outstanding amounts through legal means. This clause ensures that financial transactions between the parties are clear and enforceable, reducing the risk of disputes over payment and providing mechanisms for the recovery of unpaid sums.
Charges, Payment and Recovery of Sums Due. 5.1 The Charges for the Services shall be as set out in the Award Letter and shall be the full and exclusive remuneration of the Supplier in respect of the supply of the Services. Unless otherwise agreed in writing by the Customer, the Charges shall include every cost and expense of the Supplier directly or indirectly incurred in connection with the performance of the Services.
5.2 All amounts stated are exclusive of VAT which shall be charged at the prevailing rate. The Customer shall, following the receipt of a valid VAT invoice, pay to the Supplier a sum equal to the VAT chargeable in respect of the Services.
5.3 The Supplier shall invoice the Customer as specified in the Agreement. Each invoice shall include such supporting information required by the Customer to verify the accuracy of the invoice, including the relevant Purchase Order Number and a breakdown of the Services supplied in the invoice period.
5.4 In consideration of the supply of the Services by the Supplier, the Customer shall pay the Supplier the invoiced amounts no later than 30 days after verifying that the invoice is valid and undisputed and includes a valid Purchase Order Number. The Customer may, without prejudice to any other rights and remedies under the Agreement, withhold or reduce payments in the event of unsatisfactory performance.
5.5 If the Customer fails to consider and verify an invoice in a timely fashion the invoice shall be regarded as valid and undisputed for the purpose of paragraph 5.4 after a reasonable time has passed.
5.6 If there is a dispute between the Parties as to the amount invoiced, the Customer shall pay the undisputed amount. The Supplier shall not suspend the supply of the Services unless the Supplier is entitled to terminate the Agreement for a failure to pay undisputed sums in accordance with clause 16.4. Any disputed amounts shall be resolved through the dispute resolution procedure detailed in clause 19.
5.7 If a payment of an undisputed amount is not made by the Customer by the due date, then the Customer shall pay the Supplier interest at the interest rate specified in the Late Payment of Commercial Debts (Interest)
Charges, Payment and Recovery of Sums Due. 4.1 The Charges for the Goods shall be as set out in the Award Letter and shall be the full and exclusive remuneration of the Supplier in respect of the supply of the Goods. Unless otherwise agreed in writing by the Customer, the Charges shall include every cost and expense of the Supplier directly or indirectly incurred in connection with the supply of the Goods, including but not limited to the costs of packaging, insurance, delivery, unloading, stacking and carriage.
4.2 All amounts stated are exclusive of VAT which shall be charged at the prevailing rate. The Customer shall, following the receipt of a valid VAT invoice, pay to the Supplier a sum equal to the VAT chargeable in respect of the Goods.
Charges, Payment and Recovery of Sums Due. The Charges for the Services shall be as set out in the Award Letter and shall be the full and exclusive remuneration of the Supplier in respect of the supply of the Services. Unless otherwise agreed in writing by the Customer, the Charges shall include every cost and expense of the Supplier directly or indirectly incurred in connection with the performance of the Services.
Charges, Payment and Recovery of Sums Due. 6.1 The Charges for the Services shall be as set out in Schedule 1 (Service Order) and shall be the full and exclusive remuneration of the Supplier in respect of the supply of the Services. Unless otherwise agreed in writing by the Authority, the Charges shall include every cost and expense of the Supplier directly or indirectly incurred in connection with the performance of the Services.
6.2 The Supplier shall invoice the Authority as specified in the Agreement. Each invoice shall include such supporting information required by the Authority to verify the accuracy of the invoice (“Supporting Documentation”), including the relevant Purchase Order Number (and CD Reference) and a breakdown of the Services supplied in the invoice period.
6.3 To facilitate payment, the Supplier shall use an electronic transaction system chosen by the Authority and shall:
6.3.1 register for the electronic transaction system in accordance with the instructions of the Authority;
6.3.2 allow the electronic transmission of purchase orders and submitting of electronic invoices via the electronic transaction system;
6.3.3 designate a Supplier representative as the first point of contact with the Authority for system issues; and
6.3.4 provide such data to the Authority as the Authority reasonably deems necessary for the operation of the system including, but not limited to, electronic catalogue information.
6.4 The Authority is in the process of implementing its electronic transaction system. Each invoice and any Supporting Documentation required to be submitted in accordance with this Clause 6 shall be submitted by the Supplier, as directed by the Authority from time to time, either:
6.4.1 via the Authority’s electronic transaction system; or
6.4.2 to the HMRC Work Manager detailed in Paragraph A1 of Schedule 1 (Service Order) (or such other person notified to the Supplier in writing by the Authority) by email in pdf format or, if agreed with the Authority, in hard copy by post.
6.5 The Supplier acknowledges and agrees that should it commence Services without a Purchase Order Number:
6.5.1 the Supplier does so at its own risk; and
6.5.2 the Authority shall not be obliged to pay the Charges without a valid Purchase Order Number having been provided to the Supplier.
6.6 The Authority shall regard an invoice as valid only if it complies with the provisions of this Clause 6. The Authority shall promptly return any non-compliant invoice to the Supplier and the Supplier shall promptly issu...
Charges, Payment and Recovery of Sums Due. The Charges for the Goods and/or Services shall be as set out in the Award Letter and shall be the full and exclusive remuneration of the Supplier in respect of the supply of the Goods and/or Services. Unless otherwise agreed in writing by UKRI, the Charges shall include every cost and expense of the Supplier directly or indirectly incurred in connection with the supply of the Goods and/or performance of the Service.
Charges, Payment and Recovery of Sums Due. 3.1 The Charges are the full and exclusive remuneration of the Supplier in respect of the supply of the Goods. Unless otherwise agreed in writing by the Authority, the Charges include every cost and expense of the Supplier directly or indirectly incurred in connection with the supply of the Goods, including but not limited to the costs of packaging, insurance, delivery, unloading, stacking and carriage.
3.2 Following Delivery, the Supplier shall invoice the Authority as specified in the PO. Each invoice shall include:
3.2.1 a unique identification number (invoice number);
3.2.2 the Supplier’s name, address and contact information;
3.2.3 the name and address of the department/agency in the Authority with which the Supplier is working;
3.2.4 a clear description of the Goods being invoiced for;
3.2.5 the date the Goods were delivered;
3.2.6 the date of the invoice;
3.2.7 the amount being charged;
3.2.8 VAT amount if applicable;
3.2.9 the total amount owed;
3.2.10 the PO number; and
3.2.11 the amount of the invoice in sterling or any other currency which is approved by the Authority in writing.
3.3 All invoices submitted by email must satisfy the following criteria:
3.3.1 email size must not exceed 4mb;
3.3.2 one invoice per file attachment (PDF). Multiple invoices can be attached as separate files; and
3.3.3 any supporting information, backing data etc must be contained in the invoice PDF file.
3.4 Unless approved in writing by the Authority, all invoices must:
3.4.1 not contain any lines for items which are not on the PO; and
3.4.2 replicate, as far as possible, the structure and the information contained in the PO in respect of the number of lines, line descriptions, price and quantity.
3.5 If required by the Authority, the Supplier shall:
3.5.1 register and comply with any reasonable eMarketplace solution adopted for invoicing and procurement catalogues by the Authority; and
3.5.2 submit a structured electronic invoice in an Electronic Data Interchange or XML formats.
3.6 The Authority shall not pay an invoice which does not comply with the requirements set out in this clause 3.
3.7 such supporting information required by the Authority to verify the accuracy of the invoice, including the relevant PO number and a breakdown of the Goods supplied in the invoice period.
3.8 In consideration of the supply of the Goods by the Supplier, the Authority shall pay the Supplier the invoiced amounts no later than 30 days after receipt of a valid invoice which includes ...
Charges, Payment and Recovery of Sums Due. The Charges for the Goods shall be as set out in the Award Letter and shall be the full and exclusive remuneration of the Supplier in respect of the supply of the Goods. Unless otherwise agreed in writing by the Customer, the Charges shall include every cost and expense of the Supplier directly or indirectly incurred in connection with the supply of the Goods, including but not limited to the costs of packaging, insurance, delivery, unloading, stacking and carriage.
Charges, Payment and Recovery of Sums Due. 5.1 The Charges for the Goods and or Services shall be as set out in the Supplier’s response to the Request for Quotes and shall be the full and exclusive remuneration of the Supplier in respect of the supply of the Goods and or Services.
Charges, Payment and Recovery of Sums Due. The Charges shall be the full and exclusive remuneration to the Contractor in respect of the Services. Unless otherwise agreed in writing by the Authority, the Charges shall include every cost and expense of the Contractor directly or indirectly incurred in connection with the performance of the Services. The Contractor may not make any claim for additional payment on the grounds of any misunderstanding as to the conditions, regulations or requirements relating to the provision of the Services.
Charges, Payment and Recovery of Sums Due. 5.1 The Charges for the Services shall be as set out in Schedule 1 and shall be the full and exclusive remuneration of the Supplier in respect of the supply of the Services. Unless otherwise agreed in writing by the Council, the Charges shall include every cost and expense of the Supplier directly or indirectly incurred in connection with the performance of the Services.
5.2 The Supplier shall invoice the Council as specified in the Agreement. Each invoice shall include such supporting information required by the Council to verify the accuracy of the invoice, including the relevant Purchase Order Number and a breakdown of the Services supplied in the invoice period. The invoice should be sent directly to the Council’s Accounts Payable team in electronic format (e-invoice) or via email in .pdf format to: Accounts Payable New Forest District Council Appletree Court ▇▇▇▇▇▇▇▇ Road Lyndhurst Hampshire SO43 7PA Phone ▇▇▇▇▇ ▇▇▇▇▇▇
5.3 Where the Supplier submits an invoice to the Council in accordance with clause 5.2, the Council will consider and verify that invoice in a timely fashion. Any undue delay on the part of the Council in substantiating the invoice will not of itself be reason to consider the invoice invalid. Where there is an undue delay in considering and verifying the invoice on the part of the Council, the invoice shall be regarded as valid and undisputed for the purposes of clause 5.6 after a reasonable time has passed.
5.4 The Council shall accept and process for payment an electronic invoice submitted for payment by the Supplier where the invoice is undisputed and where it complies with the standard on electronic invoicing.
5.5 For the purposes of paragraph 5.4, an electronic invoice complies with the standard on electronic invoicing where it complies with the European standard and any of the syntaxes published in Commission Implementing Decision (EU) 2017/1870.
5.6 In consideration of the supply of the Services by the Supplier, the Council shall pay the Supplier the invoiced amounts no later than 30 days after receipt of a valid invoice which includes a valid Purchase Order Number. The Council may, without prejudice to any other rights and remedies under the Agreement, withhold or reduce payments in the event of unsatisfactory performance.
5.7 All amounts stated are exclusive of VAT which shall be charged at the prevailing rate. The Council shall, following the receipt of a valid VAT invoice, pay to the Supplier a sum equal to the VAT chargeable...