CONTRACT PRICE AND TERMS OF PAYMENT Clause Samples

CONTRACT PRICE AND TERMS OF PAYMENT. 4.1 Contract Price‌‌‌ The BCRC-Caribbean agrees to pay the Consultant for the full and proper performance of her obligations in accordance with the conditions of this Contract, an amount not exceeding [insert amount] for Professional Fees.

CONTRACT PRICE AND TERMS OF PAYMENT. 5.1 The price stipulated in the Purchase Order as payable for the Goods and/or Services shall be in the currency stipulated on the Purchase Order, exclusive of VAT, and inclusive of all packaging and other related charges and (unless Incoterms are agreed) inclusive of delivery and insurance (“Purchase Price”). Any increase in the price for any reason shall be subject to the express prior written consent of Purchaser. 5.2 Provided the Goods and Services have been delivered to Purchaser in accordance with the Purchase Order and/or any Specification (if applicable), payment will be made by Purchaser to Vendor for Goods and Services which comply with the Agreement in accordance with these Terms and Conditions. 5.3 Subject to Clause 5.8, the date for payment of a correctly presented and complete invoice issued by the Vendor shall be on the 20th day of each month after sixty (60) days from the receipt of the invoice by the Purchaser. An invoice is only deemed to be complete if it meets all requirements under applicable tax and commercial law and any requirements specified in the Agreement or as notified by the Purchaser to Vendor from time to time. Value Added Tax, where applicable, will be shown separately on all invoices as a strictly net extra. For illustrative purpose,  an invoice received by Purchaser on 20th January shall be paid by Purchaser on 20th March; and  an invoice received by Purchaser on 28th January shall be paid by Purchaser on 20th April. 5.4 Purchaser reserves the right to set-off any sums in respect of which Vendor may be in default to Purchaser. Payment of an invoice shall not constitute acceptance by Purchaser of Goods or Services and does not relieve Vendor of its obligations under the Agreement. 5.5 The correct Purchase Order number must be quoted on all invoices, and Purchaser will accept no liability whatsoever for invoices, delivery notes or other communications which do not bear such Purchase Order number. 5.6 To ensure payment in accordance with the above procedure, all invoices must be received at the invoice address shown on the Purchase Order. All invoices shall be submitted in duplicate and be accompanied by all necessary documentation as may be required by Purchaser from time to time or as may be required by law. In addition to any other information specified elsewhere herein, invoices and packing slips shall contain the following information: description of Goods and Services, sizes, quantities, weight, unit prices and exten...

CONTRACT PRICE AND TERMS OF PAYMENT. The AUTHORITY hereby covenants to pay the CONTRACTOR in consideration of the execution and completion of works the Contract Price of: SIXTEEN MILLION SIX HUNDRED THIRTY SIX THOUSAND TWENTY TWO PESOS AND FORTY CENTAVOS (P 16,636,022.40) and shall be paid by the AUTHORITY progressively and partially, subject to retention money of 10% until 50% of work is completed and in accordance with the conditions set forth in Annex E, Sec 6 of the IRR of RA 9184 as requirements prior to any payment.

CONTRACT PRICE AND TERMS OF PAYMENT of the Building Contract;

CONTRACT PRICE AND TERMS OF PAYMENT. 1. Contract Price 11 2. Adjustment of Contract price 11 3. Currency 11 4. Terms of Payment 11 5. Method of Payment 12 6. Notice of Payment on or before Delivery 13 7. Expenses 13 8. Prepayment 13 9. Performance Guarantee 14

CONTRACT PRICE AND TERMS OF PAYMENT. 7.1 All amounts owing from the Client shall become due payable thirty (30) days from invoice date. 7.2 All prices are exclusive of Value Added Tax (VAT) and shall be for the account of the Client, unless otherwise expressly stated in writing, and any VAT arising in respect of any amounts due and payable by the Client under this agreement, shall be paid by the Client to Wires & Wireless simultaneously with payment of any and all of the purchase prices.

CONTRACT PRICE AND TERMS OF PAYMENT of the Building Contract; and (c) is no more than the Delivery Instalment Cap.

CONTRACT PRICE AND TERMS OF PAYMENT. 1. Contract Price 9 2. Currency 9 3. Terms of Payment 9 4. Method of Payment 9 5. Payment under Dispute 10 6. Prepayment 10 7. Set-off 10

CONTRACT PRICE AND TERMS OF PAYMENT. 3.1.1 The Contract Price and the payment terms are found in Appendix C – Contract Price and Terms of Payment. The Contract Price includes all applicable taxes, except for the Harmonized Sales Tax (“HST”).