Final Payment Due Clause Samples

The 'Final Payment Due' clause establishes the obligation for the remaining balance to be paid at a specified point, typically upon completion of the agreed work or delivery of goods. This clause details when the last payment must be made, such as after final inspection, acceptance of services, or delivery of all contractual items. Its core function is to ensure both parties are clear on when the contract will be financially settled, reducing disputes over outstanding amounts and providing a clear endpoint for payment obligations.
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Final Payment Due. County shall make final payment of all sums due Contractor within ten (10) business days of County's execution of a final Certificate for Payment.
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Final Payment Due. Final Payment is due and payable by Owner, subject to all allowable offsets and deductions, on the thirtieth (30th) day following Owner’s approval of the Application for Payment. If Contractor disputes any amount deducted by Owner, Contractor shall give notice of the dispute on or before the thirtieth (30th) day following receipt of Final Payment. Failure to do so will bar any subsequent claim for payment of amounts deducted.
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Final Payment Due. Final Payment is due and payable by the Owner, subject to all allowable offsets and deductions, on the 31st day following the Owner’s approval of the Application for Payment. If the CM-at-Risk disputes any amount deducted by the Owner, the CM- at-Risk shall give notice of the dispute on or before the thirtieth (30th) day following receipt of Final Payment. Failure to do so will bar any subsequent claim for payment of amounts deducted.
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Final Payment Due. The Authority shall make final payment of all sums due the Contractor within ten (10) business days of the Authority's execution of a final Certificate for Payment.
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Related to Final Payment Due

  • Final Payment A. Upon final completion and acceptance of the Work in accordance with Paragraph 15.06 of the General Conditions, Owner shall pay the remainder of the Contract Price as recommended by Engineer as provided in said Paragraph 15.06.

  • Payment Due Payment for services provided by BellSouth, including disputed charges, is due on or before the next ▇▇▇▇ date. Information required to apply payments must accompany the payment. The information must notify BellSouth of Billing Account Numbers (BAN) paid; invoices paid and the amount to be applied to each BAN and invoice (Remittance Information). Payment is considered to have been made when the payment and Remittance Information are received by BellSouth. If the Remittance Information is not received with payment, BellSouth will be unable to apply amounts paid to Freedom’s accounts. In such event, BellSouth shall hold such funds until the Remittance Information is received. If BellSouth does not receive the Remittance Information by the payment due date for any account(s), late payment charges shall apply.

  • Payment Due Date Unless City notifies the Contractor that a dispute exists, Payment shall be made within [Enter number of days, generally ≥ 30] calendar days, measured from (1) the delivery of goods and/or the rendering of services or (2) the date of receipt of the invoice, whichever is later. Payment is deemed to be made on the date on which City has issued a check to Contractor or, if Contractor has agreed to electronic payment, the date on which City has posted electronic payment to Contractor.

  • Additional Payment In addition to any Spousal Support, in the event of Divorce: (check one)

  • Annual Payment During each calendar year, an employee may choose to receive payment for up to twenty (20) hours of accrued vacation leave or compensatory time. Request for payment may be made in November or December of each year. Such payment shall be made during the month of November or December and will be granted only if the employee has taken at least forty (40) hours of vacation/compensatory time during the calendar year. Such payment shall be at the base hourly rate only, no add-ons.