Common use of Invoice Payment Date Clause in Contracts

Invoice Payment Date. 2.1 Subject to Clause 4.1.3, within ten (10) Business Days after the Service Provider’s receipt of the Self Billing Invoice, the Company shall pay to the Service Provider the sum due in respect of the Self Billing Invoice by electronic transfer of funds to such bank account as communicated in writing to the Company, quoting the Self Billing Invoice number against which payment is made. 2.2 Subject to Paragraph 3, if any amount included in the Self Billing Invoice remains unpaid after the time period stated in Paragraph 2.1, then the Service Provider shall be entitled to charge interest on the amount unpaid, including interest on any Value Added Tax unpaid, in accordance with the Late Payments of Commercial Debts (Interest) ▇▇▇ ▇▇▇▇ (as amended).

Appears in 1 contract

Sources: Rocof Agreement

Invoice Payment Date. 2.1 Subject to Clause 4.1.35.2.3, within ten (10) Business Days after the Service ProviderCompany’s receipt of the Self Billing Invoice, the Company shall pay to the Service Provider the sum due in respect of the Self Billing Invoice by electronic transfer of funds to such bank account as may be specified in Schedule 9 or otherwise communicated in writing to the Company, quoting the Self Billing Invoice invoice number against which payment is made. 2.2 Subject to Paragraph Section 3, if any amount included in the Self Billing Invoice remains unpaid after the time period stated in Paragraph Section 2.1, then the Service Provider shall be entitled to charge interest on the amount unpaid, including interest on any Value Added Tax unpaid, in accordance with the Late Payments of Commercial Debts (Interest) ▇▇▇ ▇▇▇▇ (as amended).Act 1998..

Appears in 1 contract

Sources: Ds3 System Services Fixed Contracts Agreement

Invoice Payment Date. 2.1 2.4.1 Subject to Clause 4.1.32.2.3, within ten (10) Business Days after of the Service ProviderCompany’s receipt of the Self Billing Invoice, the Company shall pay to the Service Provider the sum due in respect of the Self Billing Invoice by electronic transfer of funds to such bank account as is specified in Schedule 5 or otherwise communicated in writing to the Company, quoting the Self Billing Invoice invoice number against which payment is made. 2.2 2.4.2 Subject to Paragraph 3Clause 2.5, if any amount included in the Self Billing Invoice remains unpaid after the time period stated in Paragraph 2.12.4.1, then the Service Provider shall be entitled to charge interest on the amount unpaid, including interest on any Value Added Tax unpaid, in accordance with the Late Payments of in Commercial Debts (Interest) ▇▇▇ ▇▇▇▇ (as amended)Transactions Regulations 2002.

Appears in 1 contract

Sources: Ancillary Services Agreement