Common use of Invoice reduction Clause in Contracts

Invoice reduction. If Grantee does not meet a deadline for any deliverable, the Department will reduce the invoice by 1% for each day the deadline is missed, unless an extension is approved in writing by the Department.

Appears in 94 contracts

Sources: Grant Agreement, Amendment to Agreement No. 24srp31, Standard Grant Agreement

Invoice reduction. If Grantee does not meet a deadline for any deliverable, the Department will with reduce the invoice by 1% for each day the deadline is missed, unless an extension is approved in writing by the Department.

Appears in 3 contracts

Sources: Standard Grant Agreement, Standard Grant Agreement, Standard Grant Agreement

Invoice reduction. If Grantee does not meet a deadline for any deliverable, the Department will reduce the invoice by 1% for each day the deadline is missed, unless an extension is approved in writing by the Department.Department.‌‌

Appears in 1 contract

Sources: Standard Grant Agreement