Invoices; Method of Payment; Finance Charges Clause Samples

The "Invoices; Method of Payment; Finance Charges" clause defines how and when payments are to be made under a contract. It typically outlines the process for issuing invoices, acceptable payment methods (such as bank transfer or check), and the timeline for payment after receipt of an invoice. Additionally, it specifies any finance charges or interest that may accrue if payments are late. This clause ensures both parties understand their financial obligations, helps prevent payment disputes, and incentivizes timely payment by establishing consequences for delays.
Invoices; Method of Payment; Finance Charges. (a) Genpact shall render a single consolidated invoice for each Statement of Work in arrears for each month’s charges under such Statement of Work. (b) Any amount due to Genpact under an invoice shall be due and payable within thirty (30) days after Carnation’s receipt of Genpact’s invoice. (c) All amounts to be paid to Genpact under this Agreement shall be paid after deduction of tax at source, where applicable but are net of Value Added Tax and any other applicable taxes or duties Any amount not paid when due shall bear interest from the original due date until paid at two (2) percent per month. (d) Periodic charges under a Statement of Work shall be computed on a calendar month basis and shall be pro-rated on a per diem basis for any partial month.
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Invoices; Method of Payment; Finance Charges. (a) For each Services Agreement under which charges are due from Client to Accenture, Accenture will render a single consolidated invoice in accordance with the invoicing period and schedule provided in such Services Agreement. Each invoice will include such detail as required pursuant to the applicable Services Agreement and will allocate charges among Service components, locations and departments. Upon Client’s reasonable request from time to time, Accenture shall provide such additional or different detail required to satisfy Client’s internal accounting and chargeback requirements. (b) Each invoice will indicate (i) the percentage of the base charges invoiced for such invoice period applicable to each non-United States location providing Services in such invoice period; and (ii) the amounts of any other invoiced amounts directly originating from a non-United States location providing Services in such invoice period. At the beginning of each Contract Quarter, Accenture will provide Client with a non-binding forecast of the amount of Services (as reflected in US dollars) that Accenture estimates will originate from non-United States locations over the succeeding 12-month period. (c) Any amount due to Accenture under this Agreement for which a time for payment is not otherwise specified herein will be due and payable thirty (30) days after Client’s receipt of Accenture’s invoice. (d) All amounts to be paid to Accenture under this Agreement will be paid in US dollars by federal wire transfer to the account or accounts designated by Accenture from time to time or by such other method as is mutually determined by the Parties. As of the Effective Date, the following account should be used for purposes of payment by Client to Accenture (upon written notice, Accenture may change such account information): To: Accenture LLP Bank: J▇ ▇▇▇▇▇▇ C▇▇▇▇ Bank N.A Routing Number: 0▇▇▇▇▇▇▇▇ Account Number: 5▇▇▇▇▇▇ Account Type: Checking (not Savings) Invoice Qualifier: Invoice (plus ten digit invoice number) (e) Any amount not paid when due will bear interest from the original due date until paid at a rate equal to the lesser of (i) 1.5% per month or (ii) the maximum rate of interest allowed by law.
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Invoices; Method of Payment; Finance Charges. (a) Invoicing. Invoices shall be substantially in the form described in Exhibit K (Form of Invoice).
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Related to Invoices; Method of Payment; Finance Charges

  • Contract Amount and Payment for Services The total amount of this Contract will not exceed $1,099,187.00. This includes System Agency’s share of $915,989.00 and Grantee’s required match amount of $183,198.00. All expenditures under this Contract will be in accordance with Attachment B, Budget.

  • Crediting Payments The receipt of any payment item by Agent shall not be required to be considered a payment on account unless such payment item is a wire transfer of immediately available funds made to Agent’s Account or unless and until such payment item is honored when presented for payment. Should any payment item not be honored when presented for payment, then Borrowers shall be deemed not to have made such payment. Anything to the contrary contained herein notwithstanding, any payment item shall be deemed received by Agent only if it is received into Agent’s Account on a Business Day on or before 1:30 p.m. If any payment item is received into Agent’s Account on a non-Business Day or after 1:30 p.m. on a Business Day (unless Agent, in its sole discretion, elects to credit it on the date received), it shall be deemed to have been received by Agent as of the opening of business on the immediately following Business Day.

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  • Payment Amounts The aggregate Payments to be made in a fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2026 and on June 1, 2027, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 2025). Furthermore, the amount of each such Payment shall not exceed the Annual Percentage of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Marshall County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding such Payment due date.

  • Payment Methods and Amounts There are limits on the amount of money you can send or receive through our Service. Your limits may be adjusted from time-to-time in our sole discretion. For certain Services, you may have the ability to log in to the Site to view your individual transaction limits. We or our Service Provider also reserve the right to select the method in which to remit funds on your behalf though the Service, and in the event that your Eligible Transaction Account is closed or otherwise unavailable to us the method to return funds to you. These payment methods may include, but may not be limited to, an electronic debit, a paper check drawn on the account of our Service Provider, or draft check drawn against your account.