Invoicing and Terms of Payment. The following shall apply, unless otherwise agreed in the Engagement Letter or other written agreement. The Contractor shall invoice the Cli- ent on an on-going basis, for the work performed and expenses incurred. Alternatively, the Con- tractor may invoice the Client on account, monthly or quarterly, according to the estimated fee for the Engagement. The Client shall provide payment not later than ten (10) days from date of invoice. In the event of delay in payment, penalty interest shall be payable in accordance with the Interest Act (1975:635).
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Sources: Advisory and Other Services Agreement, Advisory and Other Services Agreement
Invoicing and Terms of Payment. The following shall apply, unless otherwise agreed in the Engagement Letter or other written agreement. The Contractor shall invoice the Cli- ent on an on-going basis, for the work performed and expenses incurred. Alternatively, the Con- tractor may invoice the Client on account, monthly month- ly or quarterly, according to the estimated fee for the Engagement. The Client shall provide payment pay- ment not later than ten (10) days from date of invoice. In the event of delay in payment, penalty interest shall be payable in accordance with the Interest Act (1975:635).
Appears in 1 contract