Common use of MANAGEMENT CHARGE Clause in Contracts

MANAGEMENT CHARGE. 20.1 In consideration of the establishment and award of this Framework Agreement and the management and administration by the Authority of the same, the Supplier agrees to pay to the Authority the Management Charge in accordance with this Clause 20. 20.2 The Authority shall be entitled to submit invoices to the Supplier in respect of the 20.2.1 in accordance with paragraphs 5.4 to 5.7 of Framework Schedule 9 (Management Information) to take into account of any Admin Fee(s) that may have accrued in respect of the late provision of Management Information; and 20.2.2 in accordance with paragraph 6 of Framework Schedule 9 (Management Information) to take into account of any underpayment or overpayment as a result of the application of the Default Management Charge. 20.3 Unless otherwise agreed in writing, the Supplier shall pay by BACS (or by such other means as the Authority may from time to time reasonably require) the amount stated in any invoice submitted under Clause 20.2 to such account as shall be stated in the invoice (or otherwise notified from time to time by the Authority to the Supplier) within thirty (30) calendar days of the date of issue of the invoice. 20.4 The Management Charge shall apply to the full Charges as specified in each and every Call Off Agreement and shall not be varied as a result of any discount or any reduction in the Charges due to the application of any Service Credits (as defined in Annex 2 of Framework Schedule 4 (Template Pro Forma Letter of Appointment and Template Call Off terms)) and/or any other deductions made under any Call Off Agreement. 20.5 The Supplier shall not pass through or recharge to, or otherwise recover from any Contracting Body the cost of the Management Charge in addition to the Charges. The Management Charge shall be exclusive of VAT. In addition to the Management Charge, the Supplier shall pay the VAT on the Management Charge at the rate and in the manner prescribed by Law from time to time. 20.6 Interest shall be payable on any late payments of the Management Charge under this Framework Agreement in accordance with the Late Payment of Commercial Debts (Interest) Act 1998.

Appears in 1 contract

Sources: Corporate Finance Services Framework Agreement

MANAGEMENT CHARGE. 20.1 18.1 In consideration of the establishment and award of this Framework Agreement and the management and administration by the Authority of the same, the Supplier agrees to pay to the Authority the Management Charge in accordance with this Clause 2018. 20.2 18.2 The Authority shall be entitled to submit invoices to the Supplier in respect of thethe Management Charge due each Month based on the Management Information provided pursuant to Framework Schedule 9 (Management Information), and adjusted: 20.2.1 18.2.1 in accordance with paragraphs 5.4 9.4 to 5.7 9.5 of Framework Schedule 9 (Management Information) to take into account of any Admin Fee(s) Fee that may have accrued in respect of the late provision of Management Information; and 20.2.2 18.2.2 in accordance with paragraph 6 10 of Framework Schedule 9 (Management Information) to take into account of any underpayment or overpayment as a result of the application of the Default Management Charge. 20.3 18.3 Unless otherwise agreed in writing, the Supplier shall pay by BACS (or by such other means as the Authority may from time to time reasonably require) the amount stated in any invoice submitted under Clause 20.2 18.2 to such account as shall be stated in the invoice (or otherwise notified from time to time by the Authority to the Supplier) within thirty (30) calendar days of the date of issue of the invoice. 20.4 18.4 The Management Charge shall apply to the full Charges as specified in each and every Call Off Agreement Contract and shall not be varied as a result of any discount or any reduction in the Charges due to the application of any Service Credits (as defined in Annex 2 of Framework Schedule 4 (Template Pro Forma Letter of Appointment and Template Call Off terms)Contract) and/or any other deductions made under any Call Off AgreementContract. 20.5 18.5 The Supplier shall not pass through or recharge to, or otherwise recover from any Contracting Body the cost of the Management Charge in addition to the Charges. The Management Charge shall be exclusive of VAT. In addition to the Management Charge, the Supplier shall pay the VAT on the Management Charge at the rate and in the manner prescribed by Law from time to time. 20.6 18.6 Interest shall be payable on any late payments of the Management Charge under this Framework Agreement in accordance with the Late Payment of Commercial Debts (Interest) Act 1998.

Appears in 1 contract

Sources: Facilities Management Services Framework Agreement

MANAGEMENT CHARGE. 20.1 In consideration of the establishment and award of this Framework Panel Agreement and the management and administration by the Authority of the same, the Supplier agrees to pay to the Authority the Management Charge in accordance with this Clause 20. 20.2 The Authority shall be entitled to submit invoices to the Supplier in respect of thethe Management Charge due each Month based on the Management Information provided pursuant to Panel Schedule 9 (Management Information), and adjusted: 20.2.1 in accordance with paragraphs 5.4 to 5.7 of Framework Panel Agreement Schedule 9 (Management Information) to take into account of any Admin Fee(s) that may have accrued in respect of the late provision of Management Information; and 20.2.2 in accordance with paragraph 6 of Framework Panel Agreement Schedule 9 (Management Information) to Information)to take into account of any underpayment or overpayment as a result of the application of the Default Management Charge. 20.3 Unless otherwise agreed in writing, the Supplier shall pay by BACS (or by such other means as the Authority may from time to time reasonably require) the amount stated in any invoice submitted under Clause 20.2 to such account as shall be stated in the invoice (or otherwise notified from time to time by the Authority to the Supplier) within thirty (30) calendar days of the date of issue of the invoice. 20.4 The Management Charge shall apply to the full Charges as specified in each and every Call Off Agreement Legal Services Contract and shall not be varied as a result of any discount or any reduction reductions in the Charges due to the application of any Service Credits (as defined in Annex 2 of Framework Schedule 4 (Template Pro Forma Letter of Appointment and Template Call Off terms)) and/or any other deductions made under any Call Off AgreementLegal Services Contract. 20.5 The Supplier shall not pass through or recharge to, or otherwise recover from any Contracting Body Panel Customers the cost of the Management Charge in addition to the Charges. The Management Charge shall be exclusive of VAT. In addition to the Management Charge, the Supplier shall pay the VAT on the Management Charge at the rate and in the manner prescribed by Law from time to time. 20.6 Interest shall be payable on any late payments of the Management Charge under this Framework Panel Agreement in accordance with the Late Payment of Commercial Debts (Interest) Act 1998.

Appears in 1 contract

Sources: Panel Agreement for the Provision of General Legal Services

MANAGEMENT CHARGE. 20.1 In consideration of the establishment and award of this Framework Agreement and the management and administration by the Authority of the same, the Supplier agrees to pay to the Authority the Management Charge in accordance with this Clause 20. 20.2 . The Authority shall be entitled to submit invoices to the Supplier in respect of the 20.2.1 the Management Charge due each Month based on the Management Information provided pursuant to Framework Schedule 8 (Management Information), and adjusted: in accordance with paragraphs 5.4 to 5.7 paragraph 16.4 of Framework Schedule 9 8 (Management Information) to take into account of any Admin Fee(s) that may have accrued in respect of the late provision of Management Information; and 20.2.2 in accordance with paragraph 6 of Framework Schedule 9 (Management Information) and to take into account of any underpayment or overpayment as a result of the application of the Default Management Charge. 20.3 , pursuant to paragraph 17.6 of Framework Schedule 8 (Management Information). Unless otherwise agreed in writing, the Supplier shall pay by BACS (or by such other means as the Authority may from time to time reasonably require)) the amount stated in any invoice submitted under Clause 20.2 to such account as shall be stated in the invoice (or otherwise notified from time to time by the Authority to the Supplier) within thirty (30) calendar days of the date of issue of the invoice. 20.4 . The Management Charge shall apply to the full Charges as specified in each and every Call Off Agreement Contract and shall not be varied as a result of any discount or any reduction in the Charges due to the application of any Service Credits (as defined in Annex 2 of Framework Schedule 4 (Template Pro Forma Letter of Appointment and Template Call Off terms)) and/or any other deductions made under any Call Off Agreement. 20.5 Contract. The Supplier shall not pass through or recharge to, or otherwise recover from any Contracting Body the cost of the Management Charge in addition to the Charges. The Management Charge shall be exclusive of VAT. In addition to the Management Charge, the Supplier shall pay the VAT on the Management Charge at the rate and in the manner prescribed by Law from time to time. 20.6 . Interest shall be payable on any late payments of the Management Charge under this Framework Agreement in accordance with the Late Payment of Commercial Debts (Interest) Act 1998.

Appears in 1 contract

Sources: Framework Agreement

MANAGEMENT CHARGE. 20.1 In consideration of the establishment and award of this Framework Panel Agreement and the management and administration by the Authority of the same, the Supplier agrees to pay to the Authority the Management Charge in accordance with this Clause 20. 20.2 The Authority shall be entitled to submit invoices to the Supplier in respect of thethe Management Charge due each Month based on the Management Information provided pursuant to Panel Agreement Schedule 9 (Management Information), and adjusted: 20.2.1 in accordance with paragraphs 5.4 10.4 to 5.7 10.7 of Framework Panel Agreement Schedule 9 (Management Information) to take into account of any Admin Fee(s) that may have accrued in respect of the late provision of Management Information; and 20.2.2 in accordance with paragraph 6 11 of Framework Panel Agreement Schedule 9 (Management Information) to Information)to take into account of any underpayment or overpayment as a result of the application of the Default Management Charge. 20.3 Unless otherwise agreed in writing, the Supplier shall pay by BACS (or by such other means as the Authority may from time to time reasonably require) the amount stated in any invoice submitted under Clause 20.2 to such account as shall be stated in the invoice (or otherwise notified from time to time by the Authority to the Supplier) within thirty (30) calendar days of the date of issue of the invoice. 20.4 The Management Charge shall apply to the full Charges as specified in each and every Call Off Agreement Legal Services Contract and shall not be varied as a result of any discount or any reduction reductions in the Charges due to the application of any Service Credits (as defined in Annex 2 of Framework Schedule 4 (Template Pro Forma Letter of Appointment and Template Call Off terms)) and/or any other deductions made under any Call Off AgreementLegal Services Contract. 20.5 The Supplier shall not pass through or recharge to, or otherwise recover from any Contracting Body Panel Customers the cost of the Management Charge in addition to the Charges. The Management Charge shall be exclusive of VAT. In addition to the Management Charge, the Supplier shall pay the VAT on the Management Charge at the rate and in the manner prescribed by Law from time to time. 20.6 Interest shall be payable on any late payments of the Management Charge under this Framework Panel Agreement in accordance with the Late Payment of Commercial Debts (Interest) Act 1998▇▇▇ ▇▇▇▇.

Appears in 1 contract

Sources: Panel Agreement for the Provision of Rail Legal Services

MANAGEMENT CHARGE. 20.1 18.1 In consideration of the establishment and award of this Framework Agreement and the management and administration by the Authority of the sameoverall contractual structure and associated documentation, the Supplier agrees to Provider shall pay to the Authority the Management Charge in accordance with this Clause 2018. The Provider shall not be entitled to recharge the Management Charge to any Contracting Body. 20.2 18.2 The Authority shall be entitled to submit invoices to the Supplier Provider in respect of thethe Management Charge due each month based on the Management Information provided pursuant to Clause 7 and adjusted: 20.2.1 in 18.2.1 In accordance with paragraphs 5.4 to 5.7 of Framework Schedule 9 7 (Management InformationInformation Requirements) to take into account of any Admin Fee(s) Administrative fees that may have accrued in respect of the late provision of Management Information; andaccrued; 20.2.2 in accordance with paragraph 6 of Framework 18.2.2 Pursuant to Schedule 9 7 (Management InformationInformation Requirements) to take into account of any underpayment or overpayment as a result of the application of the Default Management Charge. 20.3 Unless otherwise agreed in writing, the Supplier shall pay by BACS (or by 18.3 All such other means as the Authority may from time to time reasonably require) the amount stated in any invoice submitted under Clause 20.2 to such account as invoices shall be stated in the invoice (or otherwise notified from time to time payable by the Authority to the SupplierProvider within twenty eight (28) within thirty (30) calendar days Days of the date of issue of the invoice. Unless agreed otherwise by the Authority, the Provider shall pay the Management Charge electronically via the BACS. The Management Charge shall be paid in full without any deduction or withholding other than as required by Law. The Provider shall not be entitled to assert any credit, set-off or counterclaim against the Authority in order to justify withholding payment of any such amount in whole or in part. 20.4 18.4 The Management Charge shall apply to all the full Charges as specified in each and every Call Off Agreement Contract and shall not be varied as a result of any discount or any reduction in the Charges due to arising from the application of any Service Credits (as defined in Annex 2 of Framework Schedule 4 (Template Pro Forma Letter of Appointment and Template Call Off terms)) and/or any other deductions made under any Call Off Agreementor otherwise. 20.5 The Supplier shall not pass through or recharge to, or otherwise recover from any Contracting Body the cost of the Management Charge in addition to the Charges. 18.5 The Management Charge shall be exclusive of VATValue Added Tax. In addition to the Management Charge, the Supplier The Provider shall pay the VAT Value Added Tax on the Management Charge at the rate and in the manner prescribed by Law from time to time. 20.6 18.6 Interest shall be payable on any late payments of the Management Charge under this Framework Agreement in accordance with the Late Payment of Commercial Debts (Interest) Act 1998. 18.7 In the event that the Provider identifies a mistake in the reporting of Charges for Goods and Services invoiced to Customers, the Provider shall inform the Authority immediately and comply with the Authority’s requirements including promptly rectifying the mistake. Where the Authority has raised an invoice against the reported Charges, the invoice will remain payable in full by the Provider in accordance with Clause 18.3. Any subsequent adjustment made to the Charges shall be reconciled in the next invoice issued by the Authority.

Appears in 1 contract

Sources: Framework Agreement