Common use of No Interest for Delayed Payment Clause in Contracts

No Interest for Delayed Payment. Because the Performing Party is not a vendor of goods and services within the meaning of Texas Government Code Chapter 2251, no interest is applicable in the case of late payments.

Appears in 9 contracts

Sources: Grant Agreement, Contract, Contract

No Interest for Delayed Payment. Because Since the Performing Party is not a vendor of goods and services within the meaning of Texas Government Code Chapter 2251, no interest is applicable in the case of for any late payments.

Appears in 1 contract

Sources: Contract

No Interest for Delayed Payment. Because Since the Performing Party PERFORMING PARTY is not a vendor of goods and services within the meaning of Texas Government Code Chapter 2251, no interest is applicable in the case of for any late payments.

Appears in 1 contract

Sources: Government Alternative Fuel Fleet Program (Gaff) Contract