Payment and Terms Clause Samples
The Payment and Terms clause defines the obligations and conditions related to how and when payments are to be made under an agreement. It typically specifies the amount due, payment schedule, acceptable methods of payment, and any consequences for late or missed payments, such as interest charges or penalties. By clearly outlining these details, the clause ensures both parties understand their financial responsibilities and helps prevent disputes over payment timing or amounts.
Payment and Terms. Monthly payments for services in the amount of $7,000 shall be paid by the 1st of the month for that service month, on a monthly basis by the City of ▇▇▇▇▇▇▇▇. These payments will cover all costs associated with providing all related costs. All payments shall be made to ▇▇▇▇▇▇▇▇ Convention & Visitors Bureau, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.
Payment and Terms. Forsponsorships, paymentisdue upon execution ofthe agreement.Failure topayin atimely mannermayresultin beingturned awayfrom the event. Foradvertising, the amountmustbe paid infullpriortopublication. Anofficialwritten agreementmustbeheld betweenAlliance of Channel Women (Alliance of Channel Women) and thesponsoringfirm. Paymentmustbe made directly to Alliance of Channel Womenbythesponsoringfirmstatedintheagreement.
Payment and Terms. The student agrees to pay the appropriate fee based on the plan chosen. Payment may be made at the time of purchase or the fee may be added to the the student’s account.
Payment and Terms. The Borrower hereby covenants and agrees as follows:
Payment and Terms. Exhibit space cost and payment terms are stated on the front of this contract, and all payments are non-refundable after May 1. In the event of total or partial cancellation (space size reduction) after May 1 by Exhibitor, the booth fee will not be reduced or refunded, and the total amount will be due. If Exhibitor fails to pay the entire booth fee at the times specified, or fails to comply with any of terms and conditions or rules and regulations. Management may reassign/resell the booth to another party. The entire booth fee must be paid in full prior to move-in of the convention. If Exhibitor cancels or breeched this agreement for any reason whatsoever, in addition to whatever right Management may have under applicable law, any payments made by Exhibitor prior to the date of termination shall be retained by Management and Exhibitor agrees that such amounts constitute a reasonable provision for liquidated damages. Exhibitor shall also be liable for any required payments not received as of the date of cancellation or breech of this agreement If the convention is cancelled or not held for any reason whatsoever, then this agreement shall be cancelled. The exhibitor’s sole and exclusive remedy shall be to receive a refund of all amounts actually paid. If, for any reason beyond Management’s control (e.g., act of God, fire, or government mandate), the convention is materially curtailed, Exhibitor shall receive pro-rate refund of fees.
Payment and Terms. Customer acknowledges that the rental fee for the specified period is the Total amount set out on the last page of the Estimate. Fees will not be prorated on an earlier return of the Equipment. Unless otherwise stated on the Estimate, all rental payments are due and payable on the expiration of the Rental Term, or, in the event of a Rental Term of longer than one week, on a weekly basis on the Friday of each week.
Payment and Terms. Unless otherwise stated in this Purchase Order, terms of payment shall be 30 days net, or as negotiated by Domaille Engineering and Supplier. Payment and cash discount periods shall start with the date of receipt of proper invoice or date of delivery, whichever is later. Domaille Engineering shall not, by making prompt payment or payment prior to inspection, be deemed to have accepted any goods or to have waived any claim for adjustment or any other claim against Supplier.
Payment and Terms. At the time of pick up, Owner agrees to pay the pet care service rate in effect on the date pet is checked into The ▇▇▇▇ House. Time is of the essence with respect to payment. Prices set forth by ▇▇▇▇ House are subject to change without notice and seasonal/peak period rates may apply. Charges begin on the day Owner leaves pet with The ▇▇▇▇ House. Owner acknowledges and agrees that Owner is liable for all charges incurred during pet’s stay and The ▇▇▇▇ House reserves the right to collect any unpaid balance. The ▇▇▇▇ House shall have, and is hereby granted, a lien on Owner’s pet for any and all unpaid charges resulting from services provided by The ▇▇▇▇ House. Discounted packages are non-refundable and expire 180 days from purchase. An administrative fee of $50.00 will be charged for returned checks or debit problems, such as non-sufficient funds, closed accounts, frozen or declined credit or similar circumstances. Accounts past due shall be charged a late fee at a rate of 1.0% per month or the maximum amount permitted by law, from the date of service. To the extent permitted by applicable law, Owner shall be liable to The ▇▇▇▇ House for all costs of collection, including but not limited to actual reasonable attorney fees, incurred by The ▇▇▇▇ House in connection with actions or efforts to collect any balance owed by Owner.
Payment and Terms. Consultant shall prepare invoices in accordance with its standard invoicing practices and the specific Task Order. Consultant shall submit its invoices to Client on a monthly basis. Invoices are due and payable within 30 days of receipt. If Client fails to make any payment due Consultant for services and expenses within 30 days after receipt of Consultant’s invoice, then Client will be considered in breach of the payment terms of this Agreement, and the compounded amount due Consultant will be increased at the rate of 1.0% per month (or the maximum rate of interest permitted by law, if less) from said thirtieth day.