PAYMENT PROFILES Sample Clauses

The PAYMENT PROFILES clause defines the schedule and structure for making payments under a contract. It typically outlines when payments are due, the amounts to be paid at each stage, and any conditions that must be met before payments are released, such as completion of specific milestones or delivery of goods. By clearly specifying payment timing and requirements, this clause helps prevent disputes over payment obligations and ensures both parties have a mutual understanding of the financial terms.
PAYMENT PROFILES. Please specify how you will calculate the lease cost adjustments applied for the varying payment profiles: Assume that the standard profile is Annual In Advance. Please list the % reduction or increase in annual cost for the following based upon the formulae above: Monthly in Advance Quarterly in Advance Annual in Arrears Monthly in Arrears Quarterly in Arrears Please specify how you will calculate revised lease price for rescheduling given the following changes: Increase in annual mileage: Decrease in annual mileage: Additional 12 months lease: The following additional charges are to be applied as specified by the Authority: (Please note that the standardised early termination charges will only apply to manufacturers standard specification cars, including 4x4's and vans). EU Travel documents £0 Driver Pack No additional cost for standard pack Administration fee for management of Infringement Fee £20 Administration fee for private number plate transfer £20 Administration fee for payment of congestion charge £20 Administration fee for re-contracting (mileage re-writes and contract extensions) of vehicle £0 End of life vehicle damage waiver £150 Please note that with regard to the vehicle damage waiver, Suppliers shall not charge the first £150 of any de-hire damage Please specify any additional administrative items not included in the lease or captured above as standard
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PAYMENT PROFILES. Please specify how you will calculate the lease cost adjustments applied for the varying payment profiles: [REDACTED] Assume that the standard profile is Annual In Advance. Please list the % reduction or increase in annual cost for the following based upon the formulae above: Monthly in Advance [REDACTED] Quarterly in Advance [REDACTED] Annual in Arrears [REDACTED] Monthly in Arrears [REDACTED] Quarterly in Arrears [REDACTED]
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PAYMENT PROFILES. Please specify how you will calculate the lease cost adjustments applied for the varying payment profiles: Assume that the standard profile is Annual In Advance. Please list the % reduction or increase in annual cost for the following based upon the formulae above: Monthly in Advance Quarterly in Advance Annual in Arrears Monthly in Arrears Quarterly in Arrears Please specify how you will calculate revised lease price for rescheduling given the following changes: Increase in annual mileage: Decrease in annual mileage: Additional 12 months lease: The following additional charges are to be applied as specified by the Authority: (Please note that the standardised early termination charges will only apply to manufacturers standard specification cars, including 4x4's and vans). EU Travel documents £0 Early Termination 2 yrs Year 1 - 2 months charge of rental Early Termination 3 yrs Year 2 - 3 months charge of rental Early Termination 4 yrs Year 1 - 6 months charge of rental Early Termination 5 yrs Year 1 - 7 months charge of rental Excess/Under mileage charge for Petrol and Diesel vehicles up to 1600cc: £0.04 per mile >1600cc: £0.05 per mile Driver Pack No additional cost for standard pack Administration fee for management of Infringement Fee £20 Administration fee for private number plate transfer £20 Administration fee for payment of congestion charge £20 Administration fee for re-contracting (mileage re-writes and contract extensions) of vehicle £0 End of life vehicle damage waiver £150 Please note that with regard to the vehicle damage waiver, Suppliers shall not charge the first £150 of any de-hire damage Please specify any additional administrative items not included in the lease or captured above as standard This information will form the basis of your offering to Contracting Bodies at the further competition stage. Please specify which financial indices you will use to base your financial rate against (e.g. 3 Year Swap, LIBOR). Please specify the maximum ▇▇▇▇ up you will apply to the specified financial indicies above for vehicles supplied under the framework. Please specify the methodology you will use to calculate the financial element of the lease costs: Please describe how internal Finance House rate relates to base rate used in tender.
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PAYMENT PROFILES. Where the customer requires that a non-standard or bespoke payment profile will be necessary for the duration of any contract, the details should be set out in the order in the form of a supplementary term.
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Related to PAYMENT PROFILES

  • Payment Processing Citizens may require any other information from Vendor that Citizens deems necessary to verify any compensation request placed under this Agreement and Vendor agrees that it will provide such information as reasonably requested by Citizens. Payment shall be due net thirty (30) calendar days of Citizens’ actual receipt of a complete and undisputed invoice. Where a submitted invoice is incomplete, such as not containing the information described in this Section, Citizens will return the incomplete invoice to Vendor for correction within thirty (30) calendar days of Citizens’ actual receipt of such invoice. Where Citizens reasonably disputes any part of a complete invoice, such as the amount of the compensation request, Citizens shall pay any undisputed portion of the invoiced amount within (30) calendar days of Citizens’ actual receipt of the complete invoice and will describe the basis for the disputed portion of the invoiced amount. Where Vendor disagrees with Citizens dispute of any invoice, the Parties shall seek to resolve the dispute in accordance with the Dispute Resolution Process further described in this Agreement. In no case shall Citizens be subject to late payment interest charges where Vendor has submitted an incomplete invoice or where Citizens has reasonably disputed an invoice. Where Vendor fails to submit an invoice within twelve (12) calendar months of the Services for which compensation is being requested, Vendor acknowledges and agrees that any payment due for such Services is forfeited by Vendor for its failure to timely submit an invoice.

  • Payment Process Subject to the terms and conditions established by the Agreement, the pricing per deliverable established by the Grant Work Plan, and the billing procedures established by Department, Department agrees to pay Grantee for services rendered in accordance with Section 215.422, Florida Statutes (F.S.).

  • Payment and Billing (a) STATION will, from time to time at intervals following broadcasts hereunder, bill AGENCY on behalf of Advertiser. AGENCY shall deliver payment to STATION at the address on the invoice within 15 days of the date of the invoice. (b) Any time of terrestrial radio broadcast on an invoice shall be accurate within 15 minutes. Any invoice identifying commercial announcements and their date and time of broadcasts, when sworn to by STATION, shall constitute an affidavit of performance or proof-of- performance. All invoices shall be deemed to be correct unless proven otherwise. (c) In the event that payment on any contract becomes past due and STATION in its sole discretion refers the contract to a collection agency or attorney for collection, the discount accorded to AGENCY under this contract will become null and void. (d) STATION is entitled to the maximum interest allowable by law on any past due balance. (e) In the event that STATION, in its sole discretion, refers this contract to a collection agency or attorney for collection, AGENCY will be responsible for all costs, including, but not limited to, reasonable attorney’s fees and costs and court costs, incurred. (f) Notwithstanding to whom invoices are rendered, AGENCY and Advertiser, jointly and severally, shall remain obligated to pay to STATION (i) the amount of any invoices rendered by STATION within the time specified and until payment in full is received by STATION; and (ii) any other amounts payable to STATION hereunder. Payment by Advertiser to AGENCY shall not constitute payment to STATION. (g) In the event any commercial announcements under this contract are purchased pursuant to a cooperative advertising arrangement, AGENCY is acknowledged to be the agent of the source of the cooperative advertising funds (hereinafter called “Vendor”) and Vendor shall be jointly and severally liable with AGENCY and Advertiser for payment in full of the entire cost of said announcements within the time specified and until payment in full is received by STATION. Payment by Vendor to AGENCY or Advertiser shall not constitute payment to STATION.