PAYMENTS TO SERVICE PROVIDER Clause Samples

PAYMENTS TO SERVICE PROVIDER. 23 15.01 Charges........................................................................23 15.02 Reserved.......................................................................23 15.03
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PAYMENTS TO SERVICE PROVIDER. A. The CITY agrees to pay and the SERVICE PROVIDER agrees to accept as full payment for all work done and all materials furnished and for all costs and expenses incurred in performance of the work the sums set forth for the hourly labor rate and material costs, with markups, stated within the Bid Schedule Proposal Form, attached hereto as Exhibit B, consisting of the SERVICE PROVIDERs RFP Response, and incorporated herein by this reference. Payment shall be made by the CITY only upon acceptance of the work by the CITY and upon the SERVICE PROVIDER furnishing satisfactory evidence of payment of all wages, taxes, supplies and materials, and other costs incurred in connection with the performance of such work. B. Invoices received from the SERVICE PROVIDER pursuant to this Contract will be reviewed and approved by the Project Manager, indicating that services have been rendered in conformity with the Contract and then will be sent to the Finance Department for payment. C. Payment Terms shall be Net 30 Days from the date of the SERVICE PROVIDER’s invoice. ARTICLE 4 -
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PAYMENTS TO SERVICE PROVIDER. 9.1. Monthly Invoices. Service Provider shall deliver a statement to Customer on or about the 15th day of each month identifying the Consideration to be paid by Customer under this Agreement for the preceding month. Such statement shall set forth a brief description of the Services and other activities provided by Service Provider during such period and the total amounts owed by Customer in each of the following categories: (i) the Monthly Service Fee, (ii) Pass-Through Costs, (iii) Costs and (iv) 10% of Costs.
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PAYMENTS TO SERVICE PROVIDER. 26.1 UPCA shall pay 10% (ten per cent) of the Accepted Contract Amount to the Service Provider as an advance payment in a single installment within 10 days on issuance of LOA . The Advance Payment shall be interest free and will be paid by UPCA only after the Service Provider furnishes the Performance Bank Guarantee to UPCA following this Agreement. The Advance Payment shall be recovered on pro-rata percentage basis to the gross value of the work billed beyond 30% in such a way that the entire advance is recovered by the time 90% of the gross value of the contract is executed and paid. The advance shall be paid only if submission of Performance Bank Guarantee to UPCA has been done by the Service Provider in accordance with this Agreement. The Contract Price will be paid by UPCA as per the payment schedule contained in the Proposal. Such a payment schedule will form part of this Agreement and be appended as Appendix B hereto. The payment under this Agreement shall be applicable for preparing the Designs and Construction Works of facilities only. 26.2 As and when the Service Provider considers itself entitled to any payment under Appendix B hereto, it shall submit a statement in two copies (one hard copy and one soft copy) to UPCA’s Proof Consultant and PMO Team for the amount which the Service Provider considers is due to it under Appendix B hereto along with supporting documents. The monthly running account bills / payments shall be derived on pro-rata basis of each activity as per payment schedule. All applicable statutory deductions as well as deduction towards recovery of Advance Amount as per Clause 26.1 above will be made at the time of making payment of Running Account / payments. Without prejudice to the generality of the foregoing, labour cess shall be deducted from the Running Account bills and the same shall be paid by the Service Provider as per the statutory applicable rates & timelines. This statutory payment of the labour cess will subsequently be reimbursed by UPCA on production of actual proof/ challan and necessary details. Adhoc Payment: The interim bill shall be broadly checked and recommended by Proof Consultant and/or PMO team with a payment certificate (“Payment Certificate” certifying that the amount specified therein is due and payable by UPCA to the Service Provider under this Agreement) for release of 80% of assessed value of the interim bill as an adhoc payment and the same shall be paid within 7 days of submission .The balance a...
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PAYMENTS TO SERVICE PROVIDER. (a) Service Provider shall issue to Owner an invoice on or before the last day of each Month (the “Monthly Invoice”) reflecting Service Provider’s estimates of Expenditures (split between Operating Expenses and Capital Expenditures) reasonably expected to be incurred by Service Provider under this Agreement for the Month following the Month in which the Monthly Invoice is issued (the “Relevant Month”). As to each Monthly Invoice, Owner shall remit payment to Service Provider on or before the 15th day of the Relevant Month of such Monthly Invoice. (b) All payments pursuant to this Section 5.1 shall exclude any costs or expenses for which Service Provider is required to indemnify Owner pursuant to Section 11.1. (c) Monthly Invoices shall take into account any prior payments made by Owner that have not been used by Service Provider. Each Monthly Invoice shall include a reconciliation (split between Operating Expenses and Capital Expenditures) of the Monthly Invoice payment made by Owner for the full Relevant Month immediately preceding the issuance of the Monthly Invoice and the actual costs and expenses incurred by Service Provider during such Relevant Month, and any amount owing by one Party to the other Party pursuant to such reconciliation shall adjust the amount otherwise payable on that Monthly Invoice.
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PAYMENTS TO SERVICE PROVIDER 
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Related to PAYMENTS TO SERVICE PROVIDER

  • Payments to Recipients The Distributor is authorized under the Plan to pay Recipients (1) distribution assistance fees for rendering distribution assistance in connection with the sale of Shares and/or (2) service fees for rendering administrative support services with respect to Accounts. However, no such payments shall be made to any Recipient for any period in which its Qualified Holdings do not equal or exceed, at the end of such period, the minimum amount (“Minimum Qualified Holdings”), if any, that may be set from time to time by a majority of the Independent Trustees. All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the FINRA Rules. The Distributor may make Plan payments to any “affiliated person” (as defined in the ▇▇▇▇ ▇▇▇) of the Distributor if such affiliated person qualifies as a Recipient or retain such payments if the Distributor qualifies as a Recipient.

  • Payments to Subcontractors Develop and implement a procedure for the review, processing and payment of applications by subcontractors for progress and final payments.

  • Payments to Owner Section 4.01 Remittances...................................................29 Section 4.02 Statements to Owner...........................................29 Section 4.03 Monthly Advances by Servicer..................................30 Section 4.04 Due Dates Other Than the First of the Month...................30 ARTICLE V

  • Payments to the Distributor In consideration of the payments made by the Fund to the Distributor under this Plan, the Distributor shall provide administrative support services and distribution assistance services to the Fund. Such services include distribution assistance and administrative support services rendered in connection with Shares (1) sold in purchase transactions, (2) issued in exchange for shares of another investment company for which the Distributor serves as distributor or sub-distributor, or (3) issued pursuant to a plan of reorganization to which the Fund is a party. If the Board believes that the Distributor may not be rendering appropriate distribution assistance or administrative support services in connection with the sale of Shares, then the Distributor, at the request of the Board, shall provide the Board with a written report or other information to verify that the Distributor is providing appropriate services in this regard. For such services, the Fund will make the following payments to the Distributor:

  • Payments to the Company Except as provided in Section 1(d), 2 or 3 hereof, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan(s).