PROMPT PAYMENTS Clause Samples

PROMPT PAYMENTS. Bcom3 will make all payments owing to the Executive under this Agreement promptly (and in any event within five business days) after the amount so owing is determined.

PROMPT PAYMENTS. Progress invoices submitted to MoDOT for reimbursement more than thirty (30) calendar days after the date of the vendor invoice shall also include documentation that the vendor was paid in full for the work identified in the progress invoice. Examples of proof of payment may include a letter or e-mail from the vendor, lien waiver or copies of cancelled checks. Reimbursement will not be made on these submittals until proof of payment is provided. Progress invoices submitted to MoDOT for reimbursement within thirty (30) calendar days of the date on the vendor invoice will be processed for reimbursement without proof of payment to the vendor. If the County has not paid the vendor prior to receiving reimbursement, the County must pay the vendor within two (2) business days of receipt of funds from MoDOT.

PROMPT PAYMENTS. Progress invoices submitted to MoDOT for reimbursement more than thirty (30) calendar days after the date of the vendor invoice shall also include documentation that the vendor was paid in full for the work identified in the progress invoice. Examples of proof of payment may include a letter or e-mail from the vendor, lien waiver or copies of cancelled checks. Reimbursement will not be made on these submittals until proof of payment is provided. Progress invoices submitted to MoDOT for reimbursement within thirty (30) calendar days of the date on the vendor invoice will be processed for reimbursement without proof of payment to the vendor. If the City has not paid the vendor prior to receiving reimbursement, the City must pay the vendor within two (2) business days of receipt of funds from MoDOT.

PROMPT PAYMENTS. Appendix B Prompt Payments, applies to this Piggyback Contract. The parties acknowledge that Article 11-A of the State Finance Law requires payments to small businesses to be made within 15 days if the conditions set forth therein are met. The Federal Prompt Payment Act (or any other law governing payment terms incorporated in the Master Contract) does not apply to the Piggyback Contract regardless of customer.

PROMPT PAYMENTS. Unless there is a disagreement about the expense, as discussed below, where the County has made payments on Joint Expenses and requested payment from the City for the City’s share of the cost of services performed in furtherance of Joint Expenses, the City shall make payments within 30 days upon receipt of a request for payment from the County.

PROMPT PAYMENTS. DISTRICT agrees to promptly make progress payments on undisputed and properly submitted payment requests within thirty (30) days and to comply with the provisions of Public Contract Code Section 20104.50.

PROMPT PAYMENTS. If any payment (a) of monthly rental is not received by Landlord within ten (10) days after such payment is due, or (b) of any other amount due and payable by Tenant under this Lease is not received by Landlord within thirty (30) days after invoice by Landlord therefor, such payment shall bear a handling fee of five percent (5%) of the amount due to cover expenses incurred by Landlord such as bookkeeping, personnel, processing and other costs not contemplated hereunder and incapable of exact computation; provided, however, Tenant shall not be responsible to pay such handling fee the first time in each twelve (12) month period under this Lease that such handling fee is due. Landlord and Tenant agree that said fee represents a fair and reasonable estimate of Landlord’s expenses. Tenant shall remit payment of such handling fee within thirty (30) days after receiving a ▇▇▇▇ therefor from Landlord. The handling fee shall be in addition to the remedies available to Landlord pursuant to Section 16 and shall in no way be construed to limit those remedies.

PROMPT PAYMENTS. 4.2.4.1 The OWNER shall make payment to CONSULTANT of the sum named in a payment application within thirty (30) calendar days after the day on which the OWNER received the mutually acceptable payment application. If the OWNER fails to make such prompt payment, then OWNER will pay CONSULTANT, in addition to the amount owed for the payment application, interest thereon at the rate specified in Government Code, Section 2251.025(b) from date due until fully paid, which shall fully liquidate any injury to CONSULTANT growing out of such delay in payment. DocuSign Envelope ID: 15665ECC-AD11-4538-90BF-4E6A6EAC0A39 4.2.4.2 The OWNER cannot make a partial payment on an invoice in dispute. The CONSULTANT may resubmit an invoice for the undisputed amount or wait for payment until the dispute has been resolved. The thirty (30) calendar days restarts after the OWNER receives a corrected payment application.

PROMPT PAYMENTS a. The Owner shall make payment to Consultant of the sum named in a payment application within thirty (30) calendar days after the day on which the Owner received the mutually acceptable payment application. If the Owner fails to make such prompt payment, then Owner will pay Consultant, in addition to the amount owed for the payment application, interest thereon at the rate specified in Government Code, Section 2251.025(b) from date due until fully paid, which shall fully liquidate any injury to Consultant growing out of such delay in payment. b. The Owner cannot make a partial payment on an invoice in dispute. The Consultant may resubmit an invoice for the undisputed amount or wait for payment until the dispute has been resolved. The thirty (30) calendar days restarts after the Owner receives a corrected payment application.