Terms and Conditions of Payment Clause Samples
The Terms and Conditions of Payment clause defines the rules and expectations regarding how and when payments must be made under a contract. It typically outlines payment schedules, acceptable methods of payment, and any penalties for late payments, such as interest charges or suspension of services. By clearly specifying these details, the clause helps prevent misunderstandings and disputes over financial obligations, ensuring both parties are aware of their responsibilities and the consequences of non-compliance.
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Terms and Conditions of Payment. Payments will be made to the Service Provider according to the payment schedule stated in the SCC. Unless otherwise stated in the SCC, the advance payment (Advance for Mobilization, Materials and Supplies) shall be made against the provision by the Service Provider of a bank guarantee for the same amount, and shall be valid for the period stated in the SCC. Any other payment shall be made after the conditions listed in the SCC for such payment have been met, and the Service Provider have submitted an invoice to the Procuring Entity specifying the amount due.
Terms and Conditions of Payment. Payments will be made to the account of the Consultant and according to the payment schedule stated in Appendix-B. Unless otherwise stated in the SC, the first payment shall be made against the provision by the Consultant of an advance payment guarantee for the same amount, and shall be valid for the period stated in the SC. Such guarantee shall be in the form set forth in Appendix D hereto, or in such other form, as the USF shall have approved in writing. Any other payment shall be made after the conditions listed in the SC for such payment have been met, and the Consultant has submitted an invoice to the USF specifying the amount due.
Terms and Conditions of Payment. Unless agreed otherwise in writing, the prices agreed shall constitute fixed prices. Such prices shall include the expenses for packaging, freight and transport to the receiving point specified by the Customer as well as the costs of transport insurance. The agreed prices shall not include the statutorily applicable value added tax.
Terms and Conditions of Payment. Contractor’s reimbursement amount shall not exceed the total amount of $325,000 for the term of this agreement. It is the obligation of the Contractor to progressively monitor all expenditures and take appropriate corrective preventive measures including the timely notification of Mendocino County Health and Human Services Agency (HHSA), Social Services Branch if stoppage of services becomes the necessary measure to prevent the over-expenditure of contract funds. Prior approval from the Director and Contractor’s signatory or an authorized designee shall be required to alter or change the terms and conditions of this agreement.
Terms and Conditions of Payment. 3.3.1 The price payable by AGM to ▇▇. ▇▇▇▇▇▇ ▇▇▇▇ is as follows:
3.3.2 The sum of US$1,350 shall be paid on the 1st of each month from May 1, 2018.
3.3.3 Expenses will be reimbursed on presentation of an expense account on the 24th of each month.
Terms and Conditions of Payment. Payment will be made to the account of the Consultants and according to the payment schedule stated in the SC. Payments shall be made after the conditions listed in the SC for such payments have been met, and the Consultants have submitted an invoice to the Client specifying the amount due.
Terms and Conditions of Payment. 10.1. The total cost of this service is set out in the Client Registration Form and which is to be paid by the Client as follows:-
10.1.1. the Registration Fee shall be payable by the Client to Netcells upon registration and prior to the delivery of the Netcells Collection Kit;
10.1.2. the processing & storage fee shall be due and payable once the Client has received notification (meaning confirmation of storage by Netcells together with issue of the Cord Blood and/or Cord Tissue Test results certificate) of the storage of the Stem Cells.
10.2. Included in the Registration Fee in Clause 10.1.1 above, is the normal cost of a courier. Any additional or special courier charges (public holidays, outlying areas, express delivery) shall be pre-authorised and separately invoiced to the Client.
10.3. Included in the processing & storage fee in Clause 10.1.2 above, is the cost for the testing of Maternal Blood. Should the Maternal Blood not be collected at birth and couriered with the Cord Blood and/or Cord Tissue or should there be insufficient blood and additional Maternal Blood is required, the costs of withdrawing the Maternal Blood and couriering it (separately from the Cord Blood and/or Cord Tissue to the Netcells laboratory, will be for the Client’s own account. Where a pregnancy is assisted by surrogacy, the Maternal Blood will need to be collected from the Surrogate Mother.
10.4. The Client may select to pay the processing and storage fee in accordance with a monthly payment plan as indicated in the Client Registration Form. In this case, a compulsory debit order authorisation form needs to be signed and should this be returned by the bank for any reason whatsoever, the Client will be liable to pay a debit order rejection fee of R100 (one hundred Rand). By signing this Agreement the Client confirms that the Parents have the necessary funds and cash flow to service the monthly repayments and that this repayment commitment cannot be deemed to be a reckless extension of the Parents financial obligations.
10.5. Where a pregnancy has been assisted by partial surrogacy and the Surrogate Mother exercises her right to terminate the surrogacy agreement within 60 (sixty) days of the child being born, the commissioning parent will be responsible to pay the processing and storage fees in full and to recover these funds from the Surrogate Mother as expenses incurred in terms of the agreement.
10.6. All overdue amounts shall bear interest at a rate equivalent to the agg...
Terms and Conditions of Payment. The price is payable by CUSTOMER to VENDOR according to the terms and conditions of payment indicated in the Specifications.
Terms and Conditions of Payment of the works (Art. 66 et seq and 95)
Terms and Conditions of Payment. 1. The advance invoice mentioned in Article 3.1.1 must be settled upon signing this agreement.
2. The registration, renewal and other fees must be paid according to the payment modalities indicated in DNS Belgium's invoices to the registrar. Invoices are issued at the end of each month for the registration, renewal and other transactions (transfer, reactivation, Domain Guard) relating to domain names carried out during the past month. The registrar must take all steps to delete every domain name not renewed by their registrant, from the automatic registration system at the latest on the last working day of that month. Domain names for which the right of use will expire during the month of invoicing and which are not deleted from the system will be automatically renewed and invoiced by DNS Belgium. The registration and renewal fees are due as soon as the right of use is granted or renewed, whether or not the registrant pays the registrar.
3. The bulk transfer fee must be paid according to payment modalities indicated by the specific invoice that DNS Belgium issues following the execution of the transfer of (part of) the portfolio.
4. Invoices must be paid within 30 days after their issuance date. Disputes regarding the invoices need to be notified in writing to DNS Belgium within this period of 30 days. In case of late payment, the following penalties apply without notice: compensation payment of 10 % of the amount due, with a minimum of 250,00 EUR, and a late-payment interest of 1 % a month whereby any started month shall be regarded as a complete month; without prejudice to other sanctions in this agreement.
5. DNS Belgium shall use any received payments to settle the oldest outstanding and overdue invoices issued against the registrar.