Time Period for Payment Sample Clauses

The "Time Period for Payment" clause defines the specific timeframe within which payments must be made under the terms of an agreement. Typically, this clause will state the number of days after receipt of an invoice or completion of services by which payment is due, such as requiring payment within 30 days. By clearly establishing payment deadlines, this clause helps prevent disputes over late payments and ensures predictable cash flow for the parties involved.
POPULAR SAMPLE Copied 1 times
Time Period for Payment. Per diem charges for each Child placed under this Contract will begin on the day of the Child's placement with the Contractor and end on the day before the Child's termination from the Contractor's program. The Contractor shall maintain an accurate record of the days the child was placed in the Contractor's program in support of each day the Contractor claims reimbursement from DCS for the per diem. This record shall be maintained in a manner consistent with the requirements of the Provider Manual.
View SourceView Similar (12)
Time Period for Payment. We will normally pay out any surrender, partial surrender, loan or death benefit within seven days of receiving your Written Notice or Written Request, or receipt and filing of due proof of death. However, we have the right to suspend or delay the date of any surrender, partial surrender, loan or death benefit payment from the Subaccounts for any period during which: (1) the New York Stock Exchange is closed, other than customary weekend and holiday closings, or trading on the New York Stock Exchange is restricted as determined by the Securities and Exchange Commission; or (2) the Securities and Exchange Commission permits by an order the postponement for the protection of contract Owners; or (3) The Securities and Exchange Commission determines that an emergency exists that would make the disposal of securities held in the Variable Account or the determination of the value of the Variable Account’s net assets not reasonably practicable. For any surrender, partial surrender, loan or transfer from the Fixed Account, we have the right to postpone making a payment to you for up to six months from the date of Written Notice. If payment is not made within 30 days after receipt of documentation necessary to complete the transaction (or such shorter period required by a particular jurisdiction) we will add interest to the amount paid from the date of receipt of documentation. We will determine this annual interest rate but it will never be less than the rate required by the state in which this Contract is delivered.
View SourceView Similar (11)
Time Period for Payment. Upon receipt of a clean claim (into the POS pharmacy claims processing system) properly submitted by the Pharmacy, PBM shall pay the Pharmacy within ten (10) calendar days.
View SourceView Similar (2)
Time Period for Payment. Any partial surrender, cash surrender value or death benefit will usually be paid within seven days of receiving your written request in our Home Office, or receipt and filing of due proof of death. However, we have the right to suspend or delay the date of any surrender, partial surrender or death benefit payment from the sub-accounts for any period during which: (1) the New York Stock Exchange is closed, other than customary weekend and holiday closings, or trading on the New York Stock Exchange is restricted as determined by the Securities and Exchange Commission; or (2) the Securities and Exchange Commission permits by an order the postponement for the protection of contract owners; or (3) The Securities and Exchange Commission determines that an emergency exists that would make the disposal of securities held in the variable account or the determination of the value of the variable account’s net assets not reasonably practicable. For any surrender, partial surrender or transfer from the fixed account, we have the right to postpone making a payment to you for not more than six months from the date of written notice. If payment is not made within 30 days after receipt of documentation necessary to complete the transaction, or such shorter period required by a particular jurisdiction, interest will be added to the amount paid from the date of receipt of documentation at 3% or such higher rate required for a particular state.
View SourceView Similar (2)
Time Period for Payment. Upon final judgment in any Claim that gives rise to a Loss, the Indemnitee shall notify the Indemnitor and the Indemnitor shall, within twenty (20) days after receipt of such notice, pay to the Indemnitee the full amount of Incurred Losses related to or regarding the Claim, provided, however, that (i) if funds which have been deposited as security for that specific Claim are released, the released funds will be used to pay the Claim; and (ii) if no funds were deposited as security for that specific Claim, or the funds deposited are insufficient, the Indemnitor shall pay the difference to the Indemnitee or to the Person or Persons designated by the Indemnitee.
View Source
Time Period for Payment. We will normally pay out any surrender, partial surrender, loan, or death benefit within seven days of receiving your Written Notice or receipt and filing of due proof of death. However, we have the right to suspend or delay the date of any surrender, partial surrender, loan, or death benefit payment from the Subaccounts for any period during which: 1) the New York Stock Exchange is closed, other than customary weekend and holiday closings, or trading on the New York Stock Exchange is restricted as determined by the Securities and Exchange Commission; or 2) the Securities and Exchange Commission permits by an order the postponement for the protection of contract Owners; or 3) the Securities and Exchange Commission determines that an emergency exists that would make the disposal of securities held in the Variable Account or the determination of the value of the Variable Account’s net assets not reasonably practicable. For any surrender, partial surrender, loan, or transfer from the Fixed Account, we have the right to postpone making a payment to you for up to six months from the date of Written Notice, except for any loan made to pay premiums due to the Company. If payment is not made within 30 days after receipt of documentation necessary to complete the transaction (or such shorter period required by a particular jurisdiction) we will add interest to the amount paid from the date of receipt of documentation. We will determine this annual interest rate but it will never be less than the rate required by the state in which this contract is delivered. ICC19J209
View Source

Related to Time Period for Payment

  • Time for Payment Interconnection Customer must provide the additional Security, in a form and with terms as required by Section 212.4, within 15 days after its receipt of Transmission Provider’s notice under this section. The requirement for additional Security under this section shall be treated as a milestone included in the Interconnection Service Agreement pursuant to Section 212.5.

  • Demand for Payment If an Event of Default shall occur and be continuing, then, upon written demand of Mortgagee, Mortgagor will pay to Mortgagee all amounts due hereunder and under the Credit Agreement and the Guarantee and Collateral Agreement and such further amount as shall be sufficient to cover the costs and expenses of collection, including attorneys’ fees, disbursements and expenses incurred by Mortgagee, and Mortgagee shall be entitled and empowered to institute an action or proceedings at law or in equity for the collection of the sums so due and unpaid, to prosecute any such action or proceedings to judgment or final decree, to enforce any such judgment or final decree against Mortgagor and to collect, in any manner provided by law, all moneys adjudged or decreed to be payable.

  • Basis for Payment DFPS is not obligated to pay unauthorized costs or to pay more than Grantee’s allowable and incurred costs consistent with 45 Code of Federal Regulations (CFR) 75, Subpart E (Cost Principles). Grantee is responsible for submitting invoices in an accurate and timely manner for each service period and for notifying DFPS of a need to expedite payment. DFPS will make reasonable efforts to process all bills received in an accurate and timely manner but does not warrant immediate payment.

  • Application for Payment The form acceptable to Owner that is to be used by the Contractor during the course of the Work in requesting payment from the Owner and that is to be accompanied by such supporting documentation as is required by the Contract Documents.