Vendor Payment Clause Samples

The Vendor Payment clause defines the terms and conditions under which a vendor will be compensated for goods or services provided. Typically, it outlines the payment schedule, acceptable methods of payment, and any requirements for invoicing or documentation before payment is released. For example, it may specify that payment is due within 30 days of invoice receipt or upon completion of certain project milestones. This clause ensures both parties have a clear understanding of when and how payments will be made, reducing the risk of disputes and promoting timely fulfillment of financial obligations.
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Vendor Payment. Pursuant to the Master Facilitator Agreement, the Board will allocate funds to the LEAs for the acquisition of the Buses acquired pursuant to the Financing Agreements. The Board will direct those funds to CONTRACTOR to pay the Installment Payments required by this Agreement. Within ten (10) days from the date of acceptance of the Accepted Buses in connection with an Appendix, the Board will direct funds representing the LEA’s first annual Installment Payment to be paid pursuant to “Part 2--Payment Schedule”of an Appendix and will arrange to transfer the Installment Payment to CONTRACTOR . No later than thirty (30) days after the LEA accepts the Accepted Buses, CONTRACTOR will pay the total cost of the Accepted Buses to the Vendor.
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Vendor Payment. (a) For purposes of this section, the vendor shall bill and the commissioner shall reimburse the vendor for full-day or partial-day services to a client that would otherwise have been paid to the vendor for providing direct services, provided that both of the following criteria are met: (1) the vendor provides services and payments to the qualified business that enable the business to perform support and supervision services for the client that the vendor would otherwise need to perform; and (2) the client for whom a rate will be billed will receive full-day or partial-day services from the vendor and the rate to be paid the vendor will allow the client to work with this support and supervision at the qualified business instead of receiving these services from the vendor. (b) Medical assistance reimbursement of services provided to persons receiving day training and habilitation services under this section is subject to the limitations on reimbursement for vocational services under federal law and regulation.
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Vendor Payment. A $100.00 stipend toward beer and wine distributed at the event is available to those breweries that require one; however, since this is a fundraiser event, there are two options: a. Instead of receiving a stipend for the product, Vendor would like to donate the beer/wine to the event. b. Vendor will invoice the Crystal Fund. The Crystal Fund will mail a check as notated on the invoice. Invoices can be sent by April 30, 2020 to: Crystal Fund Attention: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ North Crystal, MN 55422 Or, you may email your invoice to ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇. If your invoice is not sent by April 30, your product will be considered a donation to the Crystal Fund. Thank you!
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Vendor Payment. Compensation for Vendor’s Software product including license/maintenance services will be provided by End User in a timely manner, as described in Schedule A/Quote. Failure to submit payment in a timely manner may result in an interruption of service.
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Vendor Payment a. All charges related to APPLICANT must be paid within 30 days of invoice. Failure to comply will result in non-participation and/or fines. b. APPLICANT agrees to allow ▇▇▇▇ access to any and all vendor records. In the event of a dispute, the burden of proof is on the participant.
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Vendor Payment. Pursuant to the Master Facilitator Agreement, the State Board will allocate funds to the LEAs for the acquisition of the Buses acquired pursuant to the Financing Agreements. The Board will direct those funds to CCMI or its assignee to pay the Installment Payments required by this Agreement. Within ten (10) days from the date of acceptance of the Accepted Buses in connection with an Appendix, the State Board will direct funds representing the LEA’s first annual Installment Payment to be paid pursuant to “Part 2--Payment Schedule”of an Appendix and will arrange to transfer the Installment Payment to CCMI or its assignees. The first annual Installment Payment will be deposited to the Acquisition Fund pending payment to the Vendor. No later than thirty (30) days after the LEA accepts the Accepted Buses, CCMI will pay the total cost of the Accepted Buses to the Vendor.
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Vendor Payment. Casa Seller shall have made the payment set forth on Schedule 8.2(e).
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Related to Vendor Payment

  • – PREMIUM & OTHER PAYMENT 16.01 Overtime shall be paid for all paid hours over seven and one-half (7½) hours on a shift or seventy-five (75) hours bi-weekly at the rate of one and one-half (1½) times the employee's regular straight time hourly rate of pay. Overtime is subject to authorization by the Director of Nursing or designate. Authorization shall not be unreasonably withheld. In the event of an emergency, authorization may not be required. 16.02 When an employee is required to work on a paid holiday or on a day for which she is entitled to receive time and one-half (1½) her regular straight time hourly rate and she is required to work additional hours in excess of her normal seven and one-half (7½) hour shift on that day, she shall receive two (2) times her regular straight time hourly rate for such additional hours worked. 16.03 If an employee reports for work at the regularly scheduled time and no work is available, such employee will be paid a minimum of four (4) hours pay at her regular straight time hourly rate, provided the employee has not previously received notification orally or in writing not to report. 16.04 Where call-in is requested within one-half (½) hour of the starting time of the shift and the employee commences work within one (1) hour of the call, then the employee will be paid as if the entire shift had been worked, provided she completes the shift for which she was called in. 16.05 It shall be the responsibility of the employee to consult the posted work schedule. Changes to the posted schedule required by the Employer shall be brought to the attention of the employee. Where less than twenty-four (24) hours' notice is given to the employee personally, the employee will be paid four (4) hours’ straight time wages or six (6) hours’ straight time wages if an extended tour. It is understood that call-ins or call-backs are not covered by this provision. 16.06 If an employee works two consecutive shifts she shall be provided a meal by the Employer, or if a meal cannot be provided she shall receive a meal allowance of five dollars ($5.00).

  • Other Payments You must give your correct TIN, but you do not have to sign the certification unless you have been notified that you have previously given an incorrect TIN. “Other payments” include payments made in the course of the requester’s trade or business for rents, royalties, goods (other than bills for merchandise), medical and health care services (including payments to corporations), payments to a nonemployee for services, payments made in settlement of payment card and third party network transactions, payments to certain fishing boat crew members and fishermen, and gross proceeds paid to attorneys (including payments to corporations).

  • Due date for payment The settlement date for each Tax Invoice issued by the Distributor must be the 20th day of the month in which the Tax Invoice is received, or if the 20th day of the month is not a Working Day, the first Working Day after the 20th day. However, if the Distributor fails to send a Tax Invoice to the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates, the due date for payment is extended by 1 Working Day for each Working Day that the Tax Invoice is late.

  • Security for Payment To secure payment of all obligations due hereunder, the Customer hereby grants to Custodian a continuing security interest in and right of setoff against each Account and all Property held therein from time to time in the full amount of such obligations; provided that, if there is more than one Account and the obligations secured pursuant to this Section can be allocated to a specific Account or the Portfolio related to such Account, such security interest and right of setoff will be limited to Property held for that Account only and its related Portfolio. Should the Customer fail to pay promptly any amounts owed hereunder, Custodian shall be entitled to use available Cash in the Account or applicable Account, as the case may be, and to dispose of Securities in the Account or such applicable Account as is necessary. In any such case and without limiting the foregoing, Custodian shall be entitled to take such other action(s) or exercise such other options, powers and rights as Custodian now or hereafter has as a secured creditor under the New York Uniform Commercial Code or any other applicable law.

  • Request for Payment A. Not more than once every thirty days the Consultant shall send electronically to ▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ its request for payment of Exhibit A Work, accompanied by evidence satisfactory to the City justifying the request for payment, including a report of Work accomplished and tasks completed, and an itemization of Eligible Expenses with copies of receipts and invoices.