Accounting and Payments. 5.1 The total NIHR Programme Grants for Applied Research Funding shall not exceed the amounts detailed in Section 4. Subject to the conditions set out in Section 3, the Provider is free to administer the funds without further reference to the Authority. Payments to third parties remain the responsibility of the Provider who shall ensure such payments are made promptly.
5.2 Payments will be made by the Authority on the basis of the dates and amounts specified in Section 4. The Authority may suspend this payment schedule at any time if in its opinion reasonable progress on the activities is not being maintained, or the reports specified at Condition 12 of Section 2 and paragraph 2 of section 4 are not submitted. The Authority may request at any time such evidence as may reasonably be required that the Provider has spent the amounts paid. To facilitate this the Provider shall maintain its financial records relating to the Agreement for a period not less than two years after the end of the Completion Date.
5.3 The Provider grants to the Authority and to any statutory or regulatory auditors of the Authority and to their authorised agents the right of reasonable access to (and if necessary to copy) the relevant financial records during normal business hours.
5.4 The Provider shall provide all reasonable assistance at all times during the currency of the Agreement and during the period of two years after termination or expiry of this Agreement for the purposes of allowing the Authority to obtain such information as is necessary to fulfil the Authority's obligations to supply information for Parliamentary, Governmental, Judicial or other administrative purposes and/or to carry out an audit of the Provider's compliance with this Agreement including all activities, performance, security and integrity in connection therewith.
5.5 If at any time an overpayment has been made to the Provider for any reason whatsoever, the amount of such overpayment shall be taken into account in assessing any further payments, or shall be recoverable from the Provider.
Accounting and Payments. Running royalties shall be payable for each calendar half year, and shall be due to MI within 30 (thirty) days of the end of each calendar half year.
Accounting and Payments. Running royalties shall be payable for each calendar half year, and shall be due to GI within 60 (sixty) days of the end of each calendar half year.
Accounting and Payments. Each Service Provider shall submit to each Service Recipient, within thirty (30) days following the end of each month (or such shorter period as the Parties may agree), a written statement, general ledger records, or such other documentation as agreed upon between the Parties evidencing the amount estimated to be owed by such Service Recipient for services and the use of facilities pursuant to this Agreement in that month (or such other period as the Parties may agree), and each Service Recipient shall pay to any Service Provider within fifteen (15) days following receipt of such written statement the amount set forth in the statement. Within sixty (60) days following the end of each calendar quarter, each Service Provider shall submit to each Service Recipient a statement of actual apportioned expenses for the prior calendar quarter showing the basis for the apportionment of each item. Any Service Recipient may request a written statement from a Service Provider setting forth, in reasonable detail, the nature of the services rendered or expenses incurred and other relevant information to support the charge. Any difference, whether an underpayment or overpayment, between the amount of the estimated apportioned expenses paid by a Service Recipient and the amount of the actual apportioned expenses shall be paid to the Service Provider or the Service Recipient, as applicable, within fifteen (15) days following receipt of such statement of actual apportioned expenses. All settlements shall be in compliance with the NAIC Accounting Practices and Procedures Manual. No Service Recipient shall advance funds to a Service Provider except to pay for Services as defined in this Agreement.
Accounting and Payments. Each Service Provider shall submit to each Service Recipient general ledger records or such other documentation as agreed upon between the Parties evidencing the amount owed by such Service Recipient for services and the use of facilities pursuant to this Agreement in the period referenced in the record, and each Service Recipient shall pay to any Service Provider within ninety (90) days following receipt of such record written statement the amount set forth in the record statement. Certain amounts posted by Service Providers shall represent estimates based upon prior quarter data and quarterly, such estimates shall be reversed and replaced with actual amounts within ninety (90) days. Any difference, whether an underpayment or overpayment, between the amount of the estimated apportioned expenses and the amount of the actual apportioned expenses shall be paid to the Service Provider or the Service Recipient, as applicable at such time. Any Service Recipient may request a written statement from a Service Provider setting forth, in reasonable detail, the nature of the services rendered or expenses incurred and other relevant information to support the charge. All settlements shall be in compliance with the NAIC Accounting Practices and Procedures Manual. No Service Recipient shall advance funds to a Service Provider except to pay for Services as defined in this Agreement.”
Accounting and Payments. Each Service Provider shall submit to each Service Recipient general ledger records written statement or such other documentation as agreed upon between the Parties evidencing the amount owed by such Service Recipient for services and the use of facilities pursuant to this Agreement in the period referenced in the record statement, and each Service Recipient shall pay to any Service Provider within a period of thirty (30) days, extendable by the Parties to a maximum of ninety (90) days, following receipt of such record written statement the amount set forth in the record statement. Certain amounts posted by Service Providers shall represent estimates based upon prior quarter data and quarterly, such estimates shall be reversed and replaced with actual amounts within ninety (90) days. Any difference, whether an underpayment or overpayment, between the amount of the estimated apportioned expenses and the amount of the actual apportioned expenses shall be paid to the Service Provider or the Service Recipient, as applicable at such time. Any Service Recipient may request a written statement from a Service Provider setting forth, in reasonable detail, the nature of the services rendered or expenses incurred and other relevant information to support the charge. All settlements shall be in compliance with the NAIC Accounting Practices and Procedures Manual. No Service Recipient shall advance funds to a Service Provider except to pay for Services as defined in this Agreement.”
Accounting and Payments. Each Service Provider shall submit to each Service Recipient, within thirty (30) days following the end of each month (or such other period as the Parties may agree), a written statement of the amount estimated to be owed by such Service Recipient for services and the use of facilities pursuant to this Agreement in that month (or such other period as the Parties may agree), and each Service Recipient shall pay to any Service Provider within fifteen (15) days following receipt of such written statement the amount set forth in the statement. Within sixty (60) days following the end of each calendar quarter, each Service Provider shall submit to each Service Recipient a statement of actual apportioned expenses for the prior calendar quarter showing the basis for the apportionment of each item. Any Service Recipient may request a written statement from a Service Provider setting forth, in reasonable detail, the nature of the services rendered or expenses incurred and other relevant information to support the charge. Any difference, whether an underpayment or overpayment, between the amount of the estimated apportioned expenses paid by a Service Recipient and the amount of the actual apportioned expenses shall be paid to the Service Provider or the Service Recipient, as applicable, within fifteen (15) days following receipt of such statement of actual apportioned expenses.
Accounting and Payments. 9.1 The amounts of any deposits or withdrawals will be stated as a Balance transaction in the account history.
9.2 Payments will be delivered to the client upon request which is consistent with the details and conditions in this agreement.
9.3 The client declares and confirms that the company can deduct from his account all the taxes or fees, including tax source fees, that are due according to regulations and he will have no claims against the company.
9.4 All clients that use credit card transaction have a limit to 1 card per account, 10 transactions per card with a $10,000 max amount per card.
Accounting and Payments. (a) Each Provider shall submit to each Recipient, within thirty (30) days following the end of each calendar quarter (or on a more frequent basis as reasonably necessary), a written statement of the amount estimated to be owed by such Recipient for Personnel, resources, facilities or services pursuant to this Agreement in that calendar quarter (or on a more frequent basis as reasonably necessary), including, for the avoidance of doubt, Provider Compensation Costs, and each Recipient shall pay to the applicable Provider within thirty (30) days following receipt of such written statement the amount set forth in the statement. Within sixty (60) days following the end of each calendar quarter, each Provider shall submit to each Recipient a statement of actual apportioned expenses and/or charges for services rendered for the prior calendar quarter, including the basis for the apportionment of each item. Any Recipient may request a written statement from a Provider setting forth, in reasonable detail, the nature of such expense and/or the nature of the services rendered and other relevant information to support the charge. Any difference, whether an underpayment or overpayment, between the estimated amount paid by a Recipient pursuant to the first sentence of this clause (a) and the amount of the actual apportioned expenses and charges shall be paid to the Provider or the Recipient, as applicable, within thirty (30) days following receipt of such statement of actual apportioned expenses and charges. For the avoidance of doubt, except as a result of an estimated payment, no Recipient shall be required to advance any funds to a Provider hereunder. Calculation of costs and invoices will be made in compliance with the requirements in the NAIC Accounting Practices and Procedures Manual and Statement of Statutory Accounting Principles (SSAP) No. 25 – Accounting for and Disclosures about Transactions with Affiliates and Other Related Parties or other applicable SSAP.
(b) Each Recipient shall pay and be liable for any and all sales, service, value- added or other similar Taxes or levies (but not including any Taxes based upon or calculated by reference to income, receipts or capital or withholding taxes) imposed upon, sustained, incurred or levied with respect to the sale, performance, provision or delivery of a services provided by Provider pursuant to this Agreement (“Sales and Service Taxes”). Such Sales and Service Taxes shall be separately stated on the relevant st...
Accounting and Payments. 20.1 The Contractor shall keep its accounts in accordance with applicable regulations and with the provisions of the accounting procedure provided in annexe B attached hereto, which forms an integral part of this Amendment.
