Common use of CONTRACT FEE Clause in Contracts

CONTRACT FEE. 3.1 Skills Tasmania must pay to the RTO the contract fee specified in the Schedule. 3.2 If the Schedule provides that the RTO is to be paid by any sort of periodical payments or instalments, then Skills Tasmania may defer any of those instalments or payments until the RTO has: a) completed the Contracted Services, or b) rectified any matters identified by Skills Tasmania during the exercise of its powers under Clause 13 of this agreement, to which the payment relates, to Skills Tasmania’s satisfaction. 3.3 The RTO acknowledges that funds provided under this agreement may not reflect the full cost of delivering the Contracted Services, in which case, the funds are in the nature of a subsidy only.

CONTRACT FEE. 3.1 Skills Tasmania must pay to the RTO the contract fee specified in the Schedule. 3.2 If if the Schedule provides that the RTO is to be paid by any sort of periodical payments or instalments, then Skills Tasmania may is entitled to defer any of those payments or instalments or payments until the RTO has: a) has completed the Contracted Services, or b) rectified any matters identified by Skills Tasmania during the exercise of its powers under Clause 13 of this agreement, Services to which the payment relates, to Skills Tasmania’s satisfaction. 3.3 The RTO acknowledges that the funds provided under this agreement may not reflect the full cost of delivering the Contracted Services, Services in which case, case the funds provided under this agreement are in the nature of a subsidy only.