Contract Price Payment Sample Clauses

Contract Price Payment. (a) The Contract Price for the Product in the form of each Renewable Energy Credit Delivered in each Vintage shall be as follows:

Contract Price Payment. 5.1. In consideration for the Goods, Facilities and/or Services provided under the Contract the BBC shall pay to the Supplier the Contract Price exclusive of VAT (which if applicable shall be applied at the appropriate rate) subject to and in accordance with Clauses 5.2, 5.3, 5.4.1 and 5.4.2 below. 5.2. The Supplier shall submit a valid VAT invoice for the whole or any part of the Contract Price to the BBC at the address as specified in the Purchase Documentation quoting the relevant Purchase Documentation number and the Supplier and the BBC agree that the BBC shall pay such sums as are due by the end of the month following the month in which the invoice is dated. 5.3. The BBC reserves the right to withhold payment where the Goods, Facilities and/or Services have not been provided in accordance with the Contract and shall notify the Supplier accordingly. The BBC shall give reasons for the withholding of the payment and shall only be entitled to withhold that amount indicated as in dispute. If any sum of money shall be recoverable from or payable by the Supplier under this or any other contract with the Supplier, the same may be deducted from any sum then due or which at any time thereafter may become due to the Supplier under this or any other contract with the Supplier. Exercise by the BBC of its rights under this Clause shall be without prejudice to any other rights or remedies available to it under the Contract or otherwise, at law or in equity. 5.4.1. Subject to Clause 5.3 above and to Clause 5.4.2 below, in event that the BBC fails to make payment in accordance with Clause 5.2 above the Supplier shall be entitled to charge the BBC interest from the date specified for payment of the principal in Clause 5.2 upon the unpaid amount of the principal at the rate of 4% per annum above the Bank of England base rate in force from time to time until payment of the principal is made in full PROVIDED THAT written notice shall be given by the Supplier that the amount has not been paid and specifying the total amount of interest owed at the date of the notice, and, if the principal has not been paid, the daily rate at which the interest will continue to accrue; the invoice or invoices to which the interest relates; the addressee to whom and address to which payment should be made. 5.4.2. In the event that any sum is agreed between the parties or found to be due to the Supplier following the withholding of payment referred to in Clause 5.3 above, the BBC will pay in...

Contract Price Payment. (a) The Contract Price for the Product in the form of each unit of Product as demonstrated by RECs Delivered in each Vintage for each Contract Year shall be as follows: _____________

Contract Price Payment. General Contractor shall pay the Subcontractor in the total amount set forth in the pertinent project PROPOSAL, and payment in full is due no later than 15 days following completion of the performance of the Scope of Work . Any additional work requested by General Contractor or its agents and employees shall be added to the Contract Price in a reasonable and standard amount pursuant to the Subcontractors cost schedule. (a) All payments received by Subcontractor shall be applied exclusively for the labor, material, and equipment utilized on this Project, and shall first be applied by Subcontractor to the payment of subcontractor’s laborers, material suppliers, and equipment providers utilized on this Project. After receipt of the total payment, Subcontractor agrees to keep the Project free from mechanic’s liens. (b) Subcontractor agrees that payments hereunder shall be made to Subcontractor or jointly to Subcontractor and his laborers, material suppliers, equipment providers, or sub-subcontractors.

Contract Price Payment. (1) In consideration of the Deliverables supplied under the Contract the Customer shall pay to the BBC the Contract Price exclusive of VAT (which, if applicable, shall be applied at the appropriate rate) subject to and in accordance with this Clause 4. (2) The BBC shall submit an invoice to the Customer for payment due at the address as specified in the Contract Document quoting the relevant Contract Document number and the Customer shall remit full payment due within thirty (30) days of date of invoice. Time for making payments shall be of the essence of the Contract. (3) In the event that the Customer fails to make payment by the due date the BBC shall, without prejudice to its other rights under the Contract (including but not limited to those set out in Clause 23) or otherwise, at law or in equity be entitled to do any or all of the following: (a) charge the Customer interest from the date specified for payment of the principal sum described in Clause 4(2) upon the outstanding amount at such rate as the BBC may decide but which in any event shall not exceed 5% per annum above the BBC's principal banker's normal base rate from time to time accruing daily until payment of the principal sum is paid in full; (b) require payment in advance for the continued performance of the Contract without incurring any liability whatsoever to the Customer; (c) refuse to further perform the Contract without incurring any liability whatsoever to the Customer; (d) suspend further performance of the Contract until the Customer has supplied a satisfactory credit reference or bank guarantee or other form of security acceptable to the BBC; (e) be reimbursed by the Customer for all costs and expenses incurred in the collection of any overdue amount; and/or (f) notify Customer that it may not use the Deliverables and/or any IPR as contemplated by Clause 15(4) unless and until the overdue payment is made in full to the BBC. (4) If the cost to the BBC of performing its obligations under the Contract shall be increased either (i) due to a change in or insufficiency of Customer’s instructions; (ii) by reason of any rise in the cost of labour, materials or transport; (iii) attributable to duties, taxes, exchange rates, bank or other financial handling charges; or (iv) the making after the date of signature of the Contract of any statutory and other regulations that shall affect the BBC in the performance of its obligations, the BBC reserves the right to add to the Contract Price the ...

Contract Price Payment. 12.1 The contract price is inclusive of all applicable Taxes and shall not be subject to indexation, but shall be subject to adjustment as set forth in this Agreement (the “Contract Price”). 12.2 For the purposes of payment, the Contract Price is divided into monthly payments (each, a “CC Monthly Payment”) that (except in relation to the initial payment, which shall be in an amount of and paid no later than 5 Working Days after Financial Close and shall not require certification by the Lenders’ Technical Adviser but shall be subject to confirmation by the Lenders’ Technical Adviser that such initial payment shall be applied towards the Project Costs, correspond to the Construction Contractor’s progress as measured against the schedule of values attached as Attachment D (the “Schedule of Values”), in accordance with this Part 1, Article 12, such that the sum of the CC Monthly Payments equals the Contract Price. Subject to Part 1, Articles 12.3, 12.5, 12.6, 12.7, 12.8, 12.9, 12.10, and the Pay-if-Paid Provisions, the Developer agrees to make the CC Monthly Payments to the Construction Contractor. 12.3 In respect of each calendar month the Construction Contractor will prepare and submit to the Developer, with a copy to the Lenders’ Technical Advisor, a payment application dated as of and delivered on or before the fifth Calendar Day of the following calendar month (the “CC Monthly Payment Application”). 12.4 The CC Monthly Payment Application submitted in respect of a particular month will contain the following information in respect of such month: 12.4.1 the past and current percentage completion and value earned of each item of CC Work listed in the Schedule of Values, as compared to the Construction Contractor’s anticipated progress for that month; 12.4.2 the amount of the CC Monthly Payment being applied for that month, based on the CC Work performed, provided that the aggregate amount of CC Monthly Payments up to and including such month shall not exceed the amount with respect to such month set forth in Attachment E (the “Proposed Payment Schedule”); 12.4.3 any amount claimed with respect to CC Change Orders (which amount, for greater certainty, shall not alter the Proposed Payment Schedule and shall be paid in addition to the CC Monthly Payment, subject to the provisions of this Agreement); and 12.4.4 the estimated date of the achievement of Substantial Completion. 12.5 Subject to Part 1, Article 12.7, where Attachment D, in the columns entitled “Month...

Contract Price Payment. 13.1. By the 5th day of each month The Provider will provide to LAL and in such form as LAL may reasonably require, an invoice detailing the total number of Hours worked during each preceding month broken down by each level of Employee together with a charge equivalent to one twelfth of the Management and Overheads Fee. Specifically for each invoice to be valid it must contain an official purchase order number and be addressed to LAL c/o Accounts Payable, Liverpool Xxxx Xxxxxx Airport, Liverpool X00 0XX. 13.2. LAL will, subject to receipt of a VAT invoice from The Provider pay to The Provider within 60 days from date of invoice: 13.2.1. one twelfth of the Management and Overheads Fee; and 13.2.2. the Employee Fee in respect of the previous month, but subject to: 13.2.3. any Service Shortfall Deduction; and 13.2.4. any deductions to be made pursuant to clause 4.2.5 not previously made. 13.3. If there is a dispute as to the amount payable, a payment on account will be made of so much of the amount payable as is not in dispute and further payments will be made as and when the matters in dispute are resolved. 13.4. All sums payable under this Contract are exclusive of VAT. VAT will be paid on any such sums as and when due and the payee shall provide a VAT invoice when legally required or earlier if this Contract provides. Any figures stated in this Contract do not include VAT.

Contract Price Payment. 5.1 FUTECH shall pay to Consultant a flat fee of $300,000 per year, together with any adjustments or other consideration described in any Description of Work (the "Contract Price") for the Consulting Services and Deliverables provided under this Contract. FUTECH shall pay the Contract Price in equal monthly installments. 5.2 Consultant shall be solely responsible for income, franchise, employment withholding or other taxes based upon Consultant's income or gross receipts. 5.3 All cash payments shall be by FUTECH's check payable to Consultant's order. Consultant shall not assign or encumber its rights or obligations under this Contract without FUTECH's prior written consent.

Contract Price Payment. 6.1 Owner will pay Contractor for performance of the Work in accordance with the Contract Documents in current funds at the Contract Price agreed upon in the Contractor's Bid Form as may be modified by Change Order. Progress and Final Payments shall be made in accordance with the approved Schedule of Values and terms, conditions, and procedures set forth in the General Conditions as may be modified by the Supplemental Conditions. 6.2 The Owner shall pay, and the Contractor agrees to accept, in full consideration for the Contractor's performance of the Work subject to the terms and conditions of the Contract Documents, the lump sum price or unit prices for which the Contract was awarded, plus the amount required to be paid for any Extra Work ordered by the Owner, less credit for any Omitted Work pursuant to procedures set forth in Article 7 of the General Conditions as may be modified by the Supplemental Conditions. 6.3 A not-to-exceed cost of $ has been established for the performance of the Work. Costs in excess of such not-to-exceed cost, if any, may not be incurred without prior written authorization of the County Executive of the Owner, evidenced only by a written Change Order to the Contract. The Contractor specifically agrees that the Owner will not be responsible for any additional cost or costs in excess of the not-to-exceed cost if the Owner’s authorization by the County Executive is not given in writing prior to the performance of any Work or Extra Work giving rise to such excess or additional cost. 6.4 Contractor shall pay all Subcontractors and suppliers within seven (7) days of receipt of payment from Owner (or such other time period as may be provided by General Municipal Law §106-b as amended), representing the value of the work performed and/or materials furnished by the Subcontractor and/or supplier and reflecting the percentage of the Subcontractor's work completed or the materials provided by supplier in the requisition approved by the Engineer and accepted by the

Contract Price Payment. A. City shall pay Contractor the aggregate sum of Dollars ($ ), for the full and satisfactory completion of the Work in accordance with the terms and conditions of this Agreement (“Contract Price”). B. Payment schedule: 1. Such compensation shall be paid by City within thirty (30) days following written notice of City’s acceptance of the Work. 2. Such compensation shall be paid by City in accordance with the Payment Schedule attached hereto as Exhibit C and incorporated by reference herein. C. Notwithstanding any provisions herein, Contractor shall not be paid any compensation until such time as Contractor has on file with the City Finance Department a current W-9 form available from the IRS website (xxx.xxx.xxx) and has obtained a currently valid Petaluma business license pursuant to the Petaluma Municipal Code.