Common use of Coordinating Entity Clause in Contracts

Coordinating Entity. The coordinating entity will remit payment to the interpreter on the fifth (5th) and twentieth (20th) of each month. Unless either the fifth (5th) or the twentieth (20th) day of the month falls on a Saturday, Sunday, or recognized State Holiday, in which case the date for distribution of payment shall be the prior business day if the date falls on a Saturday and the subsequent business day if the date falls on a Sunday or recognized State Holiday. All funds received by the coordinating entity from the State on the first (1st) to the fifteenth (15th) calendar day will be remitted to the interpreter on the twentieth (20th) day of the same month. All funds received by the coordinating entity from the State on the sixteenth (16th) to the last calendar day of the month will be remitted to the interpreter on the fifth (5th) day of the following month.

Appears in 6 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!