Fair Payments Sample Clauses

The Fair Payments clause establishes the obligation for parties to make payments in a manner that is timely, accurate, and equitable according to the terms of the agreement. It typically outlines the schedule for payments, acceptable methods, and may address issues such as late fees or dispute resolution procedures for payment discrepancies. By setting clear expectations and procedures for financial transactions, this clause helps prevent misunderstandings and disputes over payments, ensuring that both parties are treated fairly and that the financial aspects of the contract are managed smoothly.
Fair Payments. The TAC will, on written demand by the Applicant, pay simple interest on a daily basis on any Overdue Amount, at the rate for the time being fixed under section 2 of the Penalty Interest Rates Act 1983 (Vic).
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Fair Payments. The Principal will, on demand by the Contractor, pay simple interest on a daily basis on any Overdue Amount at the rate for the time being fixed under section 2 of the Penalty Interest Rates ▇▇▇ ▇▇▇▇ (Vic).
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Related to Fair Payments

  • 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).

  • Payments From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

  • Interim Payments Interim payments may be made by Department, at its discretion, if the completion of deliverables to date have first been accepted in writing by Department's Grant Manager.