Fees, Contributions and Charges Clause Samples
The 'Fees, Contributions and Charges' clause defines the financial obligations that one or both parties must pay under the agreement. It typically outlines the types of fees, such as service charges, administrative costs, or required contributions, and specifies when and how these payments are to be made. This clause ensures that all parties are aware of their monetary responsibilities, helping to prevent disputes over payments and clarifying the cost structure of the arrangement.
Fees, Contributions and Charges. A. Fees for the usage of the Premises will be due in accordance with the fee schedules adopted by City Council.
B. All contributions, fees and charges are due and must be paid within 30 days of the date of invoice, unless otherwise specified herein. If payment is not received within 30 days or by the specified due date, interest charges will accrue at an interest rate of 1% per month or any portion of a month thereof. Interest accruals will include on claims for damages (see Paragraph B.8. below) and/or other services provided by the City of Bethlehem (including but not limited to EMS, fire inspectors, police personnel, City services described in Paragraph B.12. below, etc.).
Fees, Contributions and Charges. (a) Fees for the usage of the Premises will be due in accordance with the fee schedules adopted by City Council.
(b) All contributions, fees and charges are due and must be paid within 30 days of the date of invoice, unless otherwise specified herein. If payment is not received within 30 days or by the specified due date, interest charges will accrue at an interest rate of 1% per month or any portion of a month thereof. Interest accruals will be included on claims for damages (see subparagraph (c) below) and/or other services provided by the City of Bethlehem (including but not limited to EMS, fire inspectors, police personnel, City services described in subparagraph (d) below, etc.).
(c) The City’s cost to repair damage to City property resulting from conducting the event will be invoiced to the Permittee and must be reimbursed to the City of Bethlehem within 30 days of invoicing.