Finance and payment Sample Clauses

Finance and payment. A. County shall reimburse Contractor for the actual costs incurred by Contractor as set forth in the Budget attached hereto as Exhibit E up to, but not in excess of the Allocated Maximum Amount of $250,000.00. B. No payment will be made by County until the following requirements have been met:
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Finance and payment. (a) The Council shall make payments to the grant awardee under the agreement in equal quarterly payments by the dates set out in Schedule 3. The annual amounts not exceeding that set out in the table below:- Year Maximum amount 1 £50,000 2 £50,000 3 £50,000 An action plan for achieving the outcomes and targets in year 1 is set out in Schedule 2. Payments in both years 2 and 3 will be authorised on the basis of the successful agreement of actions plans at the start of each year. These action plans will be annexed to this agreement. (b) The grant awardee recognises that it is receiving public funding under the agreement and will be held accountable for the same. (c) In the event of having to invoke Clause 12 herein, the Council will be entitled to recover any unspent funds pro-rata to any period remaining under the agreement. (d) The grant awardee will keep proper financial accounts and shall comply with the requirements of the Companies Act and Charities Xxx 0000 for audit or independent inspection of those accounts. The Council’s Chief Finance Officer or Finance Manager shall be entitled to see copies of the financial reports and management accounts presented to the meetings of the Board of Trustees of the grant awardee and financial information relating to any aspect of service or activities the grant awardee is providing under this agreement. (e) The grant awardee will provide the Council’s Chief Finance Officer with a copy of its approved and published Annual Report and Financial Statements, within which the Council will be recognised as a grant provider to the grant awardee. (f) The Council shall not divulge to any third party information obtained as a result of the inspection of the grant awardee’s accounts save insofar as that information is already in the public domain or the grant awardee has consented to the disclosure or the Council is under a legal duty so to do. (g) The grant awardee acknowledges and understands that the Council gives no undertaking whatsoever to commission any of its services, or any services in relation to debt management services howsoever provided, beyond the 31 March 2020 or on the termination of this agreement. (h) In the event of the grant awardee ceasing trading for whatever reason, the Council will reserve the right to consider recovering any funding given as part of the grant.
Sample 1
Finance and payment. The funding agreed for [funding purpose] to [name of organisation] is [grant amount] Specifically, the Council shall pay the Service Provider no more than the following sums which shall include all the costs and disbursements based on the agreed budget:- (a) [proportional amount] on the receipt of the signed copy of the Service Level Agreement and Standard Conditions of Grant Aid and (b) [proportional amount] on the completed delivery of the programme and receipt of the final evaluation report
Sample 1
Finance and payment. 4.1. Zoos SA will notify the Recipient of the final amount of funding to be provided upon confirming the successful application. 4.2. The subsidy Recipient will nominate a date to attend Monarto Safari Park for an education program and/or camp before 13 December 2025 and will confirm the number of attendees. The number of attendees cannot be more than the original number stated in the application form unless organised in writing with the Wild Learning team. 4.3. The Wild Learning team will confirm the booking date with the Recipient after approval of subsidy funding. 4.4. After completion of the visit, Zoos SA will create and provide an invoice for the admission and program fees owed by the Recipient. The Recipient will create and provide Zoos SA with an invoice for the amount equal to that of the confirmed bus quote. Payment will be made by the Recipient to Zoos SA via electronic funds transfer (EFT). Zoos SA will then make payment via EFT to the nominated account of the Recipient. 4.5. The Recipient’s invoice must: 4.5.1 be tax compliant;
Sample 1
Finance and payment. (a) The Council shall make payments to the lead organisation under the agreement, the amounts not exceeding that set out in the table below:- TO BE AGREED (b) In the event of having to invoke Clause 12 herein, the Council will be entitled to recover any unspent funds pro-rata to any period remaining under the agreement. (c) XX will keep proper financial accounts and shall comply with legislative requirements for audit or independent inspection of those accounts. The Council’s Chief Finance Officer shall be entitled to see copies of the financial reports and management accounts presented to the meetings of the Board of Trustees and financial information relating to any aspect of service or activities XX is providing under this agreement. (d) XX will provide the Council’s Chief Finance Officer with a copy of its approved and published Annual Report and Financial Statements, within which the Council will be recognised as a grant provider. (e) The Council shall not divulge to any third party information obtained as a result of the inspection of XXXX accounts save insofar as that information is already in the public domain or the consortium has consented to the disclosure or the Council is under a legal duty so to do.
Sample 1
Finance and payment. 7.1 The Client will reimburse Keybroker for the execution of the Assignment in accordance with the Keybroker price model as set out in the Appendix to the Service Agreement. 7.2 Any media purchase shall be invoiced directly from the owner of the media channel (Google, Bing etc) to the Client. In the exceptional cases where Keybroker is invoiced for traffic charges, these shall be invoiced in advance on a monthly basis to the client account at Keybroker and shall fall due ten (10) days from the invoice date. Keybroker’s accrued fees and any other traffic charges will be invoiced on the 1st of each month for the previous month and shall fall due twenty (20) days from the invoice date. 7.3 Keybroker has the right to invoice for travel expenses, which have been approved in advance in writing by the Client.
Sample 1
Finance and payment. The Client will reimburse UWP Digital for the execution of the Assignment in accordance with the UWP Digital price model as set out in the Appendix to the Service Agreement. The payment terms are 30 days net if not otherwise agreed upon. Applicable VAT is added to all prices. If during the course of our engagement there are changes in the Specifications of the Service, the changes will be treated as a Variation. Where a Variation occurs UWP Digital reserves the right to halt work and review the Service costs. UWP Digital will discuss the Variation with you and where required will issue a Variation Notice which is to include the modifications to the Specifications and any associated costs. UWP Digital will not proceed with the Services until UWP Digital receive your written approval to proceed. Examples of Variations include: ● introduction of additional requirements not discussed during the onboarding process i.e. branding deliverables, the introduction of video imagery, ad text, ad design, and Digital Marketing Campaign focus; ● costs for commercial fonts, photography, audio, and video; ● additional Service management time; ● unplanned delays in obtaining approval, Client Content, or feedback resulting in UWP Digital ● having to reschedule services, staff, or facilitate continuance; ● overtime required to meet deadlines due to delays by the Client providing approval, Client Content, or feedback; ● development work. It is our process to include Service management time in all quotes, but from time to time UWP Digital is required to not only manage the UWP Digital team but also manage your team. This is generally not known at the time of quoting and may be treated as a Variation. If during the course of our engagement there are small changes in the Service, UWP Digital will contact you and provide an estimate of the Additional Costs for these small changes. Where possible, UWP Digital will attempt to obtain approval from you prior to undertaking the additional work. However, in some cases due to deadline and availability constraints, this may not be possible and UWP Digital may proceed with the work without obtaining approval. Additional Costs will be invoiced separately to the Client on an ad hoc basis, charged at current Professional Hourly Rates. Examples of Additional Costs include: ● content not in the appropriate format; ● extra workshops or workshops requiring additional hours; ● requested additional design concepts/alternations; ● requested changes t...
Sample 1
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Related to Finance and payment

  • Acceptance and Payment A holder of Notes may accept or reject the offer to prepay pursuant to this Section 8.8 by causing a notice of such acceptance or rejection to be delivered to the Company at least 10 days prior to the Asset Disposition Prepayment Date. A failure by a holder of the Notes to respond to an offer to prepay made pursuant to this Section 8.8 shall be deemed to constitute a rejection of such offer by such holder. If so accepted, such offered prepayment in respect of the Ratable Portion of the Notes of each holder that has accepted such offer shall be due and payable on the Asset Disposition Prepayment Date. Such offered prepayment shall be made at 100% of the aggregate Ratable Portion of the Notes of each holder that has accepted such offer, together with interest on that portion of the Notes then being prepaid accrued to the Asset Disposition Prepayment Date, but without any Make-Whole Amount. If any holder of a Note rejects or is deemed to have rejected such offer of prepayment, the Company may use the Ratable Portion for such Note for general corporate purposes.

  • Funding and Payment A. Tuition and fee payments in the amounts set forth in Section 6 are due from students at registration. A payment plan is available upon request. Payment is required by the stated due date; all tuition and fees must be collected and remitted to the College prior to the beginning of classes. Failure to pay by the due date will result in the student being dropped from classes. B. Financial Aid is not available to dual credit students. The Higher Education Technical Amendments of 1987 (P.L. 100-50) states, “A student who is enrolled in an elementary or secondary school is not eligible for Title IV assistance for any courses taken at the post- secondary level for the same period” [Compilation of Federal Regulations (CFR) 668.7(a)(2)]. C. The state funding for dual credit courses will be available to both the District and the College based on the current funding rules of TEA and the THECB. The College may only claim funding for students receiving college credit in core curriculum, career and technical education, foreign language dual credit courses, and classes in a Field of Study or Program of Study. D. If a student requests to take a class more than twice, he or she will be responsible for the tuition for that course and $ 50.00 per semester hour for the course. Technical courses are exempt from this fee. (see Xxxxx College Catalog – College Expenses) E. The College is not responsible for the transportation of dual credit students.

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • FEE AND PAYMENT 4.1 As consideration for the rights the Licensee is granted under Article 2, the Licensee shall pay a license fee based on the number of users for which the Software is to be used in accordance with the following. 4.2 The Licensee shall state the number of registered users in the Domino Directory that the Agreement shall comprise and send it to the Licensor.

  • Calculation and Payment Interest on LIBOR Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof); and (iii) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof); and (iv) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise.

  • Pricing and Payment Prices for each Product and any terms and conditions for invoicing and payment will be established by Customer’s Reseller.

  • Fees and Payment 2.1 All fees payable are due within 30 days from the invoice date. Once placed, Your order is non-cancelable and the sums paid nonrefundable, except as provided in this Agreement or Your order. You will pay any sales, value- added or other similar taxes imposed by applicable law that we must pay based on the Services You ordered, except for taxes based on our income. Fees for Services listed in an order are exclusive of taxes and expenses. 2.2 If You exceed the quantity of Services ordered, then You promptly must purchase and pay fees for the excess quantity. 2.3 You understand that You may receive multiple invoices for the Services ordered. Invoices will be submitted to You pursuant to Oracle's Invoicing Standards Policy, which may be accessed at xxxx://xxx.xxxxxx.xxx/us/corporate/contracts/invoicing-standards-policy-1863799.pdf.

  • Price and Payment Unless stated otherwise, the Charges are exclusive of value added tax (VAT) or any equivalent sales tax in any applicable jurisdiction. Unless stated otherwise, the Supplier shall invoice for the Charges monthly in arrears and all such invoices shall be accompanied by a statement setting out the Services and/or Goods supplied in the relevant month in sufficient detail to justify the Charges charged. Subject to clause 4.4 below, the British Council shall, unless agreed otherwise by the parties in writing, pay each of the Supplier’s valid and accurate invoices by automated transfer into the Supplier’s nominated bank account no later than 30 days after the invoice is received. Where there is an end client, the British Council shall not be obliged to pay any invoice to the extent that it has not received payment relating to that invoice from the end client. If the British Council fails to pay any sum properly due and payable (other than any sum disputed in good faith) by the due date for payment, the Supplier may charge interest on the amount of any such late payment at the rate of 4% per annum above the official bank rate set from time to time by the Bank of England. Such interest will accrue from the date on which payment was due to the date on which payment is actually made. The parties hereby acknowledge and agree that this rate of interest is a substantial remedy for any late payment of any sum properly due and payable Where the Supplier enters into a Sub-Contract, the Supplier shall: pay any valid invoice received from its subcontractor within 30 days following receipt of the relevant invoice payable under the Sub-Contract; and include in that Sub-Contract a provision requiring the counterparty to that Sub-Contract to include in any Sub-Contract which it awards provisions having the same effect as clause 4.6.1 of this Agreement.

  • INVOICE AND PAYMENT A. Grantee will request payment using the State of Texas Purchase Voucher (Form B-13) on a monthly basis and acceptable supporting documentation for reimbursement of the required services/deliverables. Additionally, the Grantee will submit the Financial Status Report (FSR-269A) and the Match Certification Form (B-13A). Vouchers, supporting documentation, Financial Status Reports, and Match Certification Forms should be mailed or emailed to the addresses below. Department of State Health Services Claims Processing Unit, MC 1940 0000 Xxxx 00xx Xxxxxx P.O. Box 149347 Austin, TX 00000-0000 FAX: (000) 000-0000 EMAIL: xxxxxxxx@xxxx.xxxxx.xxx, Xxx.xxxxxxxxxxxxxx@xxxx.xxxxx.xxx & XXXXxxxxxxx@xxxx.xxxxx.xxx B-13, B-13A, and supporting documentation should be sent to: xxxxxxxx@xxxx.xxxxx.xxx, Xxx.xxxxxxxxxxxxxx@xxxx.xxxxx.xxx & XXXXxxxxxxx@xxxx.xxxxx.xxx FSRs should be sent to: xxxxxxxx@xxxx.xxxxx.xxx, Xxx.xxxxxxxxxxxxxx@xxxx.xxxxx.xxx, XXXXxxxxx@xxxx.xxxxx.xxx & XXXXxxxxxxx@xxxx.xxxxx.xxx B. Grantee will be paid on a monthly basis and in accordance with Attachment B, Budget. C. System Agency reserves the right, where allowed by legal authority, to redirect funds in the event of financial shortfalls. System Agency will monitor Xxxxxxx’s expenditures on a quarterly basis. If expenditures are below that projected in Grantee’s total Contract amount, Xxxxxxx’s budget may be subject to a decrease for the remainder of the Term of the Contract. Vacant positions existing after ninety days may result in a decrease in funds. X. Xxxxxxx may request a one-time working capital advance not to exceed 12% of the total amount of the Contract funded by System Agency. All advances must be expended by the end of the Contract term. Advances not expended by the end of the Contract term must be refunded to System Agency. X. Xxxxxxx will repay all or part of advance funds at any time during the Contract’s term. However, if the advance has not been repaid prior to the last three months of the Contract term, the Grantee must deduct at least one-third of the remaining advance from each of the last three months’ reimbursement requests. If the advance is not repaid prior to the last three months of the Contract term, System Agency will reduce the reimbursement request by one- third of the remaining balance of the advance.

  • Services and Payment Consultant agrees to undertake and complete the Services (as defined in Exhibit A) in accordance with and on the schedule specified in Exhibit A. As the only consideration due Consultant regarding the subject matter of this Agreement, Company will pay Consultant in accordance with Exhibit A.

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