Fiscal Considerations. This is a cost reimbursable agreement. Total cost to Sponsor shall not exceed ____________________________________________dollars ($_________). Payments shall be made by Sponsor within 30 days of receipt of monthly invoices (in accordance with invoice instructions). Sponsor shall be responsible for all collection costs associated with non-payment. Penn State may immediately discontinue performance of Project if Sponsor fails to pay any invoice within the time specified above, notwithstanding the notification requirements in Article 11. In the event of early termination of this Agreement pursuant to Article 11 hereof, Sponsor shall pay all reasonable costs incurred and non-cancelable obligations incurred by Penn State as of the date of termination. Invoices shall be sent to the following email address _______________________________________________.
Appears in 6 contracts
Samples: Sponsored Research Agreement Cost Reimbursement Agreement, Sponsored Research Agreement Cost Reimbursement Agreement, Sponsored Research Agreement Cost Reimbursement Agreement
