FUNDING AND PAYMENT SCHEDULE Sample Clauses

FUNDING AND PAYMENT SCHEDULE. SPONSOR will provide funding in the amount of $[insert dollar value for total effort]. Payment of $[insert dollar value which shall be 50% of the total value of the agreement] is due upon execution of agreement. Thereafter, payment of $[insert dollar value] is due at the beginning of each calendar quarter beginning within 3 months after award. Checks should be made payable to USC and sent to University of South Carolina, Grants and Funds Management, 0000 Xxxxxxx Xxxxxx, Xxxx 000, Xxxxxxxx, XX 00000.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
FUNDING AND PAYMENT SCHEDULE. Funding by Fiscal Year FY 10: FY 11: FY 12: FY 13 FY 14 Total: Monthly invoice, details in Article 3 of this contract.
Sample 1
FUNDING AND PAYMENT SCHEDULE. 11.1 The Sponsor agrees to pay the Chief Constable the basic cost of £36,000 per annum (clause 7.1) (“the basic cost”) for the provision of each PCSO plus any additional sums payable for hours worked outside core hours as set out in clause 11.4 below. • For the period 1st January 2023 to 31st March 2023 the agreed basic cost for the total provision of two fully funded PCSO services but excluding any additional hours worked outside core hours (clause 11.4) is £18,000. That sum shall be payable in advance by BACS to the Constabulary by 31st December 2022 (clause 11.6), and includes: (a) provision for basic salary (b) uniform and equipment costs (c) contribution towards the cost of training (d) weekend and location payments (e) standard pay increases, employers’ National Insurance Contributions and Local Government Pension Scheme Contributions 11.2 The basic cost may be subject to change based on actual variations in the stated costs such as pay increases and additional employer pension contributions. In the event that this is applicable the Chief Constable will notify the Sponsor as soon as this is known and the Sponsor shall be liable for the additional costs arising from these regulated increases for the duration of the Agreement. 11.3 In addition to the total cost of a PCSO, as set out above, if a police vehicle is required, the Sponsor agrees to pay the additional cost for the provision of a police vehicle of £3,300 per annum which shall be invoiced at the commencement date of the Agreement and again on the anniversary date of the Agreement. • Bury St Edmunds Town Council do not require a suitable police vehicle for the PCSO’s use. 11.4 In addition to the basic cost of each PCSO, the Sponsor shall pay for the provision of any additional hours of work required outside the PCSO core hours (refer clause 7.1, 7.
Sample 1
FUNDING AND PAYMENT SCHEDULE. 4.1. Xxxxx has agreed to provide financial support for the Study and this funding will be provided to Foundation according to the Budget set out in the Funding and Payment Schedule (Exhibit A) attached hereto. The Parties agree that the amounts set forth in Exhibit A are based on the fair market value of the activities performed and provide an accurate breakdown of the cohort Study costs and expenses. Any funding provided under this Agreement is provided as an independent grant and is not conditioned in any way on any pre-existing or future business relationship between or among Foundation and Xxxxx. No amounts paid under this Agreement are intended to be for, nor shall they be construed as, an offer or payment made in exchange for any explicit or implicit agreement to purchase, prescribe, recommend, or provide a favorable formulary status for any Xxxxx product or service. 4.2. Each milestone payment is contingent upon the receipt of an invoice, which will include detail regarding the milestone achieved, acceptable to Xxxxx, signifying the achievement of the related milestone. Foundation shall submit an invoice to Xxxxx once each milestone is achieved and becomes payable, and Xxxxx shall pay the applicable amount within thirty (30) days after its receipt of such invoice which will include detail regarding the milestone achieved. Foundation agrees to use the compensation provided under this Agreement solely for the purposes of facilitating and supporting the Study. All payments which are otherwise due and owing under this Agreement shall be paid by Xxxxx to, and only to, the Foundation. Foundation agrees to arrange payments due to Participating Sites for the performance of the Study hereunder. Xxxxx shall not be responsible for making payments directly to Participating Sites for any such Study costs and expenses. Any taxes (and any penalties thereon) imposed on any payment made by Xxxxx to Foundation shall be the responsibility of Foundation. 4.3. ACH payments to be made to Foundation hereunder will be made payable to: 000 X. Xxxxxx Drive, Suite 1600 Chicago, IL 60606 Federal Tax ID# 00-0000000 Attn: Xxxxxx Xxxxx 4.4. Xxxxx shall not be obligated to make any payments to Foundation in excess of the amount provided for under Exhibit A, unless such excess amount is agreed upon in writing and signed by the Parties. 4.5. Foundation must promptly repay to Xxxxx: (a) subject to Section 12, any funds paid by Xxxxx to Foundation which are unspent from the study at t...
Sample 1

Related to FUNDING AND PAYMENT SCHEDULE

  • 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.

  • FEES AND PAYMENT SCHEDULE The fees and payment schedule for furnishing services under this Contract shall be based on the rate schedule which is attached hereto as Exhibit B and by this reference incorporated herein. Said fees shall remain in effect for the entire term of the Contract. Contractor shall provide County with his/her/its Federal Tax I.D. number prior to submitting the first invoice.

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

  • Billing and Payment Terms 3.1 You acknowledge and agree that NCR Voyix will charge all applicable fees and charges due to the payment card or other form of non-invoice payment method that you provided to NCR Voyix: (a) at the beginning of each billing cycle for all recurring fees for the Service; (b) at the end of the billing cycle for all transaction fees incurred during the billing cycle; (c) upon Order placement and prior to shipment of any Hardware purchased outright or subject to the terms of an Extended Payment Program (as defined below) when applicable; and (d) upon Order placement for any additional services that are not included as part of the recurring fees for the Service. NCR Voyix or its vendor may charge an additional fee for payments processed by credit card. 3.2 You agree to maintain current, valid payment and contact information (including telephone number and email address) on file. You certify to NCR Voyix that you are authorized to provide the payment card or other form of non-invoice payment method to NCR Voyix and that you will not dispute the payment with your credit card company or your financial services provider as long as the transaction corresponds to these terms. You acknowledge that your payment authorization will remain in effect until it is canceled by you in writing. 3.3 NCR Voyix may charge late fees on unpaid, undisputed amounts. Late fees will be the lesser of 1.5% per month of the unpaid amount, or any applicable limit imposed by law. In the event that your account becomes delinquent, you agree to pay all collection costs incurred by NCR Voyix, including reasonable attorney’s fees and expenses.

  • Pricing and Payment Terms Customer Payment terms shall be as set forth in the Master Agreement.

  • Pricing and Payments 5.1 In exchange for the Deliverables, the Supplier must invoice the Buyer for the charges in the Order Form. 5.2 All Charges: 5.2.1 exclude VAT, which is payable on provision of a valid VAT invoice; and 5.2.2 include all costs and expenses connected with the supply of Deliverables. 5.3 The Buyer must pay the Supplier the charges within 30 days of receipt by the Buyer of a valid, undisputed invoice, in cleared funds to the Supplier's account stated in the invoice or in the Order Form. 5.4 A Supplier invoice is only valid if it: 5.4.1 includes all appropriate references including the Purchase Order Number and other details reasonably requested by the Buyer; and 5.4.2 includes a detailed breakdown of Deliverables which have been delivered. 5.5 If there is a dispute between the Parties as to the amount invoiced, the Buyer shall pay the undisputed amount. The Supplier shall not suspend the provision of the Deliverables unless the Supplier is entitled to terminate the Contract for a failure to pay undisputed sums in accordance with clause 11.6. Any disputed amounts shall be resolved through the dispute resolution procedure detailed in clause 36. 5.6 The Buyer may retain or set-off payment of any amount owed to it by the Supplier under this Contract or any other agreement between the Supplier and the Buyer if notice and reasons are provided. 5.7 The Supplier must ensure that all Subcontractors are paid, in full, within 30 days of receipt of a valid, undisputed invoice. If this doesn't happen, the Buyer can publish the details of the late payment or non-payment.

  • Invoicing and Payment Terms [Within [X] days at the end of each month] [Upon completion of the Contract] Contractor will submit an Invoice in accordance with pricing as specified in the Contract. Mercy Corps will make payment to Contractor for all sums not in dispute within 30 days of receipt of Contractor’s invoice(s) (the “Payment Terms”).

  • Invoicing and Payment All work performed by the Contractor must be approved in advance by the State. Once work has been completed, delivered and accepted by the State, invoicing can occur. The State’s payment terms are net 30 days. SOW-RFP PROJECT NAME: PRICE PROPOSAL: $ _ COMPLETION DATE: ACKNOWLEDGEMENT OF ADDENDUMS (IF APPLICABLE) 1.

  • Billing and Payment The Price will be itemized and included on your bill from the DSP, and is due and payable to the DSP on the same day your DSP bill is due. You will continue to be billed by your DSP taxes and other charges consistent with filed tariffs at the Illinois Commerce Commission to transmit and distribute the Retail Power supplied to you per this Agreement. You should continue to follow any bill payment procedures set forth between you and the DSP. You agree to accept the measurements as determined by the DSP for purposes of accounting for the amount of Retail Power services provided by Homefield Energy under this Agreement. If the DSP is unable to read your meter, the DSP will estimate your usage and your charges will be calculated accordingly and adjusted on a future bill. Homefield Energy’s ability to supply you under this Agreement is conditioned on the DSP accepting Homefield Energy’s enrollment of your account for consolidated billing and purchase of receivables by the DSP. If you are not eligible for your DSP’s consolidated billing and purchase of receivables, you will need to secure eligibility with your DSP before Homefield Energy can serve you. Should the DSP cease providing consolidated billing and purchase of receivables for your account and/or commence billing Homefield Energy for any charges relating to you, Homefield Energy will bill you directly and you will pay Homefield Energy for all such charges pursuant to the payment provisions specified in Homefield Energy’s bill.

  • Purchase Price and Payment Terms The aggregate purchase price (the “Purchase Price”) shall be Ninety One Million Dollars ($91,000,000), subject to adjustment as provided in Section 1.3 and Section 1.7. Of the Purchase Price, Six Million Nine Hundred Thousand Dollars ($6,900,000) shall be paid by Purchaser’s delivery of 150,000 shares of the common stock, par value $0.001 per share, of Purchaser’s Parent, which shares (the “Purchaser’s Parent Equity”) are valued at Six Million Nine Hundred Thousand Dollars ($6,900,000) (the “Purchaser’s Parent Equity Value”) based upon the price paid by others for similar shares contemporaneously with the Closing. At the Closing, Purchaser shall deliver to Sellers an amount in cash equal to the Purchase Price, minus (i) the Escrow Funds, minus (ii) the aggregate amount of Debt of the Company and its Subsidiaries (disregarding any intercompany Debt) outstanding as of the Closing Date (including any interest, penalties, charges or other fees accrued thereon), minus (iii) Sellers’ Transaction Expenses, minus (iv) the Purchaser’s Parent Equity Value, minus (v) the Off-Balance-Sheet LC Adjustment Amount, all as set forth in the funds flow memorandum attached hereto as Schedule 1.2 (the “Funds Flow Memorandum”) (such amount, the “Closing Cash”). At the Closing, Purchaser shall deliver (w) the Closing Cash by wire transfer of immediately available funds to an account identified by Frost as set forth in the Funds Flow Memorandum, (x) copies of the certificates representing the Purchaser’s Parent Equity to Sellers, (y) the Escrow Funds to the Escrow Agent as contemplated by Section 1.5 below, and (z) to the Company’s lenders and the persons entitled thereto (as shown on the Funds Flow Memorandum) all amounts of the Debt and Sellers’ Transaction Expenses subtracted to determine the Closing Cash. At the Closing, Sellers shall pay and satisfy in full the Excluded Liability set forth in clause (d) of Schedule 1.4.

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