Common use of Invoice Documentation and Payment Clause in Contracts

Invoice Documentation and Payment. All invoices for Services will be payable to Caterer within thirty (30) days after receipt of invoice and acceptance of Service by University in accordance with the Texas Prompt Payment Act, currently codified in Section 2251, Texas Government Code. Each invoice will be accompanied by documentation listing Caterer’s fees, standard menu price, and the provided discount. Caterer’s will provide with its invoice such other documentation as reasonably requested by University, including Caterer’s fee quote provided to University prior to the provision of Services. Payment for Services will not be unreasonably withheld or delayed. If University disapproves any amount submitted for payment by Caterer, University shall give Caterer specific reasons for disapproval in writing. Past due amounts shall be subject to an interest charge as specified by the Texas Prompt Payment Act. University (as an agency and institution of higher education organized under the laws of the State of Texas) is exempt from certain State sales taxes pursuant to Section 151.309 of the Texas Tax Code.

Invoice Documentation and Payment. Caterer shall invoice the Requesting Department within five (5) business days following the event. All invoices for Services will be payable to Caterer within thirty (30) days after receipt of Xxxxxxx’s invoice and the acceptance of Service Services by University in accordance with the Texas Prompt Payment Act, currently codified in Section 2251, Texas Government Code. Payment shall be made by University check or direct deposit; credit card payments are not authorized. Each invoice will list University’s Purchase Order number and be accompanied by documentation listing Caterer’s fees, standard menu price, and the provided discountan itemized invoice. Caterer’s Caterer will provide with its invoice such other documentation as reasonably requested by University, including CatererXxxxxxx’s fee quote provided to University prior to the provision of Services. Payment for Services will not be unreasonably withheld or delayed. If University disapproves any amount submitted for payment by CatererXxxxxxx, University shall give Caterer specific reasons for disapproval in writing. Past due amounts shall be subject to an interest charge as specified by the Texas Prompt Payment Act. University (as an agency and institution of higher education organized under the laws of the State of Texas) is exempt from certain State sales taxes pursuant to Section 151.309 of the Texas Tax Code.

Invoice Documentation and Payment. Caterer shall invoice the Requesting Department within five (5) business days following the event. All invoices for Services will be payable to Caterer within thirty (30) days after receipt of Caterer’s invoice and the acceptance of Service Services by University in accordance with the Texas Prompt Payment Act, currently codified in Section 2251, Texas Government Code. Payment shall be made by University check or direct deposit; credit card payments are not authorized. Each invoice will list University’s Purchase Order number and be accompanied by documentation listing Caterer’s fees, standard menu price, and the provided discountan itemized invoice. Caterer’s Caterer will provide with its invoice such other documentation as reasonably requested by University, including Caterer’s fee quote provided to University prior to the provision of Services. Payment for Services will not be unreasonably withheld or delayed. If University disapproves any amount submitted for payment by Caterer, University shall give Caterer specific reasons for disapproval in writing. Past due amounts shall be subject to an interest charge as specified by the Texas Prompt Payment Act. University (as an agency and institution of higher education organized under the laws of the State of Texas) is exempt from certain State sales taxes pursuant to Section 151.309 of the Texas Tax Code.