MANAGEMENT CHARGE. 17.1 In consideration of the Authority appointing the Supplier to this Framework Agreement and the management and administration by the Authority of the overall contract structure and associated documentation, the Supplier shall pay to the Authority the Management Charge. 17.2 The Authority shall be entitled to submit an invoice to the Supplier each Month in respect of the Management Charge due each Month based on the Management Information provided pursuant to Framework Schedule 8 (Management Information Requirements), and adjusted in accordance with Clause 16 (Provision of Management Information). 17.3 The Supplier shall pay the amount stated in any invoice submitted under Clause 17.2 above within twenty eight (28) Working Days of the date of issue of the invoice. 17.4 The Management Charge shall apply to the full Charges as specified in each and every Call-Off Agreement and shall not be varied as a result of any reduction in the Charges due to the application of any service credits and/or any other deductions made under any Call-Off Agreement. 17.5 The Management Charge shall be exclusive of VAT. The Supplier shall pay the VAT on the Management Charge at the rate and in the manner prescribed by Law from time to time. 17.6 Where any payment or sum of money due from the Supplier to the Authority under this Framework Agreement is not paid in full by the due date, interest on such outstanding sums shall be payable in accordance with the Late Payment of Commercial Debts (Interest) Xxx 0000.
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Samples: Goods and Services Framework Agreement, Goods and Services Framework Agreement, Goods and Services Framework Agreement