Other Provisions Concerning Payments. 5.3.1 If OWNER fails to make any payment due CONSULTANT for services and expenses within forty-five (45) days after receipt of CONSULTANT’S statement the CONSULTANT may, after giving seven (7) days written notice to OWNER, suspend services under this Agreement until CONSULTANT has been paid in full all amounts due for services, expenses and charges.
Other Provisions Concerning Payments. 5.3.1 If OWNER fails to make any payment due ENGINEER for services and expenses within sixty days after receipt of ENGINEER's xxxx xxxxxxxx, the amounts due ENGINEER shall include a charge at the rate of 1% per month from said sixtieth day and in addition, ENGINEER may, after giving seven days' written notice to OWNER, suspend services under this agreement until he has been paid in full all amounts due him for services and expenses.
Other Provisions Concerning Payments. 5.3.1 In the event of termination by OWNER upon completion of any phase of Basic Services, progress payments due CONSULTANT for services rendered through such phase shall constitute total payment for such services. In the event of such termination by OWNER during any phase of the Basic Services, CONSULTANT also will be reimbursed for the charges of independent professional associates and consultants employed by CONSULTANT to render Basic Services incurred through such phase. In the event of any such termination, CONSULTANT will be paid for unpaid Reimbursable Expenses previously incurred.
Other Provisions Concerning Payments. 5.3.1 If OWNER fails to make any payment due CONSULTANT for services and expenses within forty-five (45) days after receipt of CONSULTANT’s statement therefore, the amounts due CONSULTANT will be increased at the rate of 1.5% per month from said forty-fifth day, and in addition, CONSULTANT may, after giving seven (7) days written notice to OWNER, suspend services under this Agreement until CONSULTANT has been paid in full all amounts due for services, expenses and charges.
Other Provisions Concerning Payments. 1. Preparation of Invoices – Invoices will be prepared in accordance with ENGINEER’s standard invoicing practices and will be submitted to OWNER by ENGINEER unless otherwise agreed. The amount billed each invoice will be calculated and set forth in Exhibit B.
Other Provisions Concerning Payments. 5.3.1 If OWNER fails to make any payment due CONSTRUCTION MANAGER for services and expenses within sixty days after receipt of CONSTRUCTION MANAGER's statement therefore, the amount due CONSTRUCTION MANAGER will be increased at the rate of 0.5 % per month from said sixtieth day. In addition, CONSTRUCTION MANAGER may thereafter, after giving thirty (30) days' written notice to OWNER, suspend services under this Agreement until CONSTRUCTION MANAGER has been paid in full all amounts due for services, expenses, and charges, unless a dispute exists between the CONSTRUCTION MANAGER and the OWNER regarding CONSTRUCTION MANAGER’s failure to fully and/or promptly perform services under this AGREEMENT.
Other Provisions Concerning Payments. 5.3.1 If OWNER fails to make any payment due CONSULTANT for services and expenses within sixty days after receipt of Consultant’s invoice, the amounts due CONSULTANT will be increased at the rate of 1-1/2% per month (18% A.P.R.) from said sixtieth day, and in addition, CONSULTANT may, after giving seven days' written notice to OWNER, suspend services under this Agreement until CONSULTANT has been paid in full all amounts due for services and expenses. If for some reason there is a dispute concerning an invoice and the dispute extends beyond one month, the owner will not be assessed a 1.5% penalty to that invoice.
Other Provisions Concerning Payments. 5.3.1. If Owner fails to make any payment due Architect/Engineer for services and expenses within forty-five (45) days from the receipt of Architect/Engineer’s bill therefore, the amounts due Architect/Engineer shall include a charge at the rate of 0.75% per month from said forty-fifth (45th) day, and in addition, Architect/Engineer may, after giving seven (7) days written notice to Owner, suspend services under this Agreement until he has been paid in full all amounts due him for services and expenses.
Other Provisions Concerning Payments. A. Preparation of Invoices. Invoices will be prepared in accordance with OWNER’s standard processing practices and will be submitted to OWNER monthly via mail or email by ENGINEER, unless otherwise agreed. ENGINEER shall supply detailed back-up information along with each invoice in order for the OWNER to effectively evaluate the fees and charges. The amount billed in each invoice will be calculated as set forth in Exhibit C. B. (Modified) Payment of Invoices. Invoices are due and payable within 30 days after the receipt of the invoice and the necessary backup information. If OWNER fails to make any payment due ENGINEER for services and expenses within 30 days after receipt of ENGINEER’s invoice and the required backup documentation therefor, the amounts due ENGINEER will accrue interest at the rate set forth in Section 2251.025 of the Texas Government Code (or the maximum rate of interest permitted by law, if less) after the 30th day. ENGINEER may after giving seven days’ written notice to OWNER suspend services under this Agreement until ENGINEER has been paid in full all amounts due for services, expenses, and other related charges. However, it is expressly understood and agreed that ENGINEER will not charge any interest or penalty as set forth herein on any portion of an invoice that is disputed and/or withheld in accordance with paragraph 4.02 and that ENGINEER will not suspend services under the agreement on account of a disputed invoice or on account of monies withheld. All payments will be credited first to principal and then to interest.
Other Provisions Concerning Payments. In the event of termination by OWNER under Paragraph 6.1 upon the completion of any phase of the Basic Services, progress payments due ENGINEER for services rendered through such phase shall constitute total payment for such services. In the event of such termination by OWNER during any phase of the Basic Services, ENGINEER will be paid for services rendered during that phase on the basis of a prorated percentage of the fee.
