Payment and Billing Sample Clauses
The Payment and Billing clause outlines the terms and procedures for how and when payments are to be made between parties under an agreement. It typically specifies the payment schedule, acceptable methods of payment, invoicing requirements, and any applicable late fees or penalties for overdue payments. By clearly defining these financial obligations, the clause helps prevent disputes over payment timing and amounts, ensuring both parties understand their responsibilities and reducing the risk of non-payment or misunderstandings.
POPULAR SAMPLE Copied 1 times
Payment and Billing. (a) Customer is responsible for payment of all charges for Service furnished to Customer, its agents, or End Users. Monthly recurring charges for Service components are billed in advance of Service and reflect the rates in effect as of the date of the invoice. Monthly recurring charges continue to accrue during any suspension of Service until Service is disconnected. For the purpose of computing partial-month charges, a month is considered to consist of 30 days. AT&T Long Distance will bill calls in whole minute increments, unless otherwise stated in the Service description of Customer’s calling plan. Partial minutes are rounded up to the next whole minute. If the charge for a call includes a fraction of a cent of $.005 or more, the fraction of such charge is rounded up to the next higher whole cent. Otherwise, the charge is rounded down to the next lower whole cent. Rounding for charges for Service(s) is on a call-by-call basis.
(b) Bills are due and payable upon receipt. Customer is liable for any reasonable fees and expenses including attorneys’ fees AT&T Long Distance incurs in the collection of charges owed to AT&T Long Distance. AT&T Long Distance may also charge Customer a late fee on the overdue charges of $5.00 or 1.5% per month, whichever is higher. When a AT&T LEC provides the billing function on behalf of AT&T Long Distance, the monthly late charge will be administered according to the applicable AT&T LEC state tariffs, regulations, and/or standard AT&T LEC company billing procedures. In no event will either late charge exceed the highest amount allowed by law. Charges may be assessed for unbilled Service up to two years in arrears, except for fraud, where no limitation applies.
(c) AT&T Long Distance may assess a charge of $25.00 whenever a check or draft presented for payment of Service is not accepted by the institution upon which it was written.
(d) Credit Card billing and automatic withdrawal from Customer's checking or savings account may be available. If Customer presents an undue risk of nonpayment at any time, AT&T Long Distance may require Customer to pay its bill in cash or the equivalent of cash. With Credit Card billing, charges for Service provided by AT&T Long Distance are billed on Customer's designated and approved Credit Card. Should Customer cancel or change a designated Credit Card for billing, Customer shall promptly inform AT&T Long Distance and designate new information for billing. Charges for Service are billed monthly ...
Payment and Billing. Within fifteen (15) Days after the end of each Month, the Seller shall prepare and deliver to the Purchaser an Invoice which shall include calculations, in reasonable detail, of such amounts owed to the Seller for Capacity Payments, Energy Payments, [Supplemental Payments] and liquidated damages and amounts owed to the Purchaser including liquidated damages, in accordance with this Agreement and the procedures determined by the Operating Committee; and
12.6.1 Any payment which is not paid when due shall bear interest at the Default Rate.
12.6.2 If the Purchaser disputes any portion of such statement, then the Purchaser shall, within six (6) Days of the receipt of such statement, serve a notice on the Seller indicating the amount in dispute and the basis thereof ("Payment Dispute Notice"). The matter shall be settled by mutual discussion and, if necessary, referral to an expert pursuant to Clause 20.2. If it is determined that the either Party (the "Debtor Party") owes an amount of money to the other Party (the "Creditor Party"), the Debtor Party shall, within fifteen (15) Working Days after the receipt of such determination, pay such sum to the Creditor Party together with interest thereon at the Default Rate from the date the Debtor Party should have paid such sum to the Creditor Party.
12.6.3 [At any time prior to [◆] Days after the end of an Operating Year, or within such other period as permitted or required by applicable law, either Party may serve a Payment Dispute Notice on the other Party that the amount of any statement submitted by the Purchaser during the preceding Operating Year is in dispute. Each Payment Dispute Notice shall specify the statement concerned, the amount of the Dispute and the basis thereof. The Dispute shall be settled by mutual discussion and, if necessary, referral to an expert pursuant to Clause and 20.2. Upon resolution of the Dispute, the Party which is determined to owe money to the other Party shall immediately pay such sum to the other Party together with interest thereon at the Default Rate from the date such payment should have been made.]
Payment and Billing. ▇▇▇▇▇▇▇ HILLS shall pay CITY for services rendered under this MOU as set forth in this Section and Exhibit A attached hereto, and incorporated as in full. Retroactive payment from December 1, 2011 until this MOU is signed shall be made to CITY by ▇▇▇▇▇▇▇ HILLS within 15 days of execution of this Interim MOU. At the request of ▇▇▇▇▇▇▇ HILLS and because of the need therefor, CITY has performed the services specified herein prior to execution of this MOU. ▇▇▇▇▇▇▇ HILLS acknowledges the services previously performed by the CITY and ratifies the CITY’s performance of said services to the extent said services were performed in accordance with the terms and conditions of this agreement. Charges and rates are set annually by CITY and become effective on July 1 of each year. Charges are determined by calculation of full cost recovery of direct services provided to ▇▇▇▇▇▇▇ HILLS. In no event shall reimbursement to CITY exceed $240,000.00 for any twelve-month period. Payment Due: Payment shall be due within 30 days of receipt by ▇▇▇▇▇▇▇ HILLS of an invoice. Invoices shall be submitted by CITY by the 15th of the month following the service period. Submission by email is acceptable. Payment shall be remitted in full by ▇▇▇▇▇▇▇ HILLS within 30 days of receipt of each invoice. Payment shall be in arrears for the services provided during the prior month if not paid within 30 days of receipt. Fee Calculation: Each month BEVERY HILLS shall owe one twelfth (1/12) of the CITY’s annual calculated administrative overhead cost for services provided during the billing period (month); plus the actual costs for each hour, or fraction thereof, that Animal Control Officers provide services; plus the actual cost per day of each sheltered animal; less revenue received from licenses paid by residents of ▇▇▇▇▇▇▇ HILLS and collected by CITY during the billing period. Returned checks will be deducted and will not be counted as paid and collected. Should services be provided for a period of time that is not a complete calendar month (i.e. services beginning or ending in the middle of a month), the amount paid by ▇▇▇▇▇▇▇ HILLS shall be prorated by CITY at a daily rate for that month. Permit fees assessed and collected (such as fees for petting zoos, operation of animal hospitals, pet stores, etc.) will be retained by CITY and not deducted from calculations of amounts owed to cover costs. Shown in Exhibit A are overhead, shelter charges, service costs, and license credits applied from Februar...
Payment and Billing a. As a condition precedent for any payment, the CONSULTANT shall submit monthly, an invoice to the CITY requesting payment for services properly rendered and expenses due. The CONSULTANT'S invoice shall describe with reasonable particularity each service rendered, the date thereof, the time expended if such services were rendered pursuant to an Hourly Rate Basis and the person’s position rendering such service. The CONSULTANT'S invoice shall be accompanied by such documentation or data in support of expenses for which payment is sought as the CITY may require. Each invoice shall bear the signature of the CONSULTANT, which signature shall constitute the CONSULTANT'S representation to the CITY that the services indicated in the invoice have reached the level stated, have been properly and timely performed as required herein, that the expenses included in the invoice have been reasonably incurred in accordance with this Agreement, that all services provided are for a public purpose, that all obligations of the CONSULTANT covered by prior invoices have been paid in full, and that the amount requested is currently due and owing, there being no reason known to the CONSULTANT that payment of any portion thereof should be withheld. Submission of the CONSULTANT’s invoice for final payment will be clearly marked Final Invoice and shall further constitute the CONSULTANT’S representation to the CITY that, upon receipt by the CONSULTANT of the amount invoiced, all obligations of the CONSULTANT to others, including its consultants, incurred in connection with the services provided, will be paid in full.
b. If the Scope of Services to be performed by a Work Order is clearly defined in advance of the work effort, the Work Order shall, at the sole discretion of the CITY, be issued on a "Lump Sum Basis.” Upon the CONSULTANT’S acceptance of the Work Order, the CONSULTANT shall perform all work required by the Work Order, but in no event, shall the CONSULTANT be paid more than the negotiated “Lump Sum Fee” amount stated therein.
c. If the Scope of Services to be performed by a Work Order is not clearly defined, the Work Order may, at the sole discretion of the CITY, be issued on an "Hourly Rate Basis" and contain a “Not-to Exceed” amount. Upon the CONSULTANT’S acceptance of the Work Order, the CONSULTANT shall perform all work required by the Work Order, but in no event, shall the CONSULTANT be paid more than the “Not-to-Exceed” amount stated therein.
d. If the Scope of Serv...
Payment and Billing. Section 1. BWS shall bill MCWD ▇▇▇▇ ▇ ▇onth. Payment will be made within twenty (20) working days after receipt of the required correct and complete documents, including among others the hourly log data on flow rate, LSI, pressure, total volume, and water quality test results. Any payment made hereunder shall be inclusive of all applicable taxes and net of all penalties imposable on BWS. In the event that MCWD fails to accept the volume of water delivered in accordance with the terms set herein under Article III Section 2, without any justifiable reason, MCWD shall be liable for penalty in the form of liquidated damages for any delay in the commencement of water supply (Day One of Delivery) computed as follows: Total Contract Price of Year 1 = 10,000 cu. m. per day x
Payment and Billing. (a) The CONTRACTOR shall supply all goods required by each purchase order, but, in no event, shall the CONTRACTOR be paid more than the compensation amount stated within each purchase order consistent with the provisions of Exhibit “B.”
(b) The CONTRACTOR shall invoice the CITY the amount due based on the goods provided under the purchase order; but, in no event, shall the invoice amount exceed the amount of goods actually provided. DRAFT
(c) Payments shall be made by the CITY to the CONTRACTOR not more than once monthly. Each purchase order shall be invoiced separately. The CONTRACTOR shall render to CITY, at the close of each calendar month, an itemized invoice properly dated, describing any goods provided, the cost of the goods, the name and address of the CONTRACTOR, the purchase order number, contract number (if applicable) and all other information required by this Agreement. The original invoice shall be sent to: City of Palm Coast Finance Department ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇-▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
(d) Payment shall be made after review and approval by CITY within thirty (30) days of receipt of a proper invoice from the CONTRACTOR.
Payment and Billing. 9.6.1 Within fourteen (14) Days after the last Day of each Month, JPS shall prepare and deliver to the Company a statement reflecting all amounts payable to each Party by the other Party in Dollars pursuant to this Agreement (each, a “Statement”). The Statement shall include calculations, in reasonable detail, of such amounts owed to the Company for Fixed Payments and Variable Payments (if any) and amounts owed to JPS, including for liquidated damages, in accordance with this Agreement and the procedures determined by the Operating Committee. The Statement shall be accompanied by any payment owed to the Company.
9.6.2 If JPS fails to pay any amount of a payment owed to the Company (a) on or before the Day such payment is due under Clause 9.6.1 or (b) if the Company prepares the Statement in accordance with Clause 9.7.4, on or before the Day such payment is due under Clause 9.7.4, JPS shall pay accrued interest on such amount at the Base Rate commencing on (i) the [Amount] ([Figures]) Day after the last Day of the Month for which payment is due under Clause 9.6.1 in the case of sub-clause (a) or (ii) the [Amount] ([Figures]) Day after JPS receives the Statement in the case of sub-clause (b) and continuing, in either case, for a period of [Amount ([Figures])] Days, and thereafter JPS shall pay interest on such amount at the Default Rate until the date such amount is paid in full.
9.6.3 Amounts shown on any Statement as owed to JPS by the Company shall be due for payment [Amount] ([Figures]) Days after delivery of the Statement. If the Company fails to pay any amount of a payment owed to JPS on the Day such payment is due, the Company shall pay accrued interest on such amount at the Base Rate commencing on the [Amount] ([Figures]th) Day after delivery of the Statement and continuing for a period of [Amount] ([Figures]) Days, and thereafter the Company shall pay interest on such amount at the Default Rate until the date such amount is paid in full. This Clause 9.6.3 shall not apply to payments due pursuant to clause 9.5.2.
9.6.4 At any time prior to one hundred and eighty (180) Days after the end of any Year in which a Statement is delivered (or within such other period as permitted or required by applicable law), either Party may dispute the amount of such Statement by serving a notice on the other Party indicating the Statement concerned, the amount of the Dispute and the basis therefor (a “Dispute Notice”). The Dispute shall be settled by mutual discussion ...
Payment and Billing a. UWA will bill each Participant net of the scholarship amount.
b. Participants are eligible to apply for federal financial assistance through the UWA Financial Aid Office. (Note that certain Veteran benefits cannot be combined with the Community College Connect Scholarship Program. UWA’s Registrar’s office can determine which VA benefits can be used in combination with the scholarship.)
c. If a Participant withdraws from a class, UWA will follow normal withdrawal refund policies. Community College Connect pricing applies to a class one time. It will not be re-applied to the same course if the Participant re-takes or fails the course for any reason. If a participant withdrawals from a course(s) for any reason the “scholarship” will be revoked upon the withdrawal which may result in an account balance.
d. The Community College Connect Scholarship Program cannot be combined with any other connect scholarship programs.
e. Participants must be registered for their course(s) by the Connect Deadline each term to be eligible for the scholarship.
Payment and Billing. (a) CONTRACTOR shall supply all materials and services required by the Purchase Order, but in no event will CONTRACTOR be paid more than the negotiated Fixed Fee amount stated within each Purchase Order.
(b) For Purchase Orders issued on a Fixed Fee basis, CONTRACTOR may invoice the amount due based on the percentage of total Purchase Order materials and services actually provided, but in no event may the invoice amount exceed a percentage of the Fixed Fee amount equal to a percentage of the total services actually completed.
(c) COUNTY shall make payments to CONTRACTOR when requested as materials and services are provided, but not more than once monthly. Each Purchase Order will be invoiced separately. At the close of each calendar month, CONTRACTOR shall render to COUNTY an itemized invoice, properly dated, describing any materials and services provided, the cost of the materials and services provided, the name and address of CONTRACTOR, Purchase Order Number, Contract Number, and any other information required by this Agreement.
(d) Submittal instructions for invoices are as follows:
(1) The original invoice must be emailed to: ▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
(2) The original invoice may also be mailed or delivered to: Director of County Comptroller’s Office Seminole County Board of County Commissioners P.O. Box 8080 Sanford, FL 32772-8080
(3) A copy of the invoice must be sent to: Seminole County Resource Management Risk Management Division ▇▇▇▇ ▇. ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
(e) Upon review and approval of CONTRACTOR’s invoice, COUNTY shall pay CONTRACTOR the approved amount in accordance with the terms as set forth in Chapter 218, Part VII, Florida Statutes.
Payment and Billing. (a) If the Scope of Services required to be performed by a Work Order is clearly defined, the Work Order will be issued on a Fixed Fee Basis. CONSULTANT shall perform all work required by the Work Order, but in no event may CONSULTANT be paid more than the negotiated Fixed Fee amount stated in the Work Order.
(b) If the Scope of Services is not clearly defined, the Work Order may be issued on a Time Basis Method and contain a Not-to-Exceed amount. If a Not-to-Exceed amount is provided, CONSULTANT shall perform all work required by the Work Order, but in no event may CONSULTANT be paid more than the Not-to-Exceed amount specified in the applicable Work Order.
(c) For Work Orders issued on a Fixed Fee Basis, CONSULTANT may invoice the amount due based on the percentage of total Work Order services actually performed and completed, but in no event may an invoice amount exceed a percentage of the Fixed Fee amount equal to the percentage of the total services actually completed.
(d) For Work Orders issued on a Time Basis Method with a Not-to-Exceed amount, CONSULTANT may invoice the amount due for actual work hours performed, but in no event may an invoice amount exceed a percentage of the Not-to-Exceed amount.
(e) Submittal instructions for invoices are as follows:
(1) The original invoice must be emailed to: ▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
(2) The original invoice may also be mailed or delivered to: Director of County Comptroller’s Office Seminole County Board of County Commissioners P.O. Box 8080 Sanford, FL 32772-8080
(3) A copy of the invoice must be sent to: Seminole County Sanford, FL 3277
(f) Upon review and approval of CONSULTANT’s invoice, COUNTY shall pay CONSULTANT the approved amount in accordance with the terms as set forth in Chapter 218, Part VII, Florida Statutes.