Payment by the Councils Sample Clauses
Payment by the Councils. Whenever the Councils are liable under or in connection with this Agreement to pay any sum of money to the Contractor other than the Monthly Charge or pursuant to Clause 37 and Clause 41 then except where this Agreement specifies otherwise, it shall be paid to the Contractor (to such account as the Contractor shall have notified to the Authorised Officer in each notice or demand for payment submitted to the Authorised Officer therefore) within Days of the Contractor’s demand for payment and if not so paid the Contractor shall be entitled to recover interest on any monies due at the rate of from time to time calculated on a daily basis from the due date for payment until the date that payment is received by the Contractor whether before or after judgement.
Payment by the Councils. Whenever the Councils are liable under or in connection with the Contract to pay any sum of money to the Contractor other than the Unitary Charge or pursuant to clauses 50, 51.2, 53, 55, 57 and 59 then except where this Contract specifies otherwise, it shall be paid to the Contractor (to such account as the Contractor shall have notified to the Council in each notice or demand for payment submitted to the Lead Authority therefore) within 30 Days of the Contractor’s demand for payment and if not so paid the Contractor shall be entitled to recover interest on any monies due at the rate of one per cent above the base rate of HSBC plc from time to time calculated on a daily basis from the due date for payment until the date that payment is received by the Contractor whether before or after judgement.