Common use of Payment currency and costs Clause in Contracts

Payment currency and costs. Payments are executed in the currency of the contract. Costs of the transfer are borne in the following way: • costs of dispatch charged by the bank of the Contracting Authority are borne by the Contracting Authority, • cost of receipt charged by the bank of the Contractor are borne by the Contractor, all costs of repeated transfer caused by one of the parties are borne by the party who caused repetition of the transfer.

Appears in 2 contracts

Samples: Draft Service Contract, Draft Service Contract

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Payment currency and costs. Payments are executed in the currency of the contract. Costs of the transfer are borne in the following way: • costs of dispatch charged by the bank of the Contracting Authority Commission are borne by the Contracting AuthorityCommission, • cost of receipt charged by the bank of the Contractor are borne by the Contractor, all costs of repeated transfer caused by one of the parties are borne by the party who caused repetition of the transfer.

Appears in 2 contracts

Samples: Service Contract, Service Contract

Payment currency and costs. Payments are executed in the currency of the contract. Costs of the transfer are borne in the following way: costs of dispatch charged by the bank of the Contracting Authority Commission are borne by the Contracting AuthorityCommission, • cost ➢ costs of receipt charged by the bank of the Contractor are borne by the Contractor, all costs of repeated transfer caused by one of the parties are borne by the party who caused repetition of the transfer.

Appears in 1 contract

Samples: ec.europa.eu

Payment currency and costs. Payments are executed in the currency of the contract. Costs of the transfer are borne in the following way: costs of dispatch charged by the bank of the Contracting Authority Commission are borne by the Contracting AuthorityCommission, cost of receipt charged by the bank of the Contractor are borne by the Contractor, all costs of repeated transfer caused by one of the parties are borne by the party who caused repetition of the transfer.

Appears in 1 contract

Samples: ec.europa.eu

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Payment currency and costs. Payments are executed in the currency of the contract. Costs of the transfer are borne in the following way: • costs of dispatch charged by the bank of the Contracting Authority Contacting authority are borne by the Contracting AuthorityContacting authority, • cost of receipt charged by the bank of the Contractor are borne by the Contractor, all costs of repeated transfer caused by one of the parties are borne by the party who caused repetition of the transfer.

Appears in 1 contract

Samples: Draft Services Contract

Payment currency and costs. Payments are executed in the currency of the contract. Costs of the transfer are borne in the following way: • costs of dispatch charged by the bank of the Contracting Authority EIGE are borne by the Contracting AuthorityEIGE, • cost of receipt charged by the bank of the Contractor are borne by the Contractor, all costs of repeated transfer caused by one of the parties are borne by the party who caused repetition of the transfer.

Appears in 1 contract

Samples: Draft Service Contract

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