Payment Terms – Payment in Arrears A. Invoices are to be submitted in arrears to the user agency/department to the ship- to address, unless otherwise directed in this CONTRACT. Payment will be net 30 days after receipt of an invoice in a format acceptable to the County of Orange and verified and approved by the agency/department and subject to routine processing requirements. The responsibility for providing an acceptable invoice rests with the CONTRACTOR.
Direct Deposit If you have arranged to have a direct deposit made to your account at least once every 60 days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by calling (000) 000-0000. This does not apply to transactions occurring outside the United States.
Reimbursable Expenses; Maximum Total Payment; Invoicing District will make no payment until this Contract is fully executed by the authorized representatives of both parties.
Progress Payments; Retainage A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the first day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below, provided that such Applications for Payment have been submitted in a timely manner and otherwise meet the requirements of the Contract. All such payments will be measured by the Schedule of Values established as provided in the General Conditions (and in the case of Unit Price Work based on the number of units completed) or, in the event there is no Schedule of Values, as provided elsewhere in the Contract.
Bill Payment Service The Bill Payment Service permits you to use your Internet-enabled device to direct payment from your designated Bill Pay Account to third parties you wish to pay. Your Bill Pay Account must be a checking account. Through the Bill Payment Service, you can pay bills from your Bill Pay Account to businesses and individuals. All payments you make will be deducted from the account you designate as your Bill Pay Account for the Bill Payment Service. Any payments you wish to make through this service must be payable in US Dollars to a payee located in the continental United States. We reserve the right to restrict types of payees to whom payment may be made using the Bill Payment Service from time to time. You should not use the Bill Payment Service to make payments to settle securities purchases, payment to interest bearing accounts, tax payments or court ordered payments. Payments to these payees will be your sole responsibility if delayed or improperly processed or credited. Funds must be available in your Bill Pay Account on the scheduled payment date. If the date you schedule a payment to initiate falls on a non-business day (Saturday, Sunday or Holiday), funds must be available in your Bill Pay Account the following business day (e.g. Monday). After the funds are withdrawn from your Bill Pay Account to make a payment, we may make the payment either by transferring funds electronically to the payee or by mailing the payee a check. You may choose to schedule a payment to recur in the same amount on a regular weekly, monthly, or semi-monthly basis. When you create a new payee in the Bill Payment Service, it has a temporary status until we have had sufficient time to set up the account and for your business payee to verify information about your account. You should schedule a payment to a new payee at least ten (10) business days before any payment due date, to allow us time to set up the payee and verify information about your account with the payee. For all subsequent payments, you agree to allow at least three (3) business for electronic payments and five (5) business days for check payments between the date you schedule a payment to be initiated and the payment due date (this is, the due date shown on your invoice or provided in your agreement with the payee, not taking into account any applicable grace period). If you do not, you will be responsible for all late fees, finance charges or other actions taken by the payee. If you schedule your payment and follow all instructions provided, but the payee does not receive the payment in a timely manner, we will work with the payee on your behalf to attempt to have any late fees or charges reversed. Freedom Bank is only responsible for exercising ordinary care in processing and sending payments upon your authorizations in accordance with this Agreement. We will not be liable in any way for damages you may incur as a result of the circumstances set forth in the heading LIABILITY" below or for any other circumstance beyond the control of Freedom Bank. If the session during which you schedule a payment or transfer ends by 3:00 pm, Freedom Bank will be considered to have received it on that day. Otherwise, it will be considered received on the following business day. For all entries using the service, the time recorded by the Online Banking Service controls. If your Bill Pay Account does not have sufficient funds to make a payment as of the date of the transfer or payment is attempted or scheduled to be made, the transfer or payment will be canceled and no further attempt will be made by Freedom Bank to make the transfer or payment. Freedom Bank will attempt to notify you by e-mail or US Postal Mail, but we shall have no obligation or liability if we do not complete a transfer or payment because there are insufficient funds in your account to process a transaction. In all cases, you are responsible for either making alternate arrangements for the payment or rescheduling the payment through the Bill Payment Service. In the case of fixed payments, only the payment currently scheduled will be canceled. Fixed payments scheduled for future dates will not be affected. Payment changes or cancellations should be made through the Bill Payment Service. If certain information that you provided to us when setting up the Bill Payment Service for a payee changes, or if you wish to cancel a bill payment to a payee that you have scheduled, you may edit the payment information or delete the payment online via the Bill Payment Service by following the onscreen instructions in the Pending transactions" section. If the payment is not listed and you ask us to cancel a payment after it is issued, and we agree to do so, we may charge you a stop payment fee. Stop payment orders, whether oral, written or electronic will be in effect for a period of six (6) months. If requested by Freedom Bank, you will confirm any stop payment order in writing. After six months, any stop payment will be terminated and must be renewed in order to continue in effect. Freedom Bank may pay any item that is presented following the lapse of any stop payment order. Bill Pay daily limitation: $19,999.99. Schedule of Fees Freedom Bank currently offers the benefits and convenience of the Online Banking Service and the Bill Payment Service at no cost. However, Freedom Bank reserves the right to charge a fee in its discretion in the future upon advance notice along with an opportunity for you to terminate the Service at your option in accordance with the procedures set forth in paragraph C of Term and Termination below. Statements You will continue to receive your regular monthly account statements from Freedom Bank.
Direct Debit (a) Borrower agrees that interest and principal payments and fees will be deducted automatically on the due date from Borrower's account number 1458126057, or such other of Borrower's accounts with Bank as designated in writing by Borrower.
