Payment Period Clause Samples

Payment Period. If Owner disputes a portion of the Payment Application, Owner shall make payment of all undisputed amounts within the thirty (30) day payment period.

Payment Period. Unless mutually agreed upon otherwise, the Responding Member must provide an itemized ▇▇▇▇ to the Requesting Member for all expenses incurred by the Responding Member while providing assistance under this Agreement. The Responding Member must send the itemized ▇▇▇▇ not later than ninety (90) days following the end of the Period of Assistance. The Responding Member may request additional periods of time within which to submit the itemized ▇▇▇▇, and Requesting Member shall not unreasonably withhold consent to such request. The Requesting Member must pay the ▇▇▇▇ in full on or before the sixtieth (60th) day following the billing date. The Requesting Member may request additional periods of time within which to pay the itemized ▇▇▇▇, and Responding Member shall not unreasonably withhold consent to such request, provided, however, that all payment shall occur not later than one year after the date a final itemized ▇▇▇▇ is submitted to the Requesting Member.

Payment Period. The Payment Period shall mean the period commencing with the first day of the month following the month in which a Qualifying Termination occurs and continuing for twenty-four (24) months thereafter.

Payment Period. When, if ever, a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment shall be made within ten (10) days following the date of termination”), the actual date of payment within the specified period shall be within the sole discretion of Middlefield.

Payment Period. Payment Period" means the period beginning on the later of the Change of Control Date or the date of Executive's termination of employment during the Change Period and continuing for the number of months specified in Appendix A; provided, however, if Executive's employment terminates after a Change of Control (or, in the case of a transaction described in Paragraph 2(d)(4) or 2(d)(5), the later effective date of such transaction), the number of months in the Payment Period shall be reduced by one for each full calendar month before the effective date of Executive's termination of employment occurring after the most recent Change of Control Date (or, in the case of a transaction described in Paragraph 2(d)(3) or (4), the later effective date of such transaction) before such termination date.

Payment Period. Margin payments are issued monthly on an as-billed basis, with each “margin period” running from the 16th of the first month to the 15th of the second month. Payment is made to Wholesaler on the 15th or the first Business Day thereafter of the next month period (i.e., the 15th of the third month) from which a bill is issued. The Margin is paid net of taxes and other governmental imposts, refunds, cancellations, discounts, or chargebacks.

Payment Period. When shift work has been introduced, the employer ensures payment of shift pay for up to 2 shifts at a time, even though external circumstances such as lack of raw material or comparable events mean that there is no work to do. In other respects, the daily rate is paid. This agreement does not replace or impair the validity of the agreements on shift work that are now in force between individual unions and employers on shift work.

Payment Period. 4.4.1. The authorising department undertakes to pay sums due pursuant to this contract within a maximum of 30 calendar days from the date on which it receives the invoice, established in accordance with the instructions in Article 4.2 above. Payment shall be deemed to have been effected on the day on which the Translation Centre’s account is debited. 4.4.2. This payment period may be suspended by the authorising department if it informs the Contractor, at any time within the period of 30 calendar days from the date of receipt of the invoice, that the corresponding invoice is not admissible either because the amount is not due or because the necessary supporting documents (e.g. VAT exemption) have not been produced or if the authorising department considers that further checks are necessary (e.g. in the case of discrepancies between invoice and order form). The payment period shall continue to run from the date on which the properly established invoices are registered. 4.4.3. The authorising department shall be bound to comply with payment periods only if invoices are properly presented and sent to the correct address. 4.4.4. In the event of late payment the Contractor shall be entitled to interest, provided the calculated interest exceeds EUR 200. If interest does not exceed EUR 200, the Contractor may claim interest within two months of receiving the payment. Interest shall be calculated at the rate applied by the European Central Bank to its most recent main refinancing operations (‘the reference rate’) plus eight percentage points (‘the margin’). The reference rate in force on the first day of the month in which the payment is due shall apply. That interest rate is published in the C series of the Official Journal of the European Union. Interest shall be payable for the period elapsing from the calendar day following expiry of the time-limit for payment up to the day of payment. Suspension of payment by the Translation Centre may not be deemed to constitute late payment. 4.4.5. The Translation Centre reserves the right to apply liquidated damages relating to quality problems, as set out in Article 5.6.3, on invoices already paid if the standard assessment sheet was not submitted.

Payment Period. Unless otherwise expressly provided, Licensee shall pay any invoice it receives from the City pursuant to this Agreement within thirty (30) calendar days after the City issues the invoice.