Common use of Payment Process Clause in Contracts

Payment Process. C4.1 For the purposes of this clause C4, unless the context indicates otherwise, the following expressions shall have the following meanings: Expression Meaning BCTI Buyer Created Tax Invoice Payment Fortnight The fortnight following a Service Fortnight PPS Proposed Payment Schedule Service Fortnight The fortnight during which you have performed Services and in respect of which you are entitled to payment under this Agreement C4.2 We will pay you as follows: a. We will provide you, by post or facsimile, with a PPS not later than 2 Working Days prior to the end of the Service Fortnight. b. If you do not receive the PPS by the last Working Day of the Service Fortnight, you must notify our Payment Agent immediately. We will send you a copy of the relevant PPS within 1 Working Day of receiving such notice from you. c. The PPS will specify the Subsidised Residents in respect of whom we anticipate we must make payment to you, and the applicable Residential Care Subsidy per Subsidised Resident based on the previous Service Fortnight’s payment to you. d. You shall complete the PPS and the documentation that accompanies the PPS in accordance with the instructions accompanying the PPS. e. You must verify by signature that the contents of the PPS and the documentation that accompanies the PPS are correct and return the PPS and the documentation to us within 5 Working Days of receipt of the PPS. f. We will send a BCTI to you following receipt of the verified PPS and documentation that accompanies the PPS. g. We will pay you in accordance with the BCTI not later than 10 Working Days after we receive the verified PPS. h. If we do not receive the PPS and documentation that accompanies the PPS in accordance with clause C4.2(e), we will not pay for the Service Fortnight until the fortnight following the Payment Fortnight, provided that we receive the PPS and documentation that accompanies the PPS that complies with clause C4.2(e) for the relevant Service Fortnight not later than 15 Working Days after the PPS was sent. C4.3 Despite clause C4.2, if we notify you in writing that you are not required to provide a PPS for a particular Service Fortnight, we will pay you the amount specified in the previous BCTI that we sent to you as payment for the relevant Service Fortnight.

Payment Process. C4.1 For the purposes of this clause C4, unless the context indicates otherwise, the following expressions shall have the following meanings: Expression Meaning BCTI Buyer Created Tax Invoice Payment Fortnight The fortnight following a Service Fortnight PPS Proposed Payment Schedule Service Fortnight The fortnight during which you have performed Services and in respect of which you are entitled to payment under this Agreement C4.2 We will pay you as follows: a. We will provide you, by post or facsimile, with a PPS not later than 2 Working Days prior to the end of the Service Fortnight. b. If you do not receive the PPS by the last Working Day of the Service Fortnight, you must notify our Payment Agent immediately. We will send you a copy of the relevant PPS within 1 Working Day of receiving such notice from you. c. The PPS will specify the Subsidised Residents in respect of whom we anticipate we must make payment to you, and the applicable Residential Care Subsidy per Subsidised Resident based on the previous Service Fortnight’s payment to you. d. You shall complete the PPS and the documentation that accompanies the PPS in accordance with the instructions accompanying the PPS. e. You must verify by signature that the contents of the PPS and the documentation that accompanies the PPS are correct and return the PPS and the documentation to us within 5 Working Days of receipt of the PPS. f. We will send a BCTI to you following receipt of the verified PPS and documentation that accompanies the PPS. g. We will pay you in accordance with the BCTI not later than 10 Working Days after we receive the verified PPS. h. If we do not receive the PPS and documentation that accompanies the PPS in accordance with clause C4.2(e), we will not pay for the Service Fortnight until the fortnight following the Payment Fortnight, provided that we receive the PPS and documentation that accompanies the PPS that complies with clause C4.2(e) for the relevant Service Fortnight not later than 15 Working Days after the PPS was sent. C4.3 Despite clause C4.2, if we notify you in writing that you are not required to provide a PPS for a particular Service Fortnight, we will pay you the amount specified in the previous BCTI that we sent to you as payment for the relevant Service Fortnight.

Payment Process. C4.1 For the purposes of this clause C4, unless the context indicates otherwise, the following expressions shall have the following meanings: Expression Meaning BCTI Buyer Created Tax Invoice Payment Fortnight The fortnight following a Service Fortnight PPS Proposed Payment Schedule Service Fortnight The fortnight during which you have performed Services and in respect of which you are entitled to payment under this Agreement C4.2 We will pay you as follows: a. We will provide you, by post or facsimile, with a PPS not later than 2 Working Days prior to the end of the Service Fortnight. b. If you do not receive the PPS by the last Working Day of the Service Fortnight, you must notify our Payment Agent immediately. We will send you a copy of the relevant PPS within 1 one Working Day of receiving such notice from you. c. The PPS will specify the Subsidised Residents in respect of whom we anticipate we must make payment to you, and the applicable Residential Care Subsidy per Subsidised Resident based on the previous Service Fortnight’s payment to you. d. You shall complete the PPS and the documentation that accompanies the PPS in accordance with the instructions accompanying the PPS. e. You must verify by signature that the contents of the PPS and the documentation that accompanies the PPS are correct and return the PPS and the documentation to us within 5 Working Days of receipt of the PPS. f. We will send a BCTI to you following receipt of the verified PPS and documentation that accompanies the PPS. g. We will pay you in accordance with the BCTI not later than 10 Working Days after we receive the verified PPS. h. If we do not receive the PPS and documentation that accompanies the PPS in accordance with clause C4.2(e), we will not pay for the Service Fortnight until the fortnight following the Payment Fortnight, provided that we receive the PPS and documentation that accompanies the PPS that complies with clause C4.2(e) for the relevant Service Fortnight not later than 15 Working Days after the PPS was sent. C4.3 Despite clause C4.2, if we notify you in writing that you are not required to provide a PPS for a particular Service Fortnight, we will pay you the amount specified in the previous BCTI that we sent to you as payment for the relevant Service Fortnight.

Payment Process. C4.1 For the purposes of this clause C4, unless the context indicates otherwise, the following expressions shall have the following meanings: Expression Meaning BCTI Buyer Created Tax Invoice Payment Fortnight The fortnight following a Service Fortnight PPS Proposed Payment Schedule Service Fortnight The fortnight during which you have performed Services and in respect of which you are entitled to payment under this Agreement C4.2 We will pay you as follows: a. We will provide you, by post or facsimile, with a PPS not later than 2 Working Days prior to the end of the Service Fortnight. b. If you do not receive the PPS by the last Working Day of the Service Fortnight, you must notify our Payment Agent immediately. We will send you a copy of the relevant PPS within 1 one Working Day of receiving such notice from you. c. The PPS will specify the Subsidised Residents in respect of whom we anticipate we must make payment to you, and the applicable Residential Care Subsidy per Subsidised Resident based on the previous Service Fortnight’s payment to you. d. You shall complete the PPS and the documentation that accompanies the PPS in accordance with the instructions accompanying the PPS. e. You must verify by signature that the contents of the PPS and the documentation that accompanies the PPS are correct and return the PPS and the documentation to us within 5 Working Days of receipt of the PPS. f. We will send a BCTI to you following receipt of the verified PPS and documentation that accompanies the PPS. g. We will pay you in accordance with the BCTI not later than 10 Working Days after we receive the verified PPS. h. If we do not receive the PPS and documentation that accompanies the PPS in accordance with clause C4.2(e), we will not pay for the Service Fortnight until the fortnight following the Payment Fortnight, provided that we receive the PPS and documentation that accompanies the PPS that complies with clause C4.2(e) for the relevant Service Fortnight not later than 15 Working Days after the PPS was sent. C4.3 Despite clause C4.2, if we notify you in writing that you are not required to provide a PPS for a particular Service Fortnight, we will pay you the amount specified in the previous BCTI that we sent to you as payment for the relevant Service Fortnight.