Common use of Payment Timeframe Clause in Contracts

Payment Timeframe. Manufacturer shall pay the State Supplemental Rebate amount to the Department, including any applicable interest as outlined in 5.1.C. of this Agreement, to which the Department is entitled in accordance with the formula set forth in the Contracted Products Attachment, within thirty-eight (38) days of receipt of an invoice from the Department.

Payment Timeframe. Manufacturer shall pay to Agency the State Supplemental Rebate amount to which Agency is entitled in accordance the Department, including any applicable interest as outlined in 5.1.C. terms of this Agreement, to which the Department is entitled in accordance with the formula set forth in the Contracted Products Attachment, within thirty-eight (38) thirty days of Manufacturer’s receipt of an Agency’s rebate invoice from pursuant to Section 3.e. Using 8 calendar days as reasonable time for reports to reach the Departmentmanufacturer, payment of the invoiced amounts is due on the following schedule.

Payment Timeframe. Manufacturer shall pay to the Department the State Supplemental Rebate amount to the Department, including any applicable interest as outlined in 5.1.C. of this Agreement, to which the Department is entitled in accordance with the formula set forth in the Contracted Products AttachmentAttachment B, within thirty-eight (38) days of after receipt of an invoice from the Department's report described in section 6.4 of this Agreement.