Common use of Payment to Bus Vendor Clause in Contracts

Payment to Bus Vendor. Immediately following acceptance, the LEA will execute and deliver to CONTRACTOR “Part 3--Disbursement Request” together with each of the documents referenced thereon. The Disbursement Request will include the vehicle identification number of each of the Accepted Buses and the aggregate cost of the Accepted Buses. The LEA will request that payment be made to the Vendor within thirty (30) days, pursuant to the Disbursement Request. Within ten (10) days of the acceptance of the Accepted Buses by the LEA and the DPI, the Board, on behalf of the LEA, will transmit the first annual Installment Payment as indicated on the Payment Schedule for that Appendix, . . Within thirty (30) days of the LEA’s acceptance of the Accepted Buses, CONTRACTOR will rendor payment to the Vendor. .

Payment to Bus Vendor. Immediately following acceptance, the LEA will execute and deliver to CONTRACTOR “Part 3--Disbursement Request” together with each of the documents referenced thereon. The Disbursement Request will include the vehicle identification number of each of the Accepted Buses and the aggregate cost of the Accepted Buses. The LEA will request that payment be made to the Vendor within thirty (30) days, pursuant to the Disbursement Request. Within ten (10) days of the acceptance of the Accepted Buses by the LEA and the DPI, the Board, on behalf of the LEA, will transmit the first annual Installment Payment as indicated on the Payment Schedule for that Appendix, . . Within thirty (30) days of the LEAXXX’s acceptance of the Accepted Buses, CONTRACTOR will rendor payment to the Vendor. .