Common use of Payments and Payment Terms Clause in Contracts

Payments and Payment Terms. Subject to clauses 6.2, 6.3 and 6.4, the School Council must pay the Contractor the Service Fee in consideration of the performance by the Contractor of the Services. The School Council is not obliged to pay a Payment Instalment unless the Contractor issues a valid tax invoice to the School Council 30 days prior to the Payment Instalment Date. The Service Fee will be calculated on a per VET Certificate of enrolment basis that is delivered by the Contractor, as specified in Schedule 2, and will be determined by the RTO contract price for the delivery of each VET Certificate of enrolment. Withdrawal of a Student from a Program, during the Term, will not result in a variation of the Service Fee. Subject to clause 6.6, the Service Fee is inclusive of all costs and expenses of the Contractor whether foreseen or unforeseen, including without limitation, insurance, duties, imposts and taxes which must be paid by the Contractor. Subject to clause 6.2, if GST is payable by the Contractor under the GST Law on the Services invoiced to the School Council under this Contract, the GST payable must be paid by the School Council to the Contractor. Not more than 90% of the Service Fee shall be paid to the Contractor on the Payment Instalment Dates, or on satisfactory completion of the Services or other circumstances set out in Schedule 2. Subject to receipt of the Results from the Contractor in accordance with clause 3.2(b) a final payment of 10% of the Service Fee must be paid to the Contractor within 30 days of the final invoice. This clause does not limit the School Council's rights to withhold other payments due to the Contractor under this Contract. This clause does not limit the School Council’s other rights in respect of a breach of this Contract. The Contractor acknowledges that failure to provide all the Student Results by the due date is a breach of this Contract and will cause substantial loss and damage to the School Council.

Payments and Payment Terms. Subject to clauses 6.2, 6.3 6.3, and 6.4, the School Council must pay the Contractor the Service Fee in consideration of the performance by the Contractor of the Services. The School Council is not obliged to pay a Payment Instalment unless the Contractor issues a valid tax invoice to the School Council 30 days prior to the Payment Instalment Date. The Service Fee will be calculated on a per VET Certificate Student basis in proportion to the components of enrolment basis the Senior Secondary Qualification that is being delivered by the Contractorcontractor, as specified in Schedule 2, and will be determined by the RTO contract price for the delivery of each VET Certificate of enrolment. Withdrawal of a Student from a Program, during the Term, will not result in a variation of the Service Fee. Subject to clause 6.6, the Service Fee is inclusive of all costs and expenses of the Contractor whether foreseen or unforeseen, including without limitation, insurance, duties, imposts and taxes which must be paid by the Contractor. Subject to clause 6.2, if GST is payable by the Contractor under the GST Law on the Services invoiced to the School Council under this Contract, the GST payable must be paid by the School Council to the Contractor. Not more than 90% of the Service Fee shall be paid to the Contractor on the Payment Instalment Dates, or on satisfactory completion of the Services or other circumstances set out in Schedule 2. Subject to receipt of the Results from the Contractor in accordance with clause 3.2(b) a final payment of 10% of the Service Fee must be paid to the Contractor within 30 days of the final invoice. This clause does not limit the School Council's rights to withhold other payments due to the Contractor under this Contract. This clause does not limit the School Council’s other rights in respect of a breach of this Contract. The Contractor acknowledges that failure to provide all the Student Results by the due date is a breach of this Contract and will cause substantial loss and damage to the School Council.

Payments and Payment Terms. Subject to clauses 6.27.2, 6.3 7.3, and 6.47.4, the School Council must pay the Contractor the Service Fee in consideration of the performance by the Contractor of the Services. The School Council is not obliged to pay a Payment Instalment unless the Contractor issues a valid tax invoice to the School Council 30 days prior to the Payment Instalment Date. The Service Fee will be calculated on a per Student basis in proportion to the components of the senior secondary qualification and/or VET Certificate of enrolment basis certificate that is being delivered by the Contractor, as specified in Schedule 2, and will be determined by made up of the following components: A proportional allocation of the per student Stages of Learning Funding as defined in the SRP; RTO contract price for the delivery of each VET Certificate of enrolment. ; Withdrawal of a Student from a Program, during the Term, will not result in a variation of the Service Fee. Subject to clause 6.67.6, the Service Fee is inclusive of all costs and expenses of the Contractor whether foreseen or unforeseen, including without limitation, insurance, duties, imposts and taxes which must be paid by the Contractor. Subject to clause 6.27.2, if GST is payable by the Contractor under the GST Law on the Services invoiced to the School Council under this Contract, the GST payable must be paid by the School Council to the Contractor. Not more than 90% of the Service Fee shall be paid to the Contractor on the Payment Instalment Dates, or on satisfactory completion of the Services or other circumstances set out in Schedule 2. Subject to receipt of the Results from the Contractor in accordance with clause 3.2(b4.2(b) a final payment of 10% of the Service Fee must be paid to the Contractor within 30 days of the final invoice. This clause does not limit the School Council's rights to withhold other payments due to the Contractor under this Contract. This clause does not limit the School Council’s other rights in respect of a breach of this Contract. The Contractor acknowledges that failure to provide all the Student Results by the due date is a breach of this Contract and will cause substantial loss and damage to the School Council.