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 accordance with the Payment Terms contained in Schedule 2. The School Council is not obliged to pay any amount due under this Contract unless the Contractor has: complied with each of its obligations under this Contract; issued the School Council a valid tax invoice; and provided the School Council with Student Results in accordance with clause 3.2(b). If, during the Term, the School Council requires the Contractor to provide the Services in respect of Additional Students in accordance with clause 2.2, and if that requirement results in an increase to the total number of Students listed in Schedule 1, the Service Fee will be varied by an amount calculated using the Service Fee table specified in Schedule 2. 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. If GST is payable by the Contractor on the Services invoiced to the School Council under this Contract, the GST payable must be paid by the School Council to the Contractor. This clause 6 does not limit the School Council's rights to withhold other payments due to the Contractor under this Contract or the School Council’s other rights in respect of a breach of this Contract. The Contractor acknowledges that failure to provide Student Results by the due date is a breach of this Contract and will cause substantial loss and damage to the School Council.

Appears in 3 contracts

Samples: Re Engagement Program Contract, Re Engagement Program Contract, Re Engagement Program Contract

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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 accordance with consideration of the Payment Terms contained in Schedule 2performance by the Contractor of the Services. The School Council is not obliged to pay any amount due under this Contract a Payment Instalment unless the Contractor has: complied with each of its obligations under this Contract; issued issues a valid tax invoice to the School Council a valid tax invoice; and provided the School Council with Student Results in accordance with clause 3.2(b). If, during the Term, the School Council requires the Contractor to provide the Services in respect of Additional Students in accordance with clause 2.2, and if that requirement results in an increase 30 days prior to the total number of Students listed in Schedule 1, the Payment Instalment Date. The Service Fee will be varied calculated on a per Student basis in proportion to the components of the Senior Secondary Qualification that is being delivered by an amount calculated using the Service Fee table contractor, as specified in Schedule 2. 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. If 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 6 does not limit the School Council's rights to withhold other payments due to the Contractor under this Contract or 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.

Appears in 2 contracts

Samples: Purchasing Contract, Purchasing Contract

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