Price and Payment Term Sample Clauses

Price and Payment Term. 3.1 The Seller hereby agrees to sell to Purchaser [***] Equities of the company at price of [***] under the condition of this agreement. 3.2 Purchaser hereby agree to pay to Seller before [***] in [***] to the Seller.
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Price and Payment Term. Fees will be based on the approved Statement(s) of Work plus applicable sales taxes, invoiced to client on a recurring monthly basis on either the first or fifteenth of each month. Client will also pay the fees set forth in any Statements of Work signed by the parties, and invoices issued by Consultant for Excluded Services and Projects.
Price and Payment Term. The Customer shall make payments to Xxxxxxx Controls for Work performed, as well as payments for Services rendered pursuant to the Services Schedule. (a) The price to be paid by the Customer for the Work shall be $3,299,863.00. Progress payments (including payment for materials delivered to Xxxxxxx Controls and work performed on and off-site) shall be made to Xxxxxxx Controls. (b) Xxxxxxx Controls initial application for payment will include 18% mobilization and will be submitted within 10 days of commencement date. Subsequent payment applications shall be submitted monthly based on the value of labor and materials incorporated in the work and for the materials suitably stored at the site. JCI will develop a schedule of values and submit the schedule of values to Customer's Architect (Gibrtaltar Design) for review. Progress payments shall be submitted on AlA standard documents to the Customer through Customer's Architect (Gibraltar Design). Progress payments, less 5% retainage, shall be made no later than 30 days after submission. (c) If application is made for material not installed in the work, but delivered and stored at the site, JCI shall submit stored material log. JCI shall store said materials, equipment and fabricated items so that they will not deteriorate or be damaged in any way. (d) Partial waivers of lien shall be provided for the prior month's application with the current application for payment submission. Final payment, including retainage, constituting the entire unpaid balance for the Work, shall be made to Xxxxxxx Controls within 30 days after the Substantial Completion Date. Payments may be withheld on account of any breach of this Agreement by Xxxxxxx Controls and claims by third parties (including Xxxxxxx Controls subcontractors and material suppliers), but only to the extent that written notice has been provided to Xxxxxxx Controls and Xxxxxxx Controls has failed, within ten days of the date of receipt of such notice, to provide adequate security to protect Customer from any loss, cost, or expense related to such claims.
Price and Payment Term a. Each Statement of Work will either be on a time and material basis or a fixed price basis, specified in the Statement of Work. The Statement of Work may or may not include a definitive list of “Deliverables” that must be completed by AssetWorks. In some instances, the Statement of Work will include a date by which “Deliverables” must be completed. b. In the event that Services result in greater AssetWorks duties than contemplated by the Statement of Work, Customer will work closely and in good faith with AssetWorks to modify the Statement of Work to ensure that the Customer’s requirements are addressed and AssetWorks’ fees shall be adjusted to reflect increased Customer requirements. c. Unless specifically addressed in the Statement of Work, all travel and expenses incurred will be extra and billed at the time of incurrence. d. Invoiced amounts are due and payable 30 days from the date of the invoice. The preferred means of payment is by electronic funds transfer (EFT). EFT payments can be accomplished as either a Funds Transfer (Fed Wire) or Direct Deposit (ACH). e. Custom modules, interfaces and other software can be placed under the AssetWorks Software Maintenance program. f. AssetWorks reserves the right to apply a late payment charge of 1.2 % per month, or the maximum rate permitted by law if lower, to amounts outstanding more than 30 days after the date of the invoice and AssetWorks retains the right, in AssetWorks’ sole discretion and in addition to its other rights and remedies, to cease further performance of the Statement of Work. g. Xxxx to Address. The invoice will be mailed to the Customer address on the Order Form unless otherwise indicated in the Statement of Work.
Price and Payment Term a. Each Statement of Work will either be on a time and material basis or a fixed price basis, specified in the Statement of Work. The Statement of Work may or may not include a definitive list of “Deliverables” that must be completed by AssetWorks. In some instances, the Statement of Work will include a date by which “Deliverables” must be completed. b. In the event that Services result in greater AssetWorks duties than contemplated by the Statement of Work, Customer will work closely and in good faith with AssetWorks to modify the Statement of Work to ensure that the Customer’s requirements are addressed and AssetWorks’ fees shall be adjusted to reflect increased Customer requirements. c. Unless specifically addressed in the Statement of Work, all travel and expenses incurred will be extra and billed at the time of incurrence. d. The preferred means of payment is by electronic funds transfer (EFT). EFT payments can be accomplished as either a Funds Transfer (Fed Wire) or Direct Deposit (ACH). e. Custom modules, interfaces and other Software can be placed under the AssetWorks Software Maintenance program. f. Bill to Address. The invoice will be mailed to the Customer address on the Order Form unless otherwise indicated in the Statement of Work.
Price and Payment Term a. Each Statement of Work will either be on a time and material basis or a fixed price basis, specified in the Statement of Work. The Statement of Work may or may not include a definitive list of “Deliverables” that must be completed by Lightbulb Analytics. In some instances, the Statement of Work will include a date by which “Deliverables” must be completed. b. In the event that Services result in greater Lightbulb Analytics duties than contemplated by the Statement of Work, Customer will work closely and in good faith with Lightbulb Analytics to modify the Statement of Work to ensure that the Customer’s requirements are addressed and Lightbulb Analytics’ fees shall be adjusted to reflect increased Customer requirements. c. Unless specifically addressed in the Statement of Work, all travel and expenses incurred will be extra and billed at the time of incurrence. d. The preferred means of payment is by electronic funds transfer (EFT). EFT payments can be accomplished as either a Funds Transfer (Fed Wire) or Direct Deposit (ACH). e. Custom modules, interfaces and other Software can be placed under the Lightbulb Analytics Software Maintenance program. f. Bill to Address. The invoice will be mailed (or emailed) to the Customer address (or email address) on the Order Form unless otherwise indicated in the Statement of Work.
Price and Payment Term except for customers who have an agreement with payment of a fixed fee, the price is calculated for each individual order directly by "Logistics4You SIA". The customer must send the data of his company (name, headquarters, VAT number, place of collection, place of delivery) and then Logistics4You SIA sends the estimate that must be paid before delivery of the goods. In case of non-payment, the goods will not be delivered and the costs will be charged to the customer. In the case of a customer who has a credit agreement already in place with Logistics4You SIA, the invoice will be issued, for all transports of the month, at the end of each month and payment will be made within 30 days of receipt unless otherwise agreed in writing between the parties.
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Price and Payment Term. A. Each SOW will either be on a time and material basis or a fixed price basis, specified in the SOW. The SOW will include a definitive list of “Deliverables” that must be completed by AssetWorks. In some instances, the SOW will include a date by which “Deliverables” must be completed. B. In the event that Services result in greater AssetWorks duties than contemplated by the SOW, Customer will work closely and in good faith with AssetWorks to modify the SOW to ensure that the Customer’s requirements are addressed, and AssetWorks’ fees shall be adjusted to reflect increased Customer requirements. C. Unless specifically addressed in the SOW, all travel and expenses incurred will be extra and billed at the time of incurrence. D. Invoiced amounts are due and payable 30 days from the date of the invoice. The preferred means of payment is electronic funds transfer (EFT). EFT payments can be accomplished as either a Funds Transfer (Fed Wire) or Direct Deposit (ACH). All payments shall be made in United States Dollars without deduction for any taxes or withholding or other offset. E. Services may be invoiced upon completion of Milestones as set forth in the SOW or Order Form. Notwithstanding the invoicing described in the SOW or Order Form, for Professional Services invoices shall be sent either monthly as rendered or upon completion of milestones (as defined in the SOW included in the Order) and include charges defined in the Order Form unless otherwise specifically stated in the Order form. Hardware is invoiced upon shipment. The pricing on the Order Form is based upon the quantities listed at the time of purchase. F. Upon termination for whatever reason and regardless of the nature of the default (if any), Customer agrees to pay AssetWorks in full for Services provided to Customer up to and including the date of termination under this Agreement within 30 days of the invoice date. G. Custom modules, interfaces and other software can be placed under the AssetWorks Software Maintenance program. H. AssetWorks reserves the right to apply a late payment charge of 1.5 % per month, or the maximum rate permitted by law if lower, to amounts outstanding more than 30 days after the date of the invoice and AssetWorks retains the right, in AssetWorks’ sole discretion and in addition to its other rights and remedies, to cease further performance of the SOW.

Related to Price and Payment Term

  • Price and Payment Terms 3.1 In consideration of the provision of Services by Provider as may be requested by the Trust pursuant to a SOW, and subject to the terms of this Agreement, the Trust will pay Provider the SOW Agreement Amount or SOW Fees as defined in and set forth in each executed SOW (or SOW Modification Memorandum issued by the Trust) for the Services expressly authorized in each such SOW. 3.2 Where the Services are provided on a time and materials basis, the fees payable for the Services shall be calculated in accordance with Provider's hourly fee rates as set forth in the executed SOW, or if no hourly fee rates are {P0398105.10} specified in the SOW, then in accordance with the hourly fee rates set forth in Provider’s Proposal, which rates in all cases include all wages, taxes, overhead, general and administrative expenses, and profit. Services shall be provided by the personnel designated in the SOW or Proposal and Provider shall not increase the hourly fee rates unless expressly agreed in writing in advance by the Trust. The Trust will reimburse Provider for reasonable and necessary direct costs and expenses, without xxxx-up. Provider shall exercise best efforts to perform and deliver the Services in the most efficient and cost effective manner, assigning only that level of staffing as is reasonably necessary to perform the particular task(s) at issue. Provider agrees to implement reasonable cost control measures so as to enable the full performance of Services as specified in an SOW within the Trust’s specified not to exceed SOW Fee. Provider shall issue invoices to the Trust monthly in arrears for its fees for the immediately preceding month, together with a detailed breakdown of allowable expenses for such month incurred in accordance with this Agreement. The total payments to Provider for Services specified in an executed SOW shall not exceed the SOW Fee set forth in the SOW unless expressly authorized in advance by the Trust through a written SOW Modification Memorandum. The parties agree that after the initial 24 months of the Term, for Services provided on a time and materials basis, Provider may increase its standard hourly fee rates specified in the applicable SOW upon written notice to the Trust; provided, that: (i) Provider provides the Trust written notice of such increase at least 90 days prior to the effective date of such increase; (ii) such increases occur no more frequently than once per contract year; and (iii) the amount of such increase shall not exceed the lesser of: (a) the percentage rate of increase for the immediately preceding 12-month period in the Consumer Price Index, All Urban Consumers, United States, All Items (1982 - 1984 = 100), as published by the Bureau of Labor Statistics of the United States Department of Labor or, if such index is not available, such other index as the parties may agree most closely resembles such index; or (b) three percent (3%). 3.3 Where Services are provided for a fixed price, the total fee for the Services shall be the amount set forth in the applicable SOW as the SOW Agreement Amount. The SOW Agreement Amount includes payment for all Services and materials and includes all Provider administrative and operating expenses with respect to the Services. The SOW Agreement Amount shall be paid to Provider upon completion and delivery of all required Services under an executed SOW and presentation of a final invoice by Provider. 3.4 Notwithstanding Section 3.3 of this Agreement, for certain Services to be performed at a fixed price, the Trust may require that an SOW provide for periodic payment of the SOW Agreement Amount in installments upon achievement of agreed upon milestones by specifying such method in an SOW. In such case, the SOW Agreement Amount shall be paid to Provider in installments, with each installment being conditioned on Provider achieving the corresponding milestone as set forth in the SOW (“Project Milestone”). On achieving a Project Milestone in respect of which an installment is due, Provider shall issue an invoice to the Trust for the amounts that are then payable. The Trust may require that Provider produce documentation or other evidence of satisfaction of each Project Milestone as a condition of payment. The total payments to Provider for Services specified in an executed SOW shall not exceed the SOW Agreement Amount in the SOW unless expressly authorized in advance by the Trust through a written SOW Modification Memorandum. 3.5 Provider invoices must be submitted on Trust approved forms and must contain sufficient detail to allow proper cost allocation. Invoices must be accompanied by supporting documentation for all charges and costs. In lieu of mailing, invoices and supporting documentation may be submitted via electronic mail to xxxxxxxxxxxxxxx@xxxxxxxxxxxxxxx.xxx, with a copy to the Trust’s designated Agreement Administrator. Invoices require the following: (a) All invoices must include the Services Agreement number. (b) All invoices must include Provider’s name and Federal Tax ID Number. (c) For a time and materials contract, all invoices must include a breakdown of work performed and expenses incurred during the invoice period and indicate the personnel who performed the services, the date of service, the nature of the work, the duration of the work, the rate charged therefor, and the cost of materials. 3.6 By submitting any invoice or request for reimbursement, Provider is representing that the Services or costs identified in the invoice or request for reimbursement have actually been performed, provided or expended, are within the scope of the executed SOW, and that such costs and expenses are allowable in accordance with this Agreement. Provider will not be paid for any time, material, expense or services outside of an SOW or in excess of the SOW Fees or SOW Agreement Amount specified in an executed SOW unless expressly agreed in writing in advance by the Trust.

  • Price and Payment Unless stated otherwise, the Charges are exclusive of value added tax (VAT) or any equivalent sales tax in any applicable jurisdiction. Unless stated otherwise, the Supplier shall invoice for the Charges monthly in arrears and all such invoices shall be accompanied by a statement setting out the Services and/or Goods supplied in the relevant month in sufficient detail to justify the Charges charged. Subject to clause 4.4 below, the British Council shall, unless agreed otherwise by the parties in writing, pay each of the Supplier’s valid and accurate invoices by automated transfer into the Supplier’s nominated bank account no later than 30 days after the invoice is received. Where there is an end client, the British Council shall not be obliged to pay any invoice to the extent that it has not received payment relating to that invoice from the end client. If the British Council fails to pay any sum properly due and payable (other than any sum disputed in good faith) by the due date for payment, the Supplier may charge interest on the amount of any such late payment at the rate of 4% per annum above the official bank rate set from time to time by the Bank of England. Such interest will accrue from the date on which payment was due to the date on which payment is actually made. The parties hereby acknowledge and agree that this rate of interest is a substantial remedy for any late payment of any sum properly due and payable Where the Supplier enters into a Sub-Contract, the Supplier shall: pay any valid invoice received from its subcontractor within 30 days following receipt of the relevant invoice payable under the Sub-Contract; and include in that Sub-Contract a provision requiring the counterparty to that Sub-Contract to include in any Sub-Contract which it awards provisions having the same effect as clause 4.6.1 of this Agreement.

  • Purchase Price and Payment Date Each Asset purchased by the Receiver pursuant to this Section 3.4 shall be purchased at a price equal to the Repurchase Price of such Asset less the Related Liability Amount applicable to such Asset, in each case determined as of the applicable Put Date. If the difference between such Repurchase Price and such Related Liability Amount is positive, then the Receiver shall pay to the Assuming Institution the amount of such difference; if the difference between such amounts is negative, then the Assuming Institution shall pay to the Receiver the amount of such difference. The Assuming Institution or the Receiver, as the case may be, shall pay the purchase price determined pursuant to this Section 3.4(d) not later than the twentieth (20th) Business Day following the applicable Put Date, together with interest on such amount at the Settlement Interest Rate for the period from and including such Put Date to and including the day preceding the date upon which payment is made.

  • Fees and Payment Terms 4.1. When Customer’s Fees are Due: All Fees charged under the Agreement are due and payable on the due date quoted on the invoices generated by Aptum, unless otherwise agreed to in writing by the Parties. Invoices shall be issued in accordance with the applicable Product Terms.

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