Progress Payments on Account of Services. Progress payments are due and payable to the Consultant within thirty (30) days of receipt of the Consultant’s invoice, provided that the Consultant is entitled to payment as provided in this Agreement. Amounts unpaid sixty (60) days after the invoice receipt date shall bear interest at the Bank of America Prime Rate plus two percent (2%).
Progress Payments on Account of Services. Progress payments are due and payable to the A/E within thirty (30) days of receipt of the A/E’s invoice, provided that the A/E is entitled to payment as provided in this Agreement. Amounts unpaid sixty (60) days after the invoice receipt date shall bear interest at the Bank of America Prime Rate plus two percent (2%). Sample
Progress Payments on Account of Services. Progress paymen ts are due an d payable to t he A/E wit hin thirty (30) days of receipt of t he A/E’s invoice, provided t hat t he A/E is en titled to paymen t as provided in t his Agreemen t. Am ou n ts u n paid sixty (60) days after t he invoice receipt date shall bear in terest at t he Bank of America Prime Rate plus two percent (2%).