Common use of Progress Payments on Account of Services Clause in Contracts

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%).

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement Between Owner and Consultant

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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 Consultant’s invoice is received by the School District by the tenth (10th) of the month and 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%).

Appears in 3 contracts

Samples: cdnsm5-ss19.sharpschool.com, cdnsm5-ss19.sharpschool.com, p19cdn4static.sharpschool.com

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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%).. Sample

Appears in 1 contract

Samples: Agreement

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