Project Price and Payment Provisions Sample Clauses

Project Price and Payment Provisions. 1.1. In consideration of the foregoing covenants, promises, and agreements, Contractor offers, in the amount stated below, to perform the Project Scope of Work according to the Contract Documents. Judicial Council covenants, promises, and agrees that it will pay and cause to be paid to Contractor in full, and as the Project Price the following amount(s): 1.2. The Judicial Council shall pay the Contractor the Total Project Price pursuant to the provisions herein and Exhibit B (“Payment Method”) which is attached hereto and incorporated herein. 1.3. The Total Project Price set forth in this Service Work Order shall be full compensation for all of Contractor’s Work incurred in the performance of this Service Work Order as indicated in the Payment Provisions. 1.4. Judicial Council shall pay Contractor the Total Project Price pursuant to the Payment Provisions, attached hereto and incorporated herein as Exhibit C to this Service Work Order (“Payment Provisions”). Contractor shall xxxx its work under this Service Work Order in accordance with the Payment Provisions. 1.5. No increase in the Total Project Price will be due from change orders generated during the construction period to the extent caused by Contractor’s error or omission. 1.6. Regardless of the structure of the Total Project Price and Method of Payment, the Project Price will be adjusted downward if the Scope of Work of this Project is reduced by the Judicial Council in accordance with the Contract. Judicial Council shall pay for Work authorized and performed prior to the notice to Contractor of a reduction as indicated here. 1.7. The Judicial Council's payments to Contractor pursuant to this section shall constitute full compensation for all of Contractor's time, materials, costs and expenses incurred in the performance of the authorized Scope of Work.
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Project Price and Payment Provisions. 1.1. In consideration of the foregoing covenants, promises, and agreements, Contractor offers, in the amount stated below, to perform the Project Scope of Work according to the Contract Documents. Judicial Council covenants, promises, and agrees that it will pay and cause to be paid to Contractor in full, and as the Project Price the following amount(s):
Sample 1
Project Price and Payment Provisions. In consideration of the foregoing covenants, promises, and agreements, Contractor offers, in the amount stated below, to perform the Project Scope of Work according to the Contract Documents. Judicial Council covenants, promises, and agrees that it will pay and cause to be paid to Contractor in full, and as the Project Price the following amount(s):
Sample 1

Related to Project Price and Payment Provisions

  • 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.

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