Prompt Payment. Company must pay any of its subcontractor(s) who have submitted verified invoices for work already performed within ten (10) calendar days of being paid by Authority. Any exception to this prompt payment provision will only be for good cause with prior written approval of Authority. Failure of Company to pay any of its subcontractor(s) accordingly will be a material breach of this Contract.
Appears in 14 contracts
Samples: Air Service Development Contract, Air Service Development Contract, Air Service Development Contract
Prompt Payment. Company must pay any of its subcontractor(s) who have submitted verified invoices for work already performed within ten (10) calendar days of being paid by Authority. Any exception to this prompt payment provision will only be for good cause with prior written approval of Authority. Failure of Company to pay any of its subcontractor(s) accordingly will be a material breach of this Supplemental Contract.
Appears in 3 contracts
Samples: Supplemental Contract for Technology Solutions, Products and Services, Supplemental Contract, Supplemental Contract
Prompt Payment. Company must pay any of its subcontractor(s) who have submitted verified invoices for work already performed within ten (10) calendar days of being paid by Authority. Any exception to this prompt payment provision will only be for good cause with prior written approval of Authority. Failure of Company to pay any of its subcontractor(s) accordingly will be a material breach of this ContractAgreement. Authority reserves the right to pay any subcontractor(s) or vendor(s) directly and deduct those payment amounts from the subsequent payments due to the Company.
Appears in 2 contracts
Samples: Development Agreement, Development Agreement
Prompt Payment. Company must pay any of its subcontractor(s) who have submitted verified invoices for work already performed within ten (10) calendar days of being paid by Authority. Any exception to this prompt payment provision will only be for good cause with prior written approval of Authority. Failure of Company to pay any of its subcontractor(s) accordingly will be a material breach of this ContractAgreement.
Appears in 2 contracts
Samples: License Agreement, License Agreement
Prompt Payment. Company must pay any of its subcontractor(sSubcontractor(s) who have submitted verified invoices for work already performed within ten (10) calendar days of being paid by Authority. Any exception to this prompt payment provision will only be for good cause with prior written approval of Authority. Failure of Company to pay any of its subcontractor(sSubcontractor(s) accordingly will be a material breach of this Contract.
Appears in 1 contract
Samples: Contract for Grease Drainage System Preventative Maintenance
Prompt Payment. Company must pay any of its subcontractor(s) who have submitted verified invoices for work already performed within ten (10) calendar days of being paid by Authority. Any exception to this prompt payment provision will only be for good cause with prior written approval of Authority. Failure of Company to pay any of its subcontractor(s) accordingly will be a material breach of this ContractSLA.
Appears in 1 contract
Samples: Service Level Agreement
Prompt Payment. Company must pay any of its subcontractor(s) who have submitted verified invoices for work already performed within ten (10) calendar days of being paid by Authority. Any exception to this prompt payment provision will only be for good cause with prior written approval of Authority. Failure of Company to pay any of its subcontractor(s) accordingly will be a material breach of this Supplemental Contract. Authority reserves the right to pay any subcontractor(s) or vendor(s) directly and deduct those payment amounts from the subsequent payments due to the Company.
Appears in 1 contract
Samples: Supplemental Contract
Prompt Payment. Company must pay any of its subcontractor(s) who have submitted verified invoices for work already performed within ten forty-five (1045) calendar days as from the issuance date of being paid by Authoritythe invoice. Any exception to this prompt payment provision will only be for good cause with prior written approval of Authority. Failure of Company to pay any of its subcontractor(s) accordingly will be a material breach of this Contract.
Appears in 1 contract
