STANDARD PAYMENT TERMS AND CONDITIONS Sample Clauses

STANDARD PAYMENT TERMS AND CONDITIONS. 3.1 Final payment of the function invoice must be received together with confirmation of final numbers and final menu, no later than 21 days prior to the function. There after no changes to menu or numbers will be allowed to take place. 3.2 If an account bar is to be available, the bar limit/estimated consumption is to be provided and is payable in advance together with the invoice payment.

STANDARD PAYMENT TERMS AND CONDITIONS. Pursuant to the Company being determined eligible for reimbursement of corrective action costs, and the Company satisfying the statutorily required deductible, ENERCON agrees to accept OCC Indemnity Fund reimbursement as full payment for services rendered. ENERCON will request an OCC purchase order prior to implementing any activity under this Agreement, unless otherwise directed by Company. The Company will be responsible for payment of the deductible to the OCC. In the event that the OCC refuses to issue a purchase order for the proposed work, and Company continues to request that work, ENERCON will prepare a scope and cost proposal for those services, and will obtain written authority to proceed from Company before performing the work. In this circumstance, Company will be responsible for payment for said services to ENERCON within 30 days of the date of ENERCON’s invoice. ENERCON and Company agree to cooperate if it becomes necessary to pursue legal remedies in gaining reimbursement from the OCC. Any OCC Indemnity Fund reimbursement proceeds in excess of the actual corrective action fees shall be reimbursed to Company.