Common use of Termination Invoice Clause in Contracts

Termination Invoice. Following the end of the Transition Period (or if there is no Transition Period, following the Effective Termination Date), Consultant shall submit to LACERA, in the form and with any reasonable certifications as may be prescribed by LACERA, Consultant’s final invoice (the “Termination Invoice”). The Termination Invoice shall prorate Consultant’s annual fees, on a daily basis, for Services already performed but for which Consultant has not been compensated through the Effective Termination Date, in accordance with the then current Fee Schedule. Consultant shall submit the Termination Invoice no later thirty (30) days after the Transition Period (or if there is no Transition Period, the Effective Termination Date). Upon Consultant’s failure to submit its Termination Invoice within the time allowed, LACERA may determine, on the basis of information available to it, the amount, if any, due to Consultant and such determination shall be deemed final. Subject to the provisions of this Section 15.c, after LACERA has made such determination, or after Consultant has submitted the Termination Invoice and LACERA has approved it, LACERA shall authorize payment to Consultant, so long as Consultant is not in breach or default of any of its post-termination obligations.

Appears in 2 contracts

Samples: Investment Consulting Services Agreement, Investment Consulting Services Agreement

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Termination Invoice. Following the end of the Transition Period (or if there is no Transition Period, following the Effective Termination Date), Consultant Vendor shall submit to LACERA, in the form and with any reasonable certifications as may be prescribed by LACERA, ConsultantVendor’s final invoice (the “Termination Invoice”). The Termination Invoice shall prorate ConsultantVendor’s annual fees, on a daily basis, for Services already performed but for which Consultant Vendor has not been compensated through the Effective Termination Date, in accordance with the then current Fee Schedule. Consultant Vendor shall submit the Termination Invoice no later thirty (30) days after the Transition Period (or if there is no Transition Period, the Effective Termination Date). Upon ConsultantVendor’s failure to submit its the Termination Invoice within the time allowed, LACERA may determine, on the basis of information available to it, the amount, if any, due to Consultant Vendor and such determination shall be deemed final. Subject to the provisions of this Section 15.c, after LACERA has made such determination, or after Consultant Vendor has submitted the Termination Invoice and LACERA has approved it, LACERA shall authorize payment to ConsultantVendor, so long as Consultant Vendor is not in breach or default of any of its post-termination obligations.

Appears in 2 contracts

Samples: Investment Vendor Services Agreement, Investment Vendor Services Agreement

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Termination Invoice. Following the end of the Transition Period (or if there is no Transition Period, following the Effective Termination Date), Consultant shall submit to LACERA, in the form and with any reasonable certifications as may be prescribed by LACERA, Consultant’s final invoice (the “Termination Invoice”). The Termination Invoice shall prorate Consultant’s annual fees, on a daily basis, for Services already performed but for which Consultant has not been compensated through the Effective Termination Date, in accordance with the then current Fee Schedule. Consultant shall submit the Termination Invoice no later thirty (30) days after the Transition Period (or if there is no Transition Period, the Effective Termination Date). Upon Consultant’s failure to submit its Termination Invoice within the time allowed, LACERA may determine, on the basis of information available to it, the amount, if any, due to Consultant and such determination shall be deemed final. Subject to the provisions of this Section 15.c, after LACERA XXXXXX has made such determination, or after Consultant has submitted the Termination Invoice and LACERA has approved it, LACERA shall authorize payment to Consultant, so long as Consultant is not in breach or default of any of its post-termination obligations.

Appears in 1 contract

Samples: Investment Consulting Services Agreement

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