Texas Prompt Payment Act Compliance. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date licensee receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Xxxxxxxxxx County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by licensee in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of licensee’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. Annual pro-rated seat usage: CAREER STEP will invoice Xxxxxxxxxx County for any seat overages at the end each annual year. The pro-rated amount will be based off the number of seats pro-rated over a 12-month period. CAREER STEP will provide the County with a list of prorated seats over contractual allotment with an invoice due upon receipt. (signature page follows) Executed this the day of , 2018. County: Xxxxxxxxxx County, Texas By: Name: Xxx Xxxxxx Title: County Judge Date: SELLER: Career Step, LLC By: Name: Xxxxxx Xxxxx, MHA, Paramedic Title: Vice President of Continuing Education Date: _April 26, 2018
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Texas Prompt Payment Act Compliance. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date licensee receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Xxxxxxxxxx County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by licensee in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of licensee’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. Annual pro-rated seat usage: CAREER STEP will invoice Xxxxxxxxxx County for any seat overages at the end each annual year. The pro-rated amount will be based off the number of seats pro-rated over a 12-month period. CAREER STEP will provide the County with a list of prorated seats over contractual allotment with an invoice due upon receipt. (signature page follows) Executed this the day of , 20182019. County: Xxxxxxxxxx County, Texas By: Name: Xxx Xxxxxx Xxxx Xxxxxxx Title: County Judge Date: SELLER: Career Step, LLC By: Name: Xxxxxx Xxxxx, MHA, Paramedic Xxx Xxxxxxxx Title: Vice President Director of Continuing Education Sales Date: _April 26, 2018:
Appears in 1 contract
Texas Prompt Payment Act Compliance. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date licensee receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Xxxxxxxxxx County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by licensee in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of licensee’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. Annual pro-rated seat usage: CAREER STEP will invoice Xxxxxxxxxx County for any seat overages at the end each annual year. The pro-rated amount will be based off the number of seats pro-rated over a 12-month period. CAREER STEP will provide the County with a list of prorated seats over contractual allotment with an invoice due upon receipt. (signature page follows) Executed this the day of , 2018. County: Xxxxxxxxxx County, Texas By: Name: Xxx Xxxxxx Title: County Judge Date: SELLER: Career Step, LLC By: Name: Xxxxxx Xxxxx, MHA, Paramedic Title: Vice President of Continuing Education Date: _April 26, 2018Education
Appears in 1 contract
Texas Prompt Payment Act Compliance. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date licensee receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Xxxxxxxxxx County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by licensee in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of licensee’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. Annual pro-rated seat usage: CAREER STEP will invoice Xxxxxxxxxx County for any seat overages at the end each annual year. The pro-rated amount will be based off the number of seats pro-rated over a 12-month period. CAREER STEP will provide the County with a list of prorated seats over contractual allotment with an invoice due upon receipt. (signature page follows) Executed this the day of , 2018. County: Xxxxxxxxxx County, Texas By: Name: Xxx Xxxxxx Title: County Judge Date: SELLER: Career Step, LLC By: Name: Xxxxxx Xxxxx, MHA, Paramedic Title: Vice President of Continuing Education Date: _April 26, 2018.
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