Common use of Times of Payment of Apportioned Costs Clause in Contracts

Times of Payment of Apportioned Costs. Each Member Town shall pay to the Partnership in each fiscal year its proportionate share of the Capital Costs and Operating Costs. The annual share of each Member Town shall be paid in such amounts and at such times that at least the following percentages of such annual share shall be paid on or before the dates indicated, respectively: July 30th 25% October 15st 50% January 15st 75% April 15st 100% Bills to Member Towns shall be issued by the Partnership no less than 30 days prior to the due date.

Appears in 5 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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