Common use of Vendor Payment Clause in Contracts

Vendor Payment. Pursuant to the Master Facilitator Agreement, the Board will allocate funds to the LEAs for the acquisition of the Buses acquired pursuant to the Financing Agreements. The Board will direct those funds to CONTRACTOR to pay the Installment Payments required by this Agreement. Within ten (10) days from the date of acceptance of the Accepted Buses in connection with an Appendix, the Board will direct funds representing the LEA’s first annual Installment Payment to be paid pursuant to “Part 2--Payment Schedule”of an Appendix and will arrange to transfer the Installment Payment to CONTRACTOR . No later than thirty (30) days after the LEA accepts the Accepted Buses, CONTRACTOR will pay the total cost of the Accepted Buses to the Vendor.

Vendor Payment. Pursuant to the Master Facilitator Agreement, the Board will allocate funds to the LEAs for the acquisition of the Buses acquired pursuant to the Financing Agreements. The Board will direct those funds to CONTRACTOR to pay the Installment Payments required by this Agreement. Within ten (10) days from the date of acceptance of the Accepted Buses in connection with an Appendix, the Board will direct funds representing the LEA’s first annual Installment Payment to be paid pursuant to “Part 2--Payment Schedule”of Schedule “of an Appendix and will arrange to transfer the Installment Payment to CONTRACTOR . CONTRACTOR, No later than thirty (30) days after the LEA accepts the Accepted Buses, CONTRACTOR will pay the total cost of the Accepted Buses to the Vendor.

Vendor Payment. Pursuant to the Master Facilitator Agreement, the Board will allocate funds to the LEAs for the acquisition of the Buses acquired pursuant to the Financing Agreements. The Board will direct those funds to CONTRACTOR to pay the Installment Payments required by this Agreement. Within ten (10) days from the date of acceptance of the Accepted Buses in connection with an Appendix, the Board will direct funds representing the LEA’s first annual Installment Payment to be paid pursuant to “Part 2--Payment Schedule”of Schedule” of an Appendix and will arrange to transfer the Installment Payment to CONTRACTOR . No later than thirty (30) days after the LEA accepts the Accepted Buses, CONTRACTOR will pay the total cost of the Accepted Buses to the Vendor.

Vendor Payment. Pursuant to the Master Facilitator Agreement, the Board will allocate funds to the LEAs for the acquisition of the Buses acquired pursuant to the Financing Agreements. The Board will direct those funds to CONTRACTOR to pay the Installment Payments required by this Agreement. Within ten (10) days from the date of acceptance of the Accepted Buses in connection with an Appendix, the Board will direct funds representing the LEA’s first annual Installment Payment to be paid pursuant to “Part 2--Payment Schedule”of Schedule” of an Appendix and will arrange to transfer the Installment Payment to CONTRACTOR CONTRACTOR. No later than thirty (30) days after the LEA accepts the Accepted Buses, CONTRACTOR will pay the total cost of the Accepted Buses to the Vendor.