Vendor Reimbursement Sample Clauses
The Vendor Reimbursement clause establishes the obligation for one party, typically the client or purchaser, to compensate the vendor for specific expenses incurred during the performance of a contract. This clause usually outlines the types of costs eligible for reimbursement, such as travel, materials, or third-party services, and may set procedures for submitting and approving reimbursement claims. Its core practical function is to ensure that vendors are not financially disadvantaged for necessary expenditures made on behalf of the client, thereby promoting fairness and transparency in the contractual relationship.
Vendor Reimbursement. In the event that the problems leading to Vendor’s on-site assistance, whether inside or outside the Call Window, are caused by Customer’s gross misuse of the equipment, Customer shall be liable to Vendor for reimbursement at Vendor’s then prevailing time and materials charges.
Vendor Reimbursement. Contractor shall work within HSH approved budgets to reimburse program expenses directly to vendors and partners or directly to employees that have made authorized program purchases. Such responsibilities shall include, but are not limited to the following requirements:
a. Contractor shall pay invoices on a predetermined schedule and/or within 30 days from the date of submission by HSH or vendor or subcontractor.
b. Contractor shall ensure the accuracy and authenticity of invoice processed.
c. Contractor shall timely process accounts payable paperwork,
d. Contractor shall maintain supporting documentation.
Vendor Reimbursement. On a monthly basis, VENDOR must submit invoices in order to be reimbursed for equipment delivered in the previous month. VENDOR may only charge the DISTRICT the amount equal to the amount of the Voucher that is actually incurred to a maximum of $60 for each bicycle parking spot provided, whichever amount is less. Invoices must be submitted using the DISTRICT approved format that contain:
A. A Summary Invoice listing the total amount being requested for reimbursement and sales completed (total number of units sold by equipment type, make and model) for that period and year to date,
B. A copy of each individual Bill of Sale for that period Voucher and remaining costs that are authorized by the Participant (to be billed to the Participant);
C. A table listing all orders placed that are pending that have not been fulfilled and the date the order was placed; and