Prompt Payment definition

Prompt Payment means a Payment within the time periods applicable pursuant to Sections 504.3 through 504.5 of this Exhibit in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

Prompt Payment means payment prior to the time when a utility could issue a notice of disconnection for nonpay- ment of an amount not in dispute.

Prompt Payment means payment of a debt due and owing by the Authority pursuant to a Contract before interest accrues thereon pursuant to the provisions of this Part.

Examples of Prompt Payment in a sentence

• All bills will be paid in accordance with the State Prompt Payment Act as currently enacted (Illinois Compiled Statutes, 30 ILCS 540/).

• Payment for services described in this Agreement will be made in accordance with the Texas Prompt Payment Act, Chapter 2251 of the Texas Government Code, or as subsequently amended.

• Prompt Payment (§26.29) - The prime Consultant agrees to pay each subcontractor under this prime contract for satisfactory performance of its contract no later than 60 days from the receipt of each payment the prime Consultant receives from the Sponsor.

• All past due amounts will be subject to a finance charge in accordance with the Texas Prompt Payment Act, Chapter 2251, Texas Government Code.

• As delegated to The Office of State Procurement Print name: Xxxx Xxxx Print name: XxXxxx Xxxx Signature: Signature: Title: Treasurer Date: 7/22/2020 Title: Contracts Specialist Date: 7/23/2020 67313 Exhibit A: Contract Terms Prompt Payment and Invoicing.

More Definitions of Prompt Payment

Prompt Payment means payment of a debt due and owing by the CUCF before interest accrues thereon pursuant to this Statement of Prompt Payment Policy.

Prompt Payment means a payment within the time periods applicable pursuant to Sections 504.3 through 504.5 of this Part in order for the Authority not to be liable for interest pursuant to Section 504.6.

Prompt Payment means a Payment within the time periods applicable pursuant to Sections

Prompt Payment means a payment within the time periods applicable pursuant to Sections 1.3 through 1.5 of this policy in order for the Authority not to be liable for interest pursuant to Section 1.6.

Prompt Payment means a Payment within the time periods applicable pursuant to Sections 504.3 through

Prompt Payment means payment of a debt due and owing by the Corporation before interest accrues thereon pursuant to the specifications herein.

Prompt Payment means payment prior to the time when a mobile home park operator or mobile home park con- tractor could issue a notice of disconnection for nonpayment of an amount not in dispute.