Retrospective Payments definition
Examples of Retrospective Payments in a sentence
The Provider shall make the Retrospective Payments to the Authority within 30 days as per the instructions on the invoice.
If any invoice for Retrospective Payments remains unpaid for a period of three (3) Months, then the Authority may terminate the Framework Agreement forthwith on giving notice in writing to the Provider.
For the avoidance of doubt the Retrospective Payments shall be payable on all individual Orders during the full term of the Direct Award and/or the Further Competition and/or the Call-Off Contract including any extensions thereto.
For the avoidance of doubt the Retrospective Payments shall be payable on all individual Orders during the full term of the Direct Award and/or Competed Call-Offs including any extensions thereto.
The Holder undertakes to make the Retrospective Payment corresponding to the sum of all Retrospective Payments UTIP to the Insurance Company.
If any invoice for Retrospective Payments remains unpaid for a period of three (3) Months then LONDON BOROUGH OF WALTHAM FOREST may terminate the Framework Agreement forthwith on giving notice in writing to the Supplier.
I/we also confirm that in consideration of LONDON BOROUGH OF WALTHAM FOREST acting in this capacity I/we authorise LONDON BOROUGH OF WALTHAM FOREST to make such arrangements with its’ suppliers relating to Retrospective Payments on Goods and/or Services, and to make such enquiries in relation thereto, as it considers necessary in order to recover its operating costs.
I/we also confirm that in consideration of LONDON BOROUGH OF WALTHAM FOREST acting in this capacity I/we authorise LONDON BOROUGH OF WALTHAM FOREST to make such arrangements with its’ suppliers relating to Retrospective Payments on Goods and/or Services, and to make such enquiries in relation to the 1% rebate on spend as detailed in the user guides and tender process.