Payment clause examples
[DOC File]Standard Checklist for Clauses in International Contracts
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Payment clause: On what date or by when what event occurs? Any interest (penalty) to be paid if late? Any discount off the price if payment is early? For example, it is common to see the following payment terms in American domestic transactions: “Payment due in 30 days after shipment (or delivery, as the parties may agree), 5% discount if ...
[DOC File]SAMPLE SPEAKER CONTRACT
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Cancellation Clause: Examples: If Chapter cancels the event: Cancellation up to 30 days prior to class – no charge for speaker fee. Cancellation between one to three weeks prior to class – 50% of speaker fee. Cancellation in last week prior to class – 75% of speaker fee.
[DOC File]Sample Contract Provisions
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SKIP, STUTTER MORTGAGE CLAUSE At mortgagors option, mortgagors may skip one monthly payment each year. The mortgage shall be extended one month for each skipped payment. EXCULPATORY CLAUSE The holder of this note and mortgage is limited to recovery of the debt evidenced hereby by foreclosure and sale of the property affected by the mortgage ...
[DOC File]Market Reform Contract - London Market Group
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The premium payment terms applicable to the insured i.e. any premium payment terms, warranties and/or conditions. The content under this heading should specify the period in which the insured should settle the premium (i.e. the number of days from the date(s) when the premium is due; whether as a single premium or via instalments) and whether ...
[DOC File]BILLING SERVICES AGREEMENT
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Changes in the Base Fee under clause (a) shall be retroactively effective to the Effective Date; changes under clause (b) shall be effective as of the end of the Discussion Period. ... CLIENT shall be responsible for payment of storage costs for all CLIENT documents required to be maintained by EBC greater than one hundred twenty (120) days ...
[DOCX File]FINAL RELEASE OF CLAIMS - Under Secretary of Defense for ...
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(hereinafter called the Contractor) or its assignees, if any, the Contractor, upon payment of the said sum by the UNITED STATES OF AMERICA (hereafter called the government) does remise, release and discharge the Government, its officers, agents and employees of and from all liabilities, obligations, claims and demands whatsoever arising out of ...
[DOCX File]Sample Independent Contractor Agreement
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Contractor acknowledges that any breach or threatened breach of Clause 18 of this Agreement will result in irreparable harm to Client for which damages would be an inadequate remedy. Therefore, Client shall be entitled to equitable relief, including an injunction, in the event of such breach or threatened breach of Clause 18 of this Agreement.
[DOC File]SAMPLE CONTRACT FOR CONSULTING SERVICES
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13.3 Payment upon Termination Upon termination of this Contract pursuant to Clauses 13.1 or 13.2, the Client shall make the following payments to the Consultants: (a) remuneration pursuant to Clause 3 for Services satisfactorily performed prior to the effective date of termination;
[DOCX File]Comparison of Major Contract Types
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A firm-fixed-price, level-of-effort term contract is suitable for investigation or study in a specific research and development area. The product of the contract is usually a report showing the results achieved through application of the required level of effort. However, payment is based on the effort expended rather than on the results achieved.
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