Payment clauses

Payment clauses guidance:

Assignment of receivables 1 Clause [insert assignment clause number] is without prejudice to the Business Contract Terms (Assignment of Receivables) Regulations 2018, SI...

Precedents

1 Interest on late payment If either party fails to make payment in accordance with this Agreement the other party shall be entitled, in addition to any unpaid amount...

Precedents

Payment 1 The Consultant shall submit an account (the ‘Account’) for sums due in respect of an instalment at the end of the calendar month in which such instalment and/or...

Precedents

Payment rescheduling 1 The Fee shall be paid by instalments as provided in Schedule [insert] provided that the Employer shall be entitled to reschedule the instalments...

Precedents

Retention 1 The full legal and beneficial ownership in the Retention shall remain vested in the Employer and the Contractor shall have no interest in the retention until...

Precedents
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