delivery schedule, shall grant UTHSC-H the option of imposing liquidated damages in the amount of fifteen hundred dollars ($1,500.00) per calendar day. Notwithstanding the foregoing, UTHSC-H shall have no obligation to accept late performance or waive timely performance by Contractor. 6.3 Payment Terms University’s standard payment terms for services are Proposer agrees University’s “Net 30 days.” that University will be entitled to withhold ten percent (10%) of the total payment due under the Agreement until after acceptance of the final work product. University’s Indicate below the prompt payment discount that Proposer will provide to University: Prompt Payment Discount: _____%_____days/net 30 days. Respectfully submitted, ____________________________ Proposer: ___________________________ By: (Authorized Signature for Proposer) Name: _________________________ Title: __________________________ Date: _____________________
delivery schedule, shall grant UTHSC-H the option of imposing liquidated damages in the amount of fifteen hundred dollars ($1,500.00) per calendar day. Notwithstanding the foregoing, UTHSC-H shall have no obligation to accept late performance or waive timely performance by Contractor. 6.3 University’s Payment Terms University’s standard payment terms for services are “Net 30 days.” Proposer agrees that University will be entitled to withhold ten percent (10%) of the total payment due under the Agreement until after University’s acceptance of the final work product. Indicate below the prompt payment discount that Proposer will provide to University: Prompt Payment Discount: _____%_____days/net 30 days. Respectfully submitted, Proposer: ____________________________ By: ___________________________ (Authorized Signature for Proposer) Name: _________________________ Title: __________________________ Date: _____________________
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