Advance Payment Invoice Sample Clauses

An Advance Payment Invoice clause requires the buyer to pay a specified amount upfront before goods or services are delivered. In practice, this means the seller issues an invoice for the advance payment, and the buyer must settle this invoice as a condition for the commencement of work or shipment of products. This clause ensures the seller receives funds in advance, reducing the risk of non-payment and providing working capital to fulfill the order.
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Advance Payment Invoice. Prior to the Foundation paying the Advance Funds, Anacor will submit to the Foundation a statement that meets the requirements of Section 4.2(b) detailing the amounts that Anacor expects to pay using the initial payment of Advance Funds.