Consolidation of invoices Sample Clauses

Consolidation of invoices. 12.6.1 As an optional service, upon mutual agreement of Company's US entity and Xxxxxx Xxxxxxxxxxx, and in accordance with Unisys then current charges for such service, Xxxxxx Xxxxxxxxxxx will collect invoices prepared by Local Providers ("Local Invoices") according to the agreed upon invoicing schedule. Using the Exchange Rate, Xxxxxx Xxxxxxxxxxx will: (i) convert the charges in the Local Invoices into US currency; (ii) summarize these converted charges into a consolidated invoice summary; and; (iii) submit the consolidated invoice summary to the Company's US entity, along with copies of the Local Invoices. The Company US entity will pay Xxxxxx Xxxxxxxxxxx according to the consolidated invoice summary and, upon receipt of the payment(s), Xxxxxx Xxxxxxxxxxx will disperse the payment(s) to the Local Provider(s) according to the consolidated invoice summary. The charges in the consolidated invoice summary, including fixed periodic charges, may change from billing period to billing period based upon changes in the applicable Exchange Rate.
Sample 1
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Consolidation of invoices. 12.6.1 As an optional service, upon mutual agreement of Company's US entity and Xxxxxx Xxxxxxxxxxx, and in accordance with Unisys then current charges for such service, Xxxxxx Xxxxxxxxxxx will collect invoices prepared by Local Providers ("Local Invoices") according to the agreed upon invoicing schedule. Using the Exchange Rate, Xxxxxx Xxxxxxxxxxx will: (i) convert the charges in the Local Invoices into US currency; (ii) summarize these converted charges into a consolidated invoice summary; and; (iii) submit the consolidated invoice summary to the Company's US entity, along with copies of the Local Invoices. The Company US entity will pay Xxxxxx Xxxxxxxxxxx according to the consolidated invoice summary and, upon receipt of the payment(s), Xxxxxx Xxxxxxxxxxx will disperse the payment(s) to the Local Provider(s) according to the consolidated invoice summary. The charges in the consolidated invoice summary, including fixed periodic charges, may change from billing period to billing period based upon changes in the applicable Exchange Rate. 12.6.2 The "Base Currency Exchange Rate" for any currency used to price Products or Services, or both, under this Agreement is the applicable Exchange Rate initially as of the Effective Date of this Agreement. During the term of this Agreement, if a Base Currency Exchange Rate changes by more than 5% (plus or minus) either Company or Unisys may request and receive an adjustment in the affected prices. Prices will be adjusted by applying the Exchange Rate reasonably established by Unisys Treasury, effective on the date of the receipt of the request for an adjustment, to all charges beginning the next calendar month. The Exchange Rate used for this pricing adjustment shall then become the Base Currency Exchange Rate for future price adjustments until superseded by another rate according to this provision.
Sample 1

Related to Consolidation of invoices

  • Submission of Invoices 5.1 An original invoice shall be submitted by mail by the Contractor for each payment under the Contract to the following address: .................………………………………………………………………………………………………………………. 5.2 Invoices submitted by fax shall not be accepted by UNDP.

  • Administration of Inventory Borrower shall keep records of its and its Subsidiaries’ Inventory which records shall be complete and accurate and complete in all material respects. Borrower shall furnish to Agent Inventory reports concurrently with the delivery of each Borrowing Base Certificate described in subsection 8.1.4 or more frequently as requested by Agent, which reports will be in such other format and detail as Agent shall request and shall include a current list of all locations of Borrower’s Inventory. Borrower shall conduct a physical inventory no less frequently than annually and shall provide to Agent a report based on each such physical inventory promptly thereafter, together with such supporting information as Agent shall reasonably request.

  • Promotion of Investments 1. Each Contracting Party shall promote investments in its territory by investors of the other Contracting Party and shall accept such investments in accordance with its legislation. 2. In particular, each Contracting Party shall authorize the conclusion and the fulfilment of licence contracts and commercial, administrative or technical assistance agreements, as far as these activities are in connection with such investments.

  • Promotion of Investment Member States shall cooperate in increasing awareness of ASEAN as an integrated investment area in order to increase foreign investment into ASEAN and intra-ASEAN investments through, among others: (a) encouraging the growth and development of ASEAN small and medium enterprises and multinational enterprises; (b) enhancing industrial complementation and production networks among multi-national enterprises in ASEAN; (c) organising investment missions that focus on developing regional clusters and production networks; (d) organising and supporting the organisation of various briefings and seminars on investment opportunities and on investment laws, regulations and policies; and (e) conducting exchanges on other issues of mutual concern relating to investment promotion.

  • Termination of Investment The obligation of the Investor to make an Advance to the Company pursuant to this Agreement shall terminate permanently (including with respect to an Advance Date that has not yet occurred) in the event that (i) there shall occur any stop order or suspension of the effectiveness of the Registration Statement for an aggregate of fifty (50) Trading Days, other than due to the acts of the Investor, during the Commitment Period, and (ii) the Company shall at any time fail materially to comply with the requirements of Article VI and such failure is not cured within thirty (30) days after receipt of written notice from the Investor, provided, however, that this termination provision shall not apply to any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post effective amendment is declared effective by the SEC.

  • Collection of Items We act only as your agent and we are not responsible for handling items for deposit or collection beyond the exercise of ordinary care. We are not liable for the negligence of any correspondent or for loss in transit, and each correspondent will only be liable for its own negligence. We may send any item for collection. Items drawn on an institution located outside the United States are handled on a collection basis only. You waive any notice of nonpayment, dishonor, or protest regarding items we purchase or receive for credit or collection to your account. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor financial institution extra time beyond any midnight deadline limits.

  • Protection of Investments 1. All investments made by investors of either Contracting Party shall enjoy, in the territory of the other contracting party fair and equitable treatment. 2. Subject to the measures necessary for the maintenance of public order, such investments will enjoy a constant protection and security, excluding any unjustified or discriminatory measure which could adversely affect, in law or in fact, management, maintenance, use, enjoyment or disposal of such investments.

  • Promotion and Protection of Investment (1) Each Contracting Party shall encourage and create favourable conditions for investors of the other Contracting Party to make investments in its territory, and admit such investments in accordance with its laws and policy. (2) Investments and returns of investors of each Contracting Party shall at all times be accorded fair and equitable treatment in the territory of the other Contracting Party.

  • Location of Inventory Except as set forth in Schedule 4.25, the Inventory of Borrowers and their Subsidiaries is not stored with a bailee, warehouseman, or similar party and is located only at, or in-transit between, the locations identified on Schedule 4.25 to this Agreement (as such Schedule may be updated pursuant to Section 5.14).

  • Promotion and Protection of Investments 1. Each Contracting Party shall in accordance with its laws and regulations promote, create favorable conditions for investments by investors of the other Contracting Party and admit such investments. 2. Each Contracting Parly shall at all times accord in its territory to investments of investors of the other Contracting Party fair and equitable treatment and full and constant protection and security. 3. Each Contracting Party shall not impair by unreasonable, arbitrary or discriminatory measures the management, maintenance, use, enjoyment, acquisition or disposal of investments in its territory of investors of the other Contracting Xxxxx.

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