CREDIT/PAYMENT TERMS. Credit terms are subject to the approval of Owner’s credit department and such terms are incorporated by reference herein. If credit terms are not approved, sale will be cash on delivery. Rentals shall be payable in advance for each rental period, and, after the expiration of the minimum guaranteed rental period, rents shall be payable per the Contract until the Equipment is returned by Customer. Standard terms of payment are net 30 days from date of invoice. A late fee of 1½ percent per month shall be charged on all balances over 30 days. Customer agrees to pay all costs, including reasonable attorneys’ fees, incurred as a result of Customer’s breach of this Contract including the failure to pay any amounts due hereunder.
CREDIT/PAYMENT TERMS. Customer shall pay A&J Vineyard Supply for all Goods in an amount equal to the price as stated on the Accepted Order, plus packaging, shipping, and applicable taxes, as noted. Provided that A&J Vineyard Supply has approved Customer for sales on credit, A&J Vineyard Supply shall invoice Customer with every delivery and Customer shall make full payment thereof no later than fifteen (15) days from the date such invoice is received. In the event payment is not received within such fifteen (15) day period, Customer shall pay a late charge equal to 1.5% per month. In the event Customer is not approved for credit sales, payment shall be due upon acceptance of the order, in advance of delivery of the Goods. Credit accounts which have not been utilized for 12 consecutive months or longer will automatically be closed and converted to cash or credit card only. To reactive a credit account once closed, Customer must resubmit a new, completed credit application and supporting documents for consideration.
CREDIT/PAYMENT TERMS. For governmental agencies, terms are Net 30 days from invoice ship date. Credit privileges are evaluated on a case by case basis for all other customers. Past due accounts will be subject to a finance charge of 1.75% per month (prorated at 21% per annum or legal limit) which will be added to the unpaid balance of invoice not paid within 30 days. We accept Visa and MasterCard. Please inquire about leasing options.
CREDIT/PAYMENT TERMS. If you have been approved for credit by Safestay, the Charges must be paid within 28 days from the date of the invoice issued by Safestay.
CREDIT/PAYMENT TERMS. X. Xxxx shall provide Buyer a line of credit to facilitate purchases under this Agreement; provided that in no event shall Buyer's Total Credit Exposure exceed *** [Redacted Text]. Such credit line may be decreased or terminated at any time at the sole discretion of Xxxx. Upon written notice of Xxxx'x election to decrease or terminate Buyer's credit line, Buyer may terminate this Agreement. Buyer's failure to give written notice to Xxxx of the termination of this Agreement within thirty (30) days from the date of such notice shall constitute an unqualified acceptance of such reduction or termination and a waiver by Buyer of the right to terminate this Agreement. In addition to Xxxx'x rights to decrease or terminate Buyer's credit line as set forth in this Article VII, Section A above, and in addition to any other rights or remedies to which Xxxx may be entitled at law or in equity, in the event that Xxxx determines, in its sole discretion, that (a) the creditworthiness or future performance of Buyer is impaired or unsatisfactory or (b) Buyer's Total Credit Exposure may exceed the established credit line, Xxxx may (i) immediately suspend deliveries of all Product; or (ii) require prepayment by wire transfer at least two (2) business days prior to a scheduled shipment of Product.
CREDIT/PAYMENT TERMS. Unless other terms of payment are specified in any Puritan Magnetics, Inc. Document: (a) for orders over $20,000, Buyer shall pay Puritan Magnetics, Inc. 30% of the total purchase price when submitting a purchase order to Puritan Magnetics, Inc., and 40% of the purchase price prior to shipping with the balance due net 30 days with approved credit after shipment from Puritan Magnetics, Inc.’s facility; and (b) for all other orders, payment shall be made in full within 30 days from the date of the shipment from Puritan Magnetics, Inc.’s facility. Buyer shall make all payments in full without any deduction for any claim or setoff or recoupment. The payment terms stated in any Puritan Magnetics, Inc. Document are conditioned upon approval of Buyer’s credit and may we withdrawn or amended at any time by Puritan Magnetics, Inc. at its discretion if (a) Buyer does not maintain a satisfactory credit rating or (b) if Buyer does not maintain its account with Puritan Magnetics, Inc. in good standing. Puritan Magnetics, Inc. reserves the right to change these credit terms, refuse shipment or cancel unfilled orders at any time when the financial condition of Buyer fails to meet the requirements of a satisfactory credit rating or when the previous payment record of Buyer to Puritan Magnetics, Inc. reasonably warrants such action. If delivery dates are delayed by Buyer for reasons within its reasonable control, payments are nevertheless due when Puritan Magnetics, Inc. is prepared to make delivery according to the delivery schedule. Payment is not contingent upon installation, use or operation of any Product(s). No cash discounts for early payment will be granted. Buyer shall be delinquent if payment is not remitted according to the applicable terms. Interest shall accrue on delinquent invoices at the rate of 1.5% per month, subject to federal, state and local laws, on the amount of the unpaid balance from the original due date of the invoice. In the event Puritan Magnetics, Inc. refers delinquencies to an attorney or an agent for collection, Buyer shall pay all costs of collection, including reasonable attorney’s fees. Should Buyer become delinquent in the payment of any sum, all contractual obligations of Puritan Magnetics, Inc. to Buyer shall terminate. Notwithstanding the foregoing, if Buyer wishes to dispute an amount which has been invoiced by Puritan Magnetics, Inc., it will nonetheless make payment on the due date to Puritan Magnetics, Inc.’s lawyers who shall ho...
