Common use of CURRENCY AND MEANS OF PAYMENT Clause in Contracts

CURRENCY AND MEANS OF PAYMENT. The currency of all contracts resulting from this Purchase Agreement is [insert Contract currency]. Payment shall be exclusively done by cheque or bank transfer. Bank Transfer may be effected by either the DRC Country or DRC Copenhagen (for large sums of money). Under no circumstances will cash payments be made All prices listed in Annex A – Item and Price Schedule, are inclusive of all taxes, customs clearance and delivery costs, depending on the INCOTERM used. EXECUTION OF THE CONTRACT: Transmission of the Order: When required, the PURCHASER shall place orders on the SUPPPLIER, based on the list of items and prices listed in Annex A, Item and Price Schedule, to this Purchase Agreement, through an authorised DRC Purchase Order. The Purchase Agreement number shall be annotated on all the Purchase Orders.

CURRENCY AND MEANS OF PAYMENT. The currency of all contracts resulting from this Purchase Agreement is [insert Contract currencyIQD]. Payment shall be exclusively done by cheque or bank transfer. Bank Transfer may be effected affected by either the DRC Country or DRC Copenhagen (for large sums of money). Under no circumstances will cash payments be made All prices listed in Annex A – Item and Price Schedule, are inclusive of all taxes, customs clearance clearance, and delivery costs, depending on the INCOTERM used. EXECUTION OF THE CONTRACT: Transmission of the Order: When required, the PURCHASER shall place orders on the SUPPPLIER, based on the list of items and prices listed in Annex A, Item and Price Schedule, to this Purchase Agreement, through an authorised authorized DRC Purchase Order. The Purchase Agreement number shall be annotated on all the Purchase Orders.