Common use of DELIVERY PAYMENT TERMS Clause in Contracts

DELIVERY PAYMENT TERMS. Payment will be made in accordance with the Invoice and Payment artic le of this Contract. Notwithstanding the foregoing, in the event Seller’s average monthly delivery rating under this purc hase contract drops below 96% On-Time, as measured over the three most recent months in Buyer’s BEST System, Buyer and Seller will first work together to resolve the de livery performance issues, which efforts will include the timely, progressive escalation of the de livery performance issues through the management of both Parties, as necessary. If after a reasonable time the Parties are unable to come to a mutually agreeable resolution that results in the improvement of Seller’s average monthly delivery ratings, as measured in accordance with the fore going, the Parties agree that Buyer shall then have the right to adjust the delivery payme nt terms of this Contract. Such adjustment to the delivery payment terms will be calculated by adding Seller's average days late, as recorded over the three most recent months in Buyer's BEST System, rounded up to a multiple of 30 days, to the standard net 30 da ys delivery payme nt term. Xxxxxx agrees the pa yment due date for Seller invoices may remain extended by Buyer by the average number of days late until Seller's average days late, as measured in accordance with the foregoing, is improved to no less than 96%.

DELIVERY PAYMENT TERMS. Payment will be made in accordance with the Invoice and Payment artic le of this Contract. Notwithstanding the foregoing, in the event Seller’s average monthly delivery rating under this purc hase contract drops below 96% On-Time, as measured over the three most recent months in Buyer’s BEST System, Buyer and Seller will first work together to resolve the de livery performance issues, which efforts will include the timely, progressive escalation of the de livery performance issues through the management of both Parties, as necessary. If after a reasonable time the Parties are unable to come to a mutually agreeable resolution that results in the improvement of Seller’s average monthly delivery ratings, as measured in accordance with the fore going, the Parties agree that Buyer shall then have the right to adjust the delivery payme nt terms of this Contract. Such adjustment to the delivery payment terms will be calculated by adding Seller's average days late, as recorded over the three most recent months in Buyer's BEST System, rounded up to a multiple of 30 days, to the standard net 30 da ys delivery payme nt payment term. Xxxxxx Seller agrees the pa yment payment due date for Seller invoices may remain extended by Buyer by the average number of days late until Seller's average days late, as measured in accordance with the foregoing, is improved to no less than 96%.

DELIVERY PAYMENT TERMS. Payment will be made in accordance with the Invoice and Payment artic le of this Contract. Notwithstanding the foregoing, in the event Seller’s average monthly delivery rating under this purc hase purchase contract drops below 96% On-Time, as measured over the three most recent months in Buyer’s BEST System, Buyer and Seller will first work together to resolve the de livery delivery performance issues, which efforts will include the timely, progressive escalation of the de livery delivery performance issues through the management ma nagement of both Parties, as necessary. If after a reasonable time the Parties are unable to come to a mutually agreeable resolution that results in the improvement of Seller’s average monthly delivery ratings, as measured in accordance with the fore goingforegoing, the Parties agree that Buyer shall then have the right to adjust the delivery payme nt payment terms of this Contract. Such adjustment to the delivery payment terms will be calculated by adding Seller's average days late, as recorded over the three most recent months in Buyer's BEST SystemSyste m, rounded up to a multiple of 30 daysda ys, to the standard net 30 da ys days delivery payme nt term. Xxxxxx Seller agrees the pa yment payment due date for Seller invoices may remain extended by Buyer by the average number of days late until Seller's average days late, as measured in accordance with the foregoing, is improved to no less than 96%.

DELIVERY PAYMENT TERMS. Payment will be made in accordance with the Invoice and Payment artic le of this Contract. Notwithstanding the foregoing, in the event Seller’s average monthly delivery rating under this purc hase purchase contract drops below 96% On-Time, as measured over the three most recent months in Buyer’s BEST System, Buyer and Seller will first work together to resolve the de livery delivery performance issues, which efforts will include the timely, progressive escalation of the de livery delivery performance issues through the management ma nagement of both Parties, as necessary. If after a reasonable time the Parties are unable to come to a mutually agreeable resolution that results in the improvement of Seller’s average monthly delivery ratings, as measured in accordance with the fore goingforegoing, the Parties agree that Buyer shall then have the right to adjust the delivery payme nt payment terms of this Contract. Such adjustment to the delivery payment terms will be calculated by adding a dding Seller's average days late, as recorded over the three most recent months in Buyer's BEST SystemSyste m, rounded up to a multiple of 30 daysda ys, to the standard net 30 da ys days delivery payme nt term. Xxxxxx Seller agrees the pa yment payment due date for Seller invoices may remain extended by Buyer by the average number of days late until Seller's average days late, as measured in accordance with the foregoing, is improved to no less than 96%.