Common use of Due date for payment Clause in Contracts

Due date for payment. (a) Except as otherwise provided in Clause 12.2.1(b), the amount shown as due to be paid by a Party in an invoice issued in accordance with this Agreement shall become due and payable on the fifteenth (15th) Business Day after the date on which the relevant Party received such invoice. (b) The amount shown as due to be paid by a Party in an invoice issued for amounts due under Paragraph 2.1 of Part A of Schedule 2 shall become due and payable on the tenth (10th) Business Day after the date on which the relevant Party received such invoice.

Due date for payment. (a) Except as otherwise provided in Clause 12.2.1(b), the amount shown as due to be paid by a Party in an invoice issued in accordance with this Agreement shall become due and payable on the fifteenth twelfth (15th12th) Business Day after the date on which the relevant Party received such invoice. (b) The amount shown as due to be paid by a Party in an invoice issued for amounts due under Paragraph 2.1 of Part A of Schedule 2 shall become due and payable on the tenth (10th) Business Day after the date on which the relevant Party received such invoice.

Due date for payment. (a) Except as otherwise provided in Clause 12.2.1(b), the amount shown as due to be paid by a Party in an invoice issued in accordance with this Agreement shall become due and payable on the fifteenth (15th) Business Day after the date on which the relevant Party received such invoice. (b) The amount shown as due to be paid by a Party in an invoice issued for amounts due under Paragraph 2.1 of Part A of Schedule 2 shall become due and payable on the tenth (10th) Business Day after the date on which the relevant Party received such invoice.