Invoice Value Clause Samples
The Invoice Value clause defines how the value of goods or services is determined for invoicing purposes in a contract. Typically, it specifies whether the invoice amount is based on the agreed contract price, market value, or another calculation method, and may address inclusions such as taxes, shipping, or discounts. This clause ensures both parties have a clear understanding of the amount to be paid, reducing disputes over payment calculations and promoting transparency in financial transactions.
Invoice Value. Invoice Value means the original amount paid by the Customer towards the purchase of the Covered Asset from a retailer or wholesaler, which is evidenced by an Invoice and is inclusive of any applicable discounts and taxes.
Invoice Value. In no event shall our liability under this Policy for any Claim for a Covered Asset exceed the Invoice Value of such Covered Asset.
Invoice Value a. The annual licence fee will be a.1 based on the current price list value (at the time of invoicing the annual licence fee)