Common use of Invoices and Payment Terms Clause in Contracts

Invoices and Payment Terms. Supplier may invoice Seagate with each delivery, but not more frequently than as designated by Seagate’s local finance department. Payment will be due [*] days from the date Seagate receives the invoice. Seagate’s local finance department may designate specific days of the month as deadlines for submitting invoices. If Supplier submits its invoice after the local invoice deadline, then the invoice will not be deemed received by Seagate until the next invoice deadline.

Appears in 2 contracts

Samples: Product Supply Agreement (eASIC Corp), Product Supply Agreement (eASIC Corp)

AutoNDA by SimpleDocs

Invoices and Payment Terms. Supplier may invoice Seagate with each delivery, but not more frequently than as designated by Seagate’s local finance department. Payment will be due [****] days from the date Seagate receives pulls the invoiceProduct from the SMI Location. Seagate’s local finance department may designate specific days of the month as deadlines for submitting invoices. If Supplier submits its invoice invoices after the local invoice deadline, then the invoice will not be deemed received by Seagate until the next invoice deadline.

Appears in 1 contract

Samples: Product Supply Agreement (Komag Inc /De/)

AutoNDA by SimpleDocs

Invoices and Payment Terms. Supplier may invoice Seagate with each delivery, but not more frequently than as designated by Seagate’s local finance department. Payment will be due [*] days from the date Seagate receives the invoice. Seagate’s local finance department may designate specific days of the month as deadlines for submitting invoices. If Supplier submits its invoice after the local invoice deadline, then the invoice will not be deemed received by Seagate until the next invoice deadline.[*]

Appears in 1 contract

Samples: Product Supply Agreement (eASIC Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!