Invoicing and Payment Term. In case Mastercard contributes in cash, Merchant will raise an invoice to Mastercard as notification for the sums payable and no sum shall be considered to be due before Mastercard receives such invoice issued in accordance with this Clause 7. All invoices submitted to Mastercard for payment must (a) sufficiently detail the services or goods delivered under the Agreement as agreed by the Parties, (b) be accompanied by all necessary evidence to support the invoicing, (c) must reflect the true nature and purpose of the services as agreed between the Parties under this Agreement. If in Mastercard’s judgment, an invoice or evidence received does not provide sufficient detail to demonstrate services/good received under the Agreement, Mastercard reserves the right to request additional documentation to demonstrate the above, and will not to pay for invoices unless and until such additional documentation is received to Mastercard’s satisfaction. Any delay in payment of the invoices in such a case will not give the Merchant the right to claim any late penalties or fees associated with the delay. Mastercard will pay the invoice within forty-five (45) days calculated as from the date on which Mastercard received the invoice. In order for Mastercard to process the invoices/credit notes in a correct and timely manner, Merchant will indicate the following elements on the invoice/credit note: • Merchant’s name and registered address • Merchant’s VAT number (if appropriate) • Invoice/credit note date and number • Agreement reference number: (see footer of the first page of the Agreement) • PO Number (if applicable – to be communicated by Mastercard) • Mastercard’s name and address (Mastercard Europe SA, Accounts Payable, Xxxxxxxx xx Xxxxxxxx, 000X, 0000 Xxxxxxxx, Xxxxxxx) • Mastercard’s VAT number (BE 0448 038 446) • Mastercard’s bank account details: • Merchant’s details for the payment (complete IBAN code, complete SWIFT message & bank name of the account beneficiary); • In case of a credit note, the invoice(s) to which it relates
Invoicing and Payment Term. XXXXX will present and submit to the address of the CLIENT indicated in this Agreement and/or to the e-mail, an invoice payable in to the time defined in document PO.01-F02 Certification Offer all test, trials and/or activities described in the quotation/offer presented by XXXXX are completed, for the price indicated plus IVA. The CLIENT will have to pay the price indicated in the invoice in the term of the time defined in document PO.01-F02 Certification Offer after it is received, through bank transfer to the following account of XXXXX: 2 Numeral 4.1.2.2 sección f) ISO/IEC 17065:2012 National Payments: Option 1 Account Holder: Xxxxx Colombia S.A.S. Bank: Bancolombia Savings Account Nº: 25069684591 Business Agreement Nº: 84818 Option 2 Account Holder: Xxxxx Colombia S.A.S. Bank: Banco De Bogotá Current Account No.: 046217436 Payments from abroad: Account Holder: Xxxxx Colombia S.A.S. Bank: BANCOLOMBIA Savings Account No.: 25069684591 SWIFT Code: XXXXXXXX (in case of requesting 11 digits add "X" for example XXXXXXXXXXX) Bank Address: Not Applicable Bank Code: Not Applicable
Invoicing and Payment Term. In case Mastercard contributes in cash, Merchant will raise an invoice to Mastercard as notification for the sums payable and no sum shall be considered to be due before Mastercard receives such invoice issued in accordance with this Clause 7. All invoices submitted to Mastercard for payment must (a) sufficiently detail the services or goods delivered under the Agreement as agreed by the Parties, (b) be accompanied by all necessary evidence to support the invoicing, (c) must reflect the true nature and purpose of the services as agreed between the Parties under this Agreement. If in Mastercard’s judgment, an invoice or evidence received does not provide sufficient detail to demonstrate services/good received under the Agreement, Mastercard reserves the right to request additional documentation to demonstrate the above, and will not to pay for invoices unless and until such additional documentation is received to Mastercard’s satisfaction. Any delay in payment of the invoices in such a case will not give the Merchant the right to claim any late penalties or fees associated with the delay. Mastercard will pay the invoice within forty-five (45) days calculated as from the date on which Mastercard received the invoice. In order for Mastercard to process the invoices/credit notes in a correct and timely manner, Merchant will indicate the following elements on the invoice/credit note: 7. Fakturace a platební podmínky. V případě, že Mastercard přispívá v hotovosti, vystaví obchodník fakturu společnosti Mastercard jako oznámení o splatných částkách. Žádná částka nebude považována za splatnou, dokud Mastercard neobdrží fakturu v souladu s tímto ustanovením. Všechny faktury předložené společnosti Mastercard k platbě musí (a) dostatečně podrobně specifikovat služby nebo zboží dodané podle této smlouvy tak, jak bylo stranami sjednáno, (b) obsahovat všechny nezbytné podklady pro fakturaci, a (c) odrážet skutečnou povahu a účel služeb v souladu s ujednáním stran podle této smlouvy. Pokud Mastercard usoudí, že obdržená faktura nebo podklady neposkytují dostatečné podrobnosti prokazující služby/zboží obdržené podle této smlouvy, vyhrazuje si Mastercard právo vyžadovat další dokumentaci za účelem prokázání výše uvedeného, a faktury neproplatí, dokud tato dodatečná dokumentace nebude obdržena ke spokojenosti Mastercard. Zpoždění platby faktur v takovém případě nezakládá obchodníkovi právo vyžadovat úroky z prodlení nebo poplatky spojené se zpožděním plateb. Mastercard propl...
Invoicing and Payment Term. This shall be as per terms agreed in the Agreement. EXECUTION VERSION NIELSEN & TCS CONFIDENTIAL INFORMATION
Invoicing and Payment Term. At the completion of their individual service work events on Customer’s Units during any given month, the Thermo King dealers providing non-warranty service to the Customer will send their respective invoices for such services to TKTK, complete with job codes and part numbers following the TKTK European standard labour times, parts prices and labour rates. (The labour standards are created by Thermo King to identify the typical length of time to complete certain service tasks). Typical services are outlined in Exhibit “C” attached hereto. At the end of each month, TKTK will consolidate all such invoices from the Thermo King dealers into one invoice for the Customer and will send this invoice to the Customer for review, together with a summary report of the charges by the Thermo King dealers. The Customer will notify TKTK within five (5) business days of receipt of the invoice and summary report of any objection to the charges for services rendered by any of the dealers. TKTK will resolve any objection to any of the charges directly with the relevant dealer. The Customer will send payment of the consolidated invoice to TKTK for the accounts of the individual Thermo King dealers who rendered service for the Customer upon receipt of the invoice. The payment terms are 30 days from date the invoice was issued. Customer shall have no obligation to make any payment directly to any Thermo King dealer with respect to services rendered under this Agreement. Customer agrees to pay TKTK for all invoices submitted under this Agreement. Subsequent to payment, disputed invoices may be brought to the attention of TKTK for reconsideration and credit against future invoices. In the event of late payment, TKTK will charge the Customer interest on the due amount at a rate of 3% above the European Central Bank rate from the date payment was due until payment.
Invoicing and Payment Term
