Lead times for Payments Clause Samples

Lead times for Payments. 6.1. Payment of monthly invoices 6.1.1. Pro-forma Invoices – in the 1st or the 15th, current + 60 days from the pro-forma invoice was received (the earlier of both) to the bank account as the Consultant shall specify on invoices to Company. 6.1.2. The Consultant shall submit to the Company only one bank account to which the Company shall pay all payments during the Agreement period. 6.1.3. Tax Invoices - 1 day before the due date of the tax payment to such bank account as the Consultant shall specify on invoices to Company, subject to applicable laws, the Company shall give payment instructions with value and date and furnish the Consultant with a copy of such instructions. 6.1.4. Any payment by the Company is subject and shall be made only after the Consultant provided the required documentation according to the above, including if requested – the insurance certificate of the Consultant.