Other invoices. (a) The Distributor may issue the Trader with: (i) a Tax Invoice for payment for any other sums due to the Distributor under this Agreement; and (ii) a Credit Note for payment of Service Guarantee Payments and any other sums due to the Trader under this Agreement. (b) The Trader may issue the Distributor with a Tax Invoice for Service Guarantee Payments and any other sums due to the Trader under this Agreement. (c) Any Tax Invoice or Credit Note issued under clause 9.5(a) or (b) must be issued within 10 Working Days of the end of the month to which the Tax Invoice or Credit Note relates. The settlement date for any Tax Invoice issued under clause 9.5(a) or (b) is the 20th day of the month in which the Tax Invoice is received or, if the 20th day of the month is not a Working Day, the first Working Day after the 20th day. If the Distributor or the Trader (as the case may be) fails to send a Tax Invoice to the Trader or the Distributor (as the case may be) within 10 Working Days after the last day of the month to which the Tax Invoice relates, the due date for payment is extended by 1 Working Day for each Working Day that the Tax Invoice is late.
Appears in 2 contracts
Samples: Distributor Agreements, Default Agreement β Provision and Use of Consumption Data
Other invoices. (a) The Distributor may issue the Trader with:
(i) a Tax Invoice for payment for any other sums due to the Distributor under this Agreement; and
(ii) a Credit Note for payment of Service Guarantee Payments and for any other sums due to the Trader under this Agreement.
(b) The Trader may issue the Distributor with a Tax Invoice for Service Guarantee Payments and any other sums due to the Trader under this Agreement.
(c) Any Tax Invoice or Credit Note issued under clause 9.5(a) or (b) must be issued within 10 Working Days of the end of the month to which the Tax Invoice or Credit Note relates. .
(d) The settlement date for any Tax Invoice issued under clause 9.5(a) or (b) is the 20th day of the month in which the Tax Invoice is received or, if the 20th day of the month is not a Working Day, the first Working Day after the 20th day. If the Distributor or the Trader (as the case may be) fails to send a Tax Invoice to the Trader or the Distributor (as the case may be) within 10 Working Days after the last day of the month to which the Tax Invoice relates, the due date for payment is extended by 1 Working Day for each Working Day that the Tax Invoice is late.
Appears in 2 contracts
Samples: Distributor Agreement, Distributor Agreement
