Common use of Payment and Invoicing Clause in Contracts

Payment and Invoicing. Payment is due at the time the order is placed Unless Customer is approved for credit. Payment shall be in the currency listed on the NI invoice. For all sums not paid when due, NI reserves the right to impose interest daily at a monthly rate of the lesser of one point five percent (1.5%) or the highest rate permissible by law. If there are multiple units in an order, each unit will be invoiced when shipped. For nonstandard invoice processes requested by Customer, NI reserves the right to impose a five percent (5%) processing fee and any amounts NI is required to pay to government authorities on behalf of the Customer (if required).

Appears in 4 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale, Terms and Conditions of Sale

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Payment and Invoicing. Payment is due at the time the order is placed Unless unless Customer is approved for credit. Payment shall be in the currency listed on the NI invoice. For all sums not paid when due, NI reserves shall have the right to impose interest daily at a monthly rate of the lesser of one point five percent (1.5%) or the highest rate permissible by law. If there are multiple units in an order, each unit will be invoiced when shipped. For nonstandard invoice processes requested by Customer, NI reserves the right to impose a five percent (5%) processing fee and any amounts NI is required to pay to government authorities on behalf of the Customer (if required).

Appears in 3 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale, Terms and Conditions of Sale

Payment and Invoicing. Payment is due at the time the order is placed Unless unless Customer is approved for credit. Payment shall be in the currency listed on the NI invoice. For all sums not paid when due, NI reserves the right to impose interest daily at a monthly rate of the lesser of one point five percent (1.5%) or the highest rate permissible by law. If there are multiple units in an order, each unit will be invoiced when shipped. For nonstandard invoice processes process requested by Customer, NI reserves the right to impose a five percent (5%) processing fee and any amounts NI is required to pay to government authorities on behalf of the Customer (if required).

Appears in 3 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale, Terms and Conditions of Sale

Payment and Invoicing. Payment is due at the time the order is placed Unless unless Customer is approved for credit. Payment shall be in the currency listed on the NI invoice. For all sums not paid when due, NI reserves the right to impose interest daily at a monthly rate of the lesser of one point five percent (1.5%) or the highest rate permissible by law. If there are multiple units in an order, each unit will be invoiced when shipped. For nonstandard invoice processes requested by CustomerXxxxxxxx, NI reserves the right to impose a five percent (5%) processing fee and an any amounts NI is required to pay to government authorities on behalf of the Customer (if required)Customer.

Appears in 2 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale

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Payment and Invoicing. Payment is due at the time the order is placed Unless placed, unless Customer is approved for credit. Payment shall be in the currency listed on the NI invoice. For all sums not paid when due, NI reserves the right to impose interest daily at a monthly rate of the lesser of one point five percent (1.5%) or the highest rate permissible by applicable law. If there are multiple units in an order, each unit will be invoiced when shipped. For nonstandard invoice processes requested by Customer, NI reserves the right to impose a five percent (5%) processing fee and any amounts NI is required to pay to government authorities on behalf of the Customer Customers (if required).

Appears in 2 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale

Payment and Invoicing. Payment is due at the time the order is placed Unless unless Customer is approved for credit. Payment shall be in the currency listed on the NI invoice. For all sums not paid when due, NI reserves the right to impose interest daily at a monthly rate of the lesser of one point five percent (1.5%) or the highest rate permissible by law. If there are multiple units in an order, each unit will be invoiced when shipped. For nonstandard invoice processes requested by Customer, NI reserves the right to impose a five percent (5%) processing fee and an any amounts NI is required to pay to government authorities on behalf of the Customer (if required)Customer.

Appears in 1 contract

Samples: Terms and Conditions of Sale

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