Common use of Payment and Payment Terms Clause in Contracts

Payment and Payment Terms. A. Chemonics will pay the total Order price as a lump sum, or in installments for agreed upon shipments, after the Supplier’s delivery of the corresponding Goods and/or Related Services and Chemonics’ designated agent’s acceptance thereof, or as otherwise provided in the Order, according to the delivery schedule agreed by the Parties. Chemonics will pay the Supplier’s invoice within forty-five (45) net days of receipt of a complete invoice and receipt of the corresponding evidence of delivery per the INCOTERM. The Supplier’s submission must be in compliance with the Section labeled “Invoice Requirements” below.

Appears in 3 contracts

Samples: Basic Ordering Agreement, Basic Ordering Agreement, Basic Ordering Agreement

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Payment and Payment Terms. A. Chemonics will pay the total Order price as a lump sum, or in installments for agreed upon shipments, after the Supplier’s delivery of the corresponding Goods and/or Related Services and Chemonics’ designated agent’s acceptance thereof, or as otherwise provided in the Order, according to the delivery schedule agreed by the Parties. Chemonics will pay the Supplier’s invoice within forty-five thirty (4530) net days of receipt of a complete invoice and receipt of the corresponding evidence of delivery per the INCOTERM. The Supplier’s submission must be in compliance with the Section labeled “Invoice Requirements” below.

Appears in 2 contracts

Samples: Basic Ordering Agreement, Basic Ordering Agreement

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