Common use of Payment and Terms and Conditions Clause in Contracts

Payment and Terms and Conditions. Prices quoted by Manufacturer shall be paid in U.S. Dollars and are Ex Works (Incoterms 2000) Manufacturer’s production facility in the United States. Distributor shall ensure that Products shipped are stored and handled in accordance with the specifications Manufacturer shall from time to time provide. Additional payment terms and conditions are set forth in Schedule 2 and may be modified by Manufacturer with a ninety (90) day prior notice. Manufacturer reserves the right at any time to undertake legal proceedings to recover overdue payments due from Distributor.

Appears in 14 contracts

Samples: Distribution Agreement (Kips Bay Medical, Inc.), Distribution Agreement (Kips Bay Medical, Inc.), Distribution Agreement (Kips Bay Medical, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!