Payment by Shipper Clause Samples
The 'Payment by Shipper' clause establishes the shipper's obligation to pay for the transportation services provided under the contract. Typically, this clause outlines the timing, method, and conditions of payment, such as requiring payment within a specified number of days after receiving an invoice or upon delivery of goods. By clearly defining when and how payments must be made, this clause ensures that the carrier receives compensation in a timely manner and helps prevent disputes over payment terms.
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Payment by Shipper. LMM shall provide Shipper with the necessary information and authorization to allow electronic payment to LMM’s designated account. On or before the ***, Shipper shall remit payment electronically for all amounts due LMM as set forth on the statement described in Section 4.2. If *** is a Saturday, Sunday or legal holiday, then payment shall be *** on a Day which is not a Saturday, Sunday or legal holiday.
Payment by Shipper. (a) The Shipper must pay each invoice by electronic funds transfer to a bank account nominated by the Service Providers in the Instrument of Agreement relating to the Service or as otherwise notified to the Shipper from time to time, such payment to be made on or before the 20th Day of the following Month in respect to which the invoice is issued, or 15 Days after the Shipper receives the invoice, whichever is later.
(b) The Shipper must pay the whole amount as stated on the invoice, without any set- off, deduction or withholding.
(c) A payment is made when the Service Providers receive it, not when the Shipper sends it.
(d) Unless otherwise agreed between the parties, all payments will be in Australian Dollars.
(e) If a cheque or similar instrument the Shipper uses to pay is dishonoured, the payment will be taken to have never been made.
(f) A payment due on a day that is not a Business Day is to be made on the Business Day immediately preceding the due date.
(g) Subject to clause 22.4(a)(ii), a payment made pursuant to this clause 22 will not be a waiver of any right to dispute that payment.
Payment by Shipper. (a) The Shipper must pay each invoice by electronic funds transfer to a bank account nominated by the Service Providers in the Annexure relating to the Service or as otherwise notified to the Shipper from time to time, such payment to be made on or before the 20th Day of the following Month in respect to which the invoice is issued, or 15 Days after the Shipper receives the invoice, whichever is later.
(b) The Shipper must pay the whole amount as stated on the invoice, without any set- off, deduction or withholding.
(c) A payment is made when the Service Providers receive it, not when the Shipper sends it.
Payment by Shipper. (a) The Shipper must pay each invoice by electronic funds transfer to a bank account nominated by the Service Provider in the Annexure relating to the Service or as otherwise notified to the Shipper from time to time, such payment to be made on or before the 20th Day of the following Month in respect to which the invoice is issued, or 15 Days after the Shipper receives the invoice, whichever is later.
(b) Subject to clause 20.4(a)(i), the Shipper must pay the whole amount as stated on the invoice, without any set-off, deduction or withholding.
(c) A payment is made when the Service Provider receives it, not when the Shipper sends it.
(d) Unless otherwise agreed between the parties, all payments will be in Australian Dollars.
(e) If a cheque or similar instrument the Shipper uses to pay is dishonoured, the payment will be taken to have never been made.
(f) A payment due on a day that is not a Business Day is to be made on the next Business Day immediately after the due date.
(g) A payment made pursuant to this clause 20 will not be a waiver of any right to dispute that payment.
Payment by Shipper. (a) The Shipper must pay each invoice by electronic funds transfer to a bank account nominated by the Service Provider in the Annexure relating to the Service or as otherwise notified to the Shipper from time to time, such payment to be made on or before the 20th Day of the following Month in respect to which the invoice is issued, or 7 Business Days after the Shipper receives the invoice, whichever is later (Payment Due Date). Notwithstanding the foregoing, the Service Provider shall not exercise its right under clause 18.3(g) to draw down or call upon the Adequate Assurance for non- compliance with this clause 20.3(a) unless payment remains outstanding for 4 Business Days after the Payment Due Date.
(b) Subject to clause 20.4(a)(i), the Shipper must pay the whole amount as stated on the invoice, without any set-off, deduction or withholding.
(c) A payment is made when the Service Provider receives it, not when the Shipper sends it.
(d) Unless otherwise agreed between the parties, all payments will be in Australian Dollars.
(e) If a cheque or similar instrument the Shipper uses to pay is dishonoured, the payment will be taken to have never been made.
(f) A Payment Due Date that is not a Business Day is to be made on the next Business Day immediately after the Payment Due Date.
(g) A payment made pursuant to this clause 20 will not be a waiver of any right to dispute that payment.