PAYMENT BY THE SHIPPER Sample Clauses

PAYMENT BY THE SHIPPER. Payment of an invoice for any Month must be made at the latest on the twentieth (20th) of the month following the Month in question, or on the tenth (10th) calendar day after its date of issue, if this second date for payment falls later. If the latest date as specified above is a bank holiday in France or in the country where the Shipper’s bank is established, the latest date for payment is moved to the next banking day. No discount is granted for an early payment. A payment is deemed to have been made once GRTgaz’s bank account has been credited with the full amount of the invoice. In the event of late payment of all or part of an invoice, the sums due shall bear interest at a rate equal to the twelve (12) month EURIBOR index calculated on a monthly average and expressed in percentage, as published by the Banque de France, plus two (2) percentage points, as applied to the exact number of days elapsed from the date payment was due and the date settlement of the invoice was actually effected, plus forty (40) Euros for covering fees in accordance with the clause D.441-5 of the French “code de commerce”. The Shipper has a period of sixty (60) calendar days from the date of receipt of the invoice to question the amount invoiced, beyond which the invoice shall be deemed accepted. Notwithstanding any issue raised by the Shipper pursuant to the preceding paragraph, the Shipper shall pay the full amount invoiced as provided above, unless an obvious material error has been made by GRTgaz. Any adjustment to a disputed invoice shall bear interest on the basis of a rate equal to the interbank one
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PAYMENT BY THE SHIPPER. Payment of an invoice for any Month must be made at the latest on the twentieth (20th) of the month following the Month in question, or on the tenth (10th) calendar day after its date of issue, if this second latest date for payment falls later. If the latest date as specified above is a bank holiday in France or in the country where the Shipper’s bank is established, the latest date for payment is moved to the next banking day. No discount is given for early payment. A payment is deemed to have been made once GRTgaz’s bank account has been credited with the full amount of the invoiced amount. In the event of late payment of all or part of an invoice, the sums due shall bear interest at a rate equal to three times the legal rate, counted by the exact number of days elapsed from the date payment was due and the date settlement of the invoice was actually effected, plus thirty (30) Euros for administrative fees. The Shipper has a period of sixty (60) calendar days from the date of receipt of the invoice to question the amount invoiced. Beyond that period, the invoice shall be deemed accepted. Notwithstanding any issue raised by the Shipper pursuant to the precedent paragraph, the Shipper shall pay the full amount invoiced , unless an obvious material error has been made by GRTgaz. Any adjustment to a disputed invoice shall bear interest on the basis of a rate equal to the interbank one month rate within the Euro zone (1 month Euribor) for the last month in the quarter preceding the month the invoice was issued, calculated according to the exact number of days elapsed between the date at the latest of the initial payment as defined in this Clause 10 and the date of final payment.
Sample 1
PAYMENT BY THE SHIPPER. Payment of an invoice for any Month must be made at the latest on the twentieth (20th) of the month following the Month in question, or on the tenth (10th) calendar day after its date of issue, if this second date for payment falls later. If the latest date as specified above is a bank holiday in France or in the country where the Shipper’s bank is established, the latest date for payment is moved to the next banking day. No discount is granted for an early payment. A payment is deemed to have been made once GRTgaz’s bank account has been credited with the full amount of the invoice. In the event of late payment of all or part of an invoice, the sums due shall bear interest at a rate equal to three
Sample 1

Related to PAYMENT BY THE SHIPPER

  • CHANGE OF ASSIGNMENT BY THE STUDENT The Student may change residence assignment, (including, but not limited to, room transfers), only after receiving written or electronically reproducible approval from an authorized staff member of UCF DHRL, and only in conformity with established procedures for changing residence assignments.

  • Release by the Contractor The acceptance by the Contractor of final payment shall release NYSERDA from all claims and liability that the Contractor, its representatives and assigns might otherwise have relating to this Agreement.

  • Termination by the State The State or commissioner of Administration may cancel this Professional and Technical Services Master Contract and any Work Authorizations at any time, with or without cause, upon 30 days’ written notice to the Contractor. Upon termination, the Contractor will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed.

  • PROCEDURE TO CANCEL AGREEMENT BY THE STUDENT ALL requests for cancellation of the housing agreement must be IN WRITING OR REPRODUCIBLE ELECTRONIC FORMAT and submitted to UCF DHRL at the address for official communications shown in this agreement.

  • Termination by the School The School may terminate this agreement:

  • TERMINATION BY THE CONTRACTOR If the Work is stopped for a period of thirty days under an order of any court or other public authority having jurisdiction, or as a result of an act of government, such as a declaration of a national emergency making materials unavailable, through no act or fault of the Contractor or a Subcontractor or their agents or employees or any other persons performing any of the Work under a contract with the Contractor, or if the Work should be stopped for a period of thirty days by the Contractor because the Architect has not issued a Certificate for Payment as provided in Paragraph 9.7 of these General Conditions or because the State has not made payment thereon as provided in Paragraph 9.7, then the Contractor may, upon seven additional days written notice to the State and the Architect, terminate the Contract and recover from the State payment for all Work executed and for any proven loss sustained upon any materials, equipment, tools, construction equipment and machinery, including reasonable profit and damages.

  • Termination by the Service Provider 19.1 The Service Provider may by notice determine the employment of the Service Provider under this Agreement if the Service user is in default in respect of any one or more of the following:

  • Action by the Superintendent The Superintendent shall determine which of the alternative courses of action is proper and shall take appropriate action to implement such determination.

  • Acceptance by the City It is expressly understood and agreed that all materials provided and/or work done by the Contractor shall be subject to inspection and acceptance by the City at its discretion, and that any progress inspections and approval by the City of any item or work shall not forfeit the right of the City to require the correction of faulty workmanship or material at any time during the course of the work, although previously approved by oversight. Nothing herein contained shall relieve the Contractor of the responsibility for proper construction and maintenance of the work, materials and equipment required under the terms of this Contract until all work has been completed and accepted by the City.

  • Termination by the Company This Agreement may be terminated by the Company at any time prior to the Effective Time:

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