Payment; Credit. Unless stated otherwise in the Agreement, all payment shall be due within thirty (30) days of the date of each invoice, without discount. Any cash discount provided on the sale of the Products will only apply to the price of the Products and not to any other items, including without limitation, taxes, storage, freight or other similar items. All payments not received on the due date set forth herein, shall be charged an additional one and one-half percent (1 1/2 %) interest rate per month or the maximum amount allowed under applicable law. In addition, any collection costs incurred in collecting past-due invoices, including attorney’s fees, shall be the responsibility of Buyer. If Buyer fails to pay DSB in accordance with the payment terms set forth herein, or if, in the opinion of DSB, Buyer’s financial condition, or Buyer’s ability to perform under this Agreement, is impaired or unsatisfactory, then DSB, at its option and without prejudice to its other rights and remedies, may, without further notice to Buyer: (A) suspend performance, including any pending shipments, until all indebtedness is paid in full; and/or (B) place Buyer’s shipments on a cash-in-advance basis until arrangements are made for security or other assurances, satisfactory to DSB.
Payment; Credit. Each installment of Base Rental Payments payable hereunder shall be paid in lawful money of the United States of America to or upon the order of the Corporation at the Principal Corporate Trust Office of the Trustee, or such other place as the Trustee shall designate. Any such installment of rental accruing hereunder which shall not be paid when due shall remain due and payable until received by the Trustee, except as provided in Section 5.04 hereof, and shall bear interest at the rate of 10% per annum from the date when the same is due hereunder until the same shall be paid. Notwithstanding any dispute between the City and the Corporation, the City shall make all rental payments when due, without deduction or offset of any kind, and shall not withhold any rental payments pending the final resolution of any such dispute. In the event of a determination that the City was not liable for said rental payments or any portion thereof, said payments or excess of payments, as the case may be, shall, at the option of the City, be credited against subsequent rental payments due hereunder or be refunded at the time of such determination. Amounts required to be deposited by the City with the Trustee pursuant to this Section 5.01(d) on any date shall be reduced to the extent of amounts on deposit on such date in the Base Rental Fund, the Interest Fund, the Principal Fund or the Prepayment Fund.
Payment; Credit. 4.1 At each enterprise there shall be written routines for sale on credit, with a list of those persons who are authorised to approve credit sales to guests/customers on behalf of the enterprise.
Payment; Credit. Buyer’s failure to make any payment when due shall entitle Seller to suspend further performance until Xxxxx has made such payment and pre-paid such other amounts as are deemed by Seller to be reasonable. Xxxxx agrees to pay the reasonable attorney’s fees and expenses incurred by Xxxxxx in collecting any payments hereunder.
Payment; Credit. Contractor hereby agrees to pay the stated amounts of Service Level Credits to the Authority and further authorizes the Authority to deduct and offset the amount of such charges from moneys due Contractor under this Contract, computed as aforesaid. If the moneys due Contractor are insufficient or no moneys are due Contractor, Contractor shall pay the Authority the difference or the entire amount, whichever may be the case, within thirty (30) days after receipt of a written demand by the Authority Representative (or COTR). The Authority reserves the right to exercise rights or remedies (at law or in equity) conferred in this Contract (including this Section), subject to offset by amounts paid or credited as Service Level Credits. All rights and remedies in the Authority are cumulative of every other such right or remedy and may be exercised by the Authority concurrently or separately from time-to-time.
Payment; Credit. 10.1 The Buyer shall pay LDCJS for delivered Products in compliance with the currency, form and conditions of payment specified in the Contract, without adjustments, discounts, deductions, set-off, or withholdings of any kind.
Payment; Credit. If the Prior Period Fully Allocated Cost of Services is greater than the Prior Period Payment, Client shall pay ITA the True-Up Adjustment, which ITA will include on Client's January or next invoice. If the Prior Period Fully Allocated Cost of Services is less than the Prior Period Payment, ITA will apply the True-Up Adjustment as a credit on Client’s January or next invoice.
Payment; Credit. Buyer shall pay Seller for Product purchased under this Contract in accordance with the following terms: Net [ ] days from date of invoice. If Buyer fails to pay Seller in accordance with the above terms, then Seller, at its option and without prejudice to its other rights and remedies, may (i) terminate this Contract forthwith and without notice, (ii) suspend deliveries until all indebtedness is paid in full and/or (iii) place Buyer on a cash-on-delivery basis. In the event of default in payment, Buyer shall pay Seller's costs of collection, including, but not limited to, reasonable attorneys' fees. If in the sole opinion of Seller the financial responsibility of Buyer is impaired or unsatisfactory, deliveries may be suspended or Buyer may be placed on cash-on- delivery status until arrangements are made for security satisfactory to Seller or, at Seller's option, until all indebtedness to Seller is paid in full. All payments under this Contract shall be made at the full invoiced amount; no prompt payment or other type of discount shall apply. 11.
Payment; Credit. Buyer shall remit payment to Seller in U.S. currency in accordance with the payment terms designated in each invoice. Payment shall be due within thirty (30) days from the date of the invoice. Seller shall have the right where permitted by law to assess a delinquency charge on each invoice not timely paid. Any credit Seller may elect to extend to Buyer shall be upon Seller's credit terms in effect at the time of Seller's acceptance of order. If, in Seller's judgment, Buyer's credit is impaired or unsatisfactory, or if Buyer fails to make any payment due Seller, Seller may suspend deliveries until such time as Buyer has satisfactory credit arrangements with Seller or require Buyer to pay cash in advance.
Payment; Credit. 8.1 At the time of shipment, Seller shall send Buyer a provisional invoice in Euros estimating the price for the relevant shipment.
