Common use of Payment Deadline Clause in Contracts

Payment Deadline. 3.1 Unless explicitly agreed otherwise in writing in the Agreement, the Client- Purchaser shall pay the Purchase Price and the Costs within thirty (30) days of the end of the month after the date on which the Supplier issues its invoice. The Supplier is, however, entitled to demand an advance or even full payment before proceeding with the delivery. At the Client-Purchaser’s written request, the Supplier shall provide the latter, for a period of a maximum of thirty (30) days after the invoice date, with a copy of the xxxx of lading drawn up at the time that the Products were delivered to the Client- Purchaser. The Client-Purchaser recognises that – if it has failed to request the xxxx of lading within a period of thirty (30) days from the date of the invoice – that the Supplier is not obliged to provide the xxxx of lading and the Products will be deemed to have been delivered.

Payment Deadline. 3.1 Unless explicitly agreed otherwise in writing in the Agreement, the Client- Client-Purchaser shall pay the Purchase Price and the Costs within thirty (30) days of the end of the month after the date on which the Supplier issues its invoice. The Supplier is, however, entitled to demand an advance or even full payment before proceeding with the delivery. At the Client-Client- Purchaser’s written request, the Supplier shall provide the latter, for a period of a maximum of thirty (30) days after the invoice date, with a copy of the xxxx bill of lading drawn up at the time that the Products were delivered to the Client- Client-Purchaser. The Client-Purchaser recognises that – if it has failed to request the xxxx bill of lading within a period of thirty (30) days from the date of the invoice – that the Supplier is not obliged to provide the xxxx bill of lading and the Products will be deemed to have been delivered.