Payment; Invoices. 5.1 Unless otherwise agreed, payments shall be due and payable no later than 60 (sixty) days net. If payment is made within 14 (fourteen) days, the Customer is entitled to a 3 % (three percent) discount. The period for payment shall commence as soon as any delivery or service is com- pleted and a correctly issued invoice is received. 5.2 The order number as well as the number of each individual item shall be detailed in invoices. Insofar as any such details are omitted, in- voices shall not be payable. Copies of invoices shall be marked as du- plicates. 5.3 Insofar as the Supplier is required to provide material testing, test rec- ords or quality control documents or any other documentation, such shall be a part of the requirements of the completeness of the delivery or performance. Payment does not constitute an acknowledgement that the corresponding delivery or services were provided in accordance with the contract.
Appears in 5 contracts
Samples: Conditions of Purchase, Conditions of Purchase, Conditions of Purchase
