Common use of Payment of Monthly Fleet Fees Clause in Contracts

Payment of Monthly Fleet Fees. 7.1. Customer shall make one monthly payment combining all Monthly Fleet Fees for running Tool Contracts (“Total Monthly Fleet Payment”). The Total Monthly Fleet Payment will be invoiced on the 1st working day of each month and is due on the 14th day after the invoice date, irrespective of alternative standard payments terms agreed with the Customer. Hilti may adjust payment terms from time to time. Settlement discount will not be applicable to Total Monthly Fleet Payment. 7.2. Hilti is only required to deliver the FM Services for so long as Customer remains current with all obligations.

Appears in 3 contracts

Samples: Fleet Management Framework Agreement, Fleet Management Framework Agreement, Fleet Management Framework Agreement

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Payment of Monthly Fleet Fees. 7.1. Customer shall make one monthly payment combining all Monthly Fleet Fees for running Tool Contracts (“Total Monthly Fleet Payment”). The Total Monthly Fleet Payment will be invoiced on the 1st working day of each month and is due on the 14th day after the invoice date, irrespective of alternative standard payments terms agreed with the Customer. Hilti may adjust payment terms from time to time. Settlement discount will not be applicable to Total Monthly Fleet Payment. 7.2. Hilti is only required to deliver the FM Services for so long as Customer remains current with all obligations. 7.3. Hilti only accepts direct debit as payment method under this Agreement.

Appears in 1 contract

Samples: Fleet Management Framework Agreement

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Payment of Monthly Fleet Fees. 7.16.1. Customer shall make one monthly payment combining all Monthly Fleet Fees for running Tool Contracts (“Total Monthly Fleet Payment”). The Total Monthly Fleet Payment will be invoiced on the 1st working day of each month and is due on the 14th 20th day after the invoice date, irrespective of alternative standard payments terms agreed with the Customer. Hilti may adjust payment terms from time to time. Settlement discount will not be applicable to Total Monthly Fleet Payment. 7.26.2. Hilti is only required to deliver the FM Services for so long as Customer remains current with all obligations.

Appears in 1 contract

Samples: Fleet Management Framework Agreement

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