Payment Procedures and Conditions. 4.2.1 Payment shall be made in immediately available funds in the quoted currency. In case of payment in any other free convertible currency, the exchange rate valid on the day of actual money transfer shall be applied for conversion. 4.2.2 Payment shall be made by the Buyer to the Seller within thirty (30) days from date of the invoice to the effect that the value date of the credit to the Seller's account of the payment falls within this thirty (30) day period. 4.2.3 The Buyer shall make all payments hereunder to the Seller's account with: VEREINS & WESTBANK AG - 20457 Hamburg - Germany Account: 910 057 777 Swift Address: VUWB DE HH, using international IBAN Code: XX00 000 000 000 000 000 000 or as otherwise directed by the Seller. 4.2.4 All payments due to the Seller hereunder shall be made in full without set-off, counterclaim, deduction or withholding of any kind. Consequently, the Buyer shall procure that the sums received by the Seller under this Exhibit "H" shall be equal to the full amounts expressed to be due to the Seller hereunder, without deduction or withholding on account of and free from any and all taxes, levies, imposts, dues or charges of whatever nature except that if the Buyer is compelled by law to make any such deduction or withholding the Buyer shall pay such additional amounts as may be necessary in order that the net amount received by the Seller after such deduction or withholding shall equal the amounts which would have been received in the absence of such deduction or withholding. 4.2.5 If any payment due to the Seller is not received in accordance with the timescale provided in Clause 4.2.2, without prejudice to the Seller's other rights under this Exhibit "H", the Seller shall be entitled to interest for late payment calculated on the amount due from and including the due date of payment up to and including the date when the payment is received by the Seller at a rate equal to the London Interbank Offered Rate (LIBOR) for twelve (12) months deposits in US Dollars (as published in the Financial Times on the due date) plus three percent (3%) per year (part year to be prorated).
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Samples: Purchase Agreement (China Eastern Airlines Corp LTD), Purchase Agreement (China Eastern Airlines Corp LTD)
Payment Procedures and Conditions. 4.2.1 Payment shall be made in immediately available funds in the quoted currency. In case of payment in any other free convertible currency, the exchange rate valid on the day of actual money transfer shall be applied for conversion.
4.2.2 Payment shall be made by the Buyer to the Seller within thirty (30) days from date of the invoice to the effect that the value date of the credit to the Seller's account of the payment falls within this thirty (30) day period.. EXHIB1T "H"
4.2.3 The Buyer shall make all payments hereunder to the Seller's account with: VEREINS VXXXXXX & WESTBANK AG - 20457 Hamburg - Germany XXXXXXXX XX-00000 Xxxxxxx-Xxxxxxx Account: 910 057 777 Swift Address: VUWB DE HH, using international IBAN Code: XX00 DX00 000 000 000 000 000 000 or as otherwise directed by the Seller.
4.2.4 All payments due to the Seller hereunder shall be made in full without set-off, counterclaim, deduction or withholding of any kind. Consequently, the Buyer shall procure that the sums received by the Seller under this Exhibit "H" shall be equal to the full amounts expressed to be due to the Seller hereunder, without deduction or withholding on account of and free from any and all taxes, levies, imposts, dues or charges of whatever nature except that if the Buyer is compelled by law to make any such deduction or withholding the Buyer shall pay such additional amounts as may be necessary in order that the net amount received by the Seller after such deduction or withholding shall equal the amounts which would have been received in the absence of such deduction or withholding.
4.2.5 If any payment due to the Seller is not received in accordance with the timescale provided in Clause 4.2.2, without prejudice to the Seller's other rights under this Exhibit "H", the Seller shall be entitled to interest for late payment calculated on the amount due from and including the due date of payment up to and including the date when the payment is received by the Seller at a rate equal to the London Interbank Offered Rate (LIBOR) for twelve (12) * months deposits in US Dollars (as published in the Financial Times on the due date) plus three percent (3%) * per year (part year to be prorated).
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Samples: Purchase Agreement (Tam S.A.)
Payment Procedures and Conditions. 4.2.1 Payment shall be made in immediately available funds in the quoted currency. In case of payment in any other free convertible currency, the exchange rate valid on the day of actual money transfer shall be applied for conversion.
4.2.2 Payment shall be made by the Buyer to the Seller within thirty (30) [***] days from date of the invoice to the effect that the value date of the credit to the Seller's ’s account of the payment falls within this thirty (30) [***] day period.
4.2.3 The Buyer shall make all payments hereunder to the Seller's ’s account with: [***] Confidential treatment requested by AerCap Holdings N.V. VEREINS & WESTBANK AG XXXXXXXX XX - 20457 Hamburg 00000 Xxxxxxx - Germany Xxxxxxx Account: 910 057 777 [***] Swift Address: VUWB DE HH, using international IBAN Code: XX00 000 000 000 000 000 000 DE[***] or as otherwise directed by the Seller.
4.2.4 All payments due to the Seller hereunder shall be made in full without set-off, counterclaim, deduction or withholding of any kind. Consequently, the Buyer shall procure that the sums received by the Seller under this Exhibit "”H" ” shall be equal to the full amounts expressed to be due to the Seller hereunder, without deduction or withholding on account of and free from any and all taxes, levies, imposts, dues or charges of whatever nature except that if the Buyer is compelled by law to make any such deduction or withholding the Buyer shall pay such additional amounts as may be necessary in order that the net amount received by the Seller after such deduction or withholding shall equal the amounts which would have been received in the absence of such deduction or withholding. If the Seller receives a refund of any amount with respect to which the Buyer has paid an additional amount as described above the Seller shall pay to the Buyer, as soon as practicable after the refund has been made (but not before the Buyer has made all payments to the Seller required under this Clause), an amount equal to such refund, provided that after such payment the Seller shall be in no worse position in respect of its overall tax position than it would have been if no such payment had been made.
4.2.5 If any payment due to the Seller is not received in accordance with the timescale provided in Clause 4.2.2, without prejudice to the Seller's ’s other rights under this Exhibit "”H"”, the Seller shall be entitled to interest for late payment calculated on the amount due from and including the date falling [***] Working Days after due date of payment up to and including the date when the payment is received by the Seller at a rate equal to the London Interbank Offered Rate (LIBOR) for twelve (12) [***] months deposits in US Dollars (as published in the Financial Times on the due date) plus three percent (3%) [***] per year (part year to be prorated).
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Payment Procedures and Conditions. 4.2.1 Payment shall be made in immediately available funds in the quoted currency. In case of payment in any other free convertible currency, the exchange rate valid on the day of actual money transfer shall be applied for conversion.
4.2.2 Payment shall be made by the Buyer to the Seller within thirty (30) days [***] from date of the invoice to the effect that the value date of the credit to the Seller's ’s account of the payment falls within this thirty (30) day [***] period.
4.2.3 The Buyer shall make all payments hereunder to the Seller's ’s account with: VEREINS & WESTBANK AG XXXXXXXX XX - 20457 Hamburg 00000 Xxxxxxx - Germany Xxxxxxx Account: 910 057 777 [***] Swift Address: VUWB DE HH, using international IBAN Code: XX00 000 000 000 000 000 000 DE[***] or as otherwise directed by the Seller.
4.2.4 All payments due to the Seller hereunder shall be made in full without set-off, counterclaim, deduction or withholding of any kind. Consequently, the Buyer shall procure that the sums received by the Seller under this Exhibit "“H" ” shall be equal to the full amounts expressed to be due to the Seller hereunder, without deduction or withholding on account of and free from any and all taxes, levies, imposts, dues or charges of whatever nature except that if the Buyer is compelled by law to make any such deduction or withholding the Buyer shall pay such additional amounts as may be necessary in order that the net amount received by the Seller after such deduction or withholding shall equal the amounts which would have been received in the absence of such deduction or withholding. If the Seller receives a refund of any amount with respect to which the Buyer has paid an additional amount as described above the Seller shall pay to the Buyer, as soon as practicable after the refund has been made (but not before the Buyer has made all payments to the Seller required under this Clause), an amount equal to such refund, provided that after such payment the Seller shall be in no worse position in respect of its overall tax position than it would have been if no such payment had been made.
4.2.5 If any payment due to the Seller is not received in accordance with the timescale provided in Clause 4.2.2, without prejudice to the Seller's ’s other rights under this Exhibit "“H"”, the Seller shall be entitled to interest for late payment calculated on the amount due from and including the date falling three (3) Working Days after due date of payment up to and including the date when the payment is received by the Seller at a rate equal to the London Interbank Offered Rate (LIBOR) for twelve (12) [***] months deposits in US Dollars (as published in the Financial Times on the due date) plus three percent (3%) [***] per year (part year to be prorated).
Appears in 1 contract
Payment Procedures and Conditions. 4.2.1 Payment shall be made in immediately available funds in the quoted currency. In case of payment in any other free convertible currency, the exchange rate valid on the day of actual money transfer shall be applied for conversion.
4.2.2 Payment shall be made by the Buyer to the Seller within thirty (30) days [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] from date of the invoice to the effect that the value date of the credit to the Seller's account of the payment falls within this thirty (30) day [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] period.
4.2.3 The Buyer shall make all payments hereunder to the Seller's account with: VEREINS & WESTBANK AG - 20457 Hamburg - Germany Account: 910 057 777 Swift Address: VUWB DE HH, using international IBAN Code: XX00 000 000 000 000 000 000 [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] or as otherwise directed by the Seller.
4.2.4 4.2.4.1 All payments due to the Seller hereunder shall be made in full without set-off, counterclaim, deduction or withholding of any kind. Consequently, the Buyer shall procure that the sums received by the Seller under this Exhibit "H" shall be equal to the full amounts expressed to be due to the Seller hereunder, without deduction or withholding on account of and free from any and all taxes, levies, imposts, dues or charges of whatever nature except that if the Buyer is compelled by law to make any such deduction or withholding the Buyer shall pay such additional amounts as may be necessary in order that the net amount received by the Seller after such deduction or withholding shall equal the amounts which would have been received in the absence of such deduction or withholding.
4.2.5 If any payment due to the Seller is not received in accordance with the timescale provided in Clause 4.2.2, without prejudice to the Seller's other rights under this Exhibit "H", the Seller shall be entitled to interest for late payment calculated on the amount due from and including the due date of payment up to and including the date when the payment is received by the Seller at a rate equal to the London Interbank Offered Rate (LIBOR) for twelve (12) months deposits in US Dollars (as published in the Financial Times on the due date) plus three percent (3%) per year (part year to be prorated).4.2.4.2 [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]
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Payment Procedures and Conditions. 4.2.1 3.5.l Payment shall will be made in immediately available funds in the quoted currencyUS dollars. In case of payment in any other free convertible currency, the exchange rate valid on the day of actual money transfer shall will be applied for conversion.
4.2.2 3.5.2 Payment shall will be made by the Buyer to the Seller within thirty (30) days from the date of the invoice to the effect receipt of invoice, such that the value date of the credit to the Seller's account of the payment accounts listed below falls within this thirty (3030)-day period:
(i) day period.For wire transfer, in favor of Airbus North America Customer Services: [ * ]
4.2.3 The Buyer shall make all payments hereunder (ii) For direct deposit (lockbox), in favor of Airbus North America Customer Services:
(iii) Airbus North America Customer Services * Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Seller's account with: VEREINS & WESTBANK AG - 20457 Hamburg - Germany Account: 910 057 777 Swift Address: VUWB DE HHSecurities Exchange Act of 1934, using international IBAN Code: XX00 000 000 000 000 000 000 or as otherwise directed by the Seller.amended. LA4-27 XX Xxx 0000 Xxxx Xxx Xx. 0000 Xxxxxxxxxxxx, XX 00000-0000 [ * ]
4.2.4 3.5.3 All payments due to the Seller hereunder shall will be made in full without set-off, counterclaim, deduction or withholding of any kind. Consequently, the Buyer shall procure will ensure that the sums received by the Seller under this Exhibit "H" shall Letter Agreement will be equal to the full amounts expressed to be due to the Seller hereunder, without deduction or withholding on account of and free from any and all taxes, levies, imposts, dues or charges of whatever nature except that if the Buyer is compelled by law to make any such deduction or withholding the Buyer shall will pay such additional amounts as may be necessary in order that the net amount received by the Seller after such deduction or withholding shall will equal the amounts which would have been received in the absence of such deduction or withholding.
4.2.5 3.5.4 If any payment due to the Seller for which the invoice has been received by the Buyer in a timely manner, and is not the subject of a good-faith dispute between the parties, is not received in accordance with by the timescale provided in Clause 4.2.2Seller on the date or dates agreed on between the Buyer and the Seller, without prejudice to the Seller's other rights under this Exhibit "H"Letter Agreement or at law, the Seller shall will be entitled to interest for late payment calculated on the amount due from and including the due date of payment up to and including the date when the payment is received by the Seller at a rate equal to the London Interbank Offered Rate (LIBOR) for twelve (12) months deposits in US Dollars dollars (as published in the Financial Times on the due date) plus three percent (3%) per year [ * ] (part year to be proratedpro-rated).
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Samples: Purchase Agreement (Fedex Corp)
Payment Procedures and Conditions. 4.2.1 Payment shall be made in immediately available funds in the quoted currency. In case of payment in any other free convertible currency, currency the exchange rate valid on at the day of actual money transfer shall be applied for conversion.
4.2.2 Payment shall be made by the Buyer to the Seller within thirty (30) [DELETED] days from date of the invoice to the effect that the value date of the credit to the Seller's account of the payment falls within this thirty (30) [DELETED] day period.
4.2.3 The Buyer shall make all payments hereunder to the Seller's account withaccount, No [DELETED] with : VEREINS & WESTBANK AG - 20457 Hamburg - Germany Account: 910 057 777 Swift Address: VUWB DE HH, using international IBAN Code: XX00 000 000 000 000 000 000 [DELETED] or as otherwise directed by the Seller.
4.2.4 All payments due to the Seller hereunder shall be made in full without set-off, counterclaim, deduction or withholding of any kind. Consequently, the Buyer shall procure that the sums received by the Seller under this Exhibit "H" shall be equal to the full amounts expressed to be due to the Seller hereunder, without deduction or withholding on account of and free from any and all taxes, levies, imposts, dues or charges of whatever nature except that if the Buyer is compelled by law to make any such deduction or withholding the Buyer shall pay such additional amounts as may be necessary in order that the net amount received by the Seller after such deduction or withholding shall equal the amounts which would have been received in the absence of such deduction or withholding.
4.2.5 If any payment due to the Seller is not received in accordance with the timescale provided in Clause 4.2.2, without prejudice to the Seller's other rights under this such Exhibit "H", the Seller shall be entitled to interest for late payment calculated on the amount due from and including the due date of payment up to and including the date when the payment is received by the Seller at a rate equal to the London Interbank Offered Rate (LIBOR) for twelve (12) [DELETED] months deposits in US Dollars (as published in the Financial Times on the due date) plus three [DELETED] percent (3[DELETED] %) per year (part year to be prorated).
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