Common use of PAYMENT TERMS AND INVOICING Clause in Contracts

PAYMENT TERMS AND INVOICING. 6.1 Payment shall be made in three stages when the report for each task is delivered, assuming that the customer has approved all the respective deliveries in the task. 1st stage: 1/3 of the Contract Price at July 25, task 1 2nd stage:1/3 of the Contract Price at November 29, task 2 3rd stage: 1/3 of the Contract Price at December 10, task 3 6.2 The Provider shall submit an electronic invoice (excluding VAT) to the Agency. The invoice shall include details of the EAN no. 0000000000000, attn: Xxxxx X. Xxxxxxx, ”Satellite analyses for agricultural control 2019”, project number: 00-0000-000000. Invoicing shall be in accordance with the rules on electronic settling of accounts with public authorities in force at any time. If the Provider adds VAT to the Contract Price, this must appear from the invoice. 6.3 If the Provider is to invoice the Customer an amount in a particular calendar year, the invoice in which the amount is charged, must reach the Customer no later than 5 December of the calendar year in question, unless otherwise agreed by the Parties. 6.4 Invoices shall be payable 30 calendar days after receipt of an invoice in accordance with the requirements in the Project-Specific Provisions, section 6.2. 6.5 If an invoice is not in accordance with the requirements in sections 6.1 and 6.2 of the Project-Specific Provisions, the Customer reserves the right to withhold payment until an invoice that meets the requirements has been received. 6.6 In the event of delayed payment, the Provider may charge interest pursuant to applicable law.

PAYMENT TERMS AND INVOICING. 6.1 5.1 Payment shall be made in three stages when the report for each task is delivered, tranches 25%-60%-15% assuming that the customer Provider has provided the Deliverables in accordance with the Contract. First instalment (25%) to be disbursed upon draft policy brief and status to steering group (DL September 2022). Second instalment (60%) to be disbursed upon delivering of manuscript of project report (DL 14.10.2022), approved all by the respective deliveries in steering group and the taskNKL. 1st stage: 1/3 Third instalment (15%) to be disbursed upon delivering of final NKL final report and accounts with auditor’s signature (DL 28.11.2022) and the Contract Price at July 25, task 1 2nd stage:1/3 report has been approved by the NKL-group and the Ministry of the Contract Price at November 29, task 2 3rd stage: 1/3 of the Contract Price at December 10, task 3Environment (MIM). 6.2 5.2 The Provider shall submit an electronic invoice (excluding VAT) to the AgencyCustomer. The invoice shall include details of the EAN no. 00000000000005798000862005, attn: Xxxxx X. XxxxxxxXxxx Gran/NKL-gruppen, ”Satellite analyses for agricultural control 2019NKL-2213 Loss and Damage Associated with the Adverse Effects of Climate Change”, project number: 00-0000-000000number <Indsæt journalnr.>. Invoicing shall be in accordance with the rules on electronic settling of accounts with public authorities in force at any time. If the Provider adds VAT to the Contract Price, this must appear from the invoice. 6.3 5.3 If the Provider is to invoice the Customer an amount in a particular calendar year, the invoice in which the amount is charged, must reach the Customer no later than 5 December of the calendar year in question, unless otherwise agreed by the Parties. 6.4 5.4 Invoices shall be payable 30 calendar days after receipt of an invoice in accordance with the requirements in the Project-Specific Provisions, section 6.25.2. 6.5 5.5 If an invoice is not in accordance with the requirements in sections 6.1 and 6.2 5.2 of the Project-Specific Provisions, the Customer reserves the right to withhold payment until an invoice that meets the requirements has been received. 6.6 5.6 In the event of delayed payment, the Provider may charge interest pursuant to applicable law.

PAYMENT TERMS AND INVOICING. ‌ 6.1 Payment shall be made in three stages when the report for each task is delivered, tranches 25%-60%-15% assuming that the customer Provider has provided the Deliverables in accordance with the Contract, or if otherwise agreed with the steering group and/or MIM. First instalment (25%) to be disbursed upon short project description (Output 1) and kick-off meeting with the steering group (DL 31 May 2024). Second instalment (60%) to be disbursed upon delivering of final manuscript of project report (DL 10 October 2024), approved all by the respective deliveries in steering group and the taskNKL. 1st stage: 1/3 Third instalment (15%) to be disbursed upon delivering of the Contract Price at July 25, task 1 2nd stage:1/3 NKL final administrative report with accounts (DL 02 December 2024) and the report has been approved by the NKL-group and the Ministry of the Contract Price at November 29, task 2 3rd stage: 1/3 of the Contract Price at December 10, task 3Environment (MIM). 6.2 The Provider shall submit an electronic invoice (excluding VAT) to the AgencyCustomer. The invoice shall include details of the EAN no. 00000000000005798000862005, attn: Xxxxx X. Xxxxxxx, Xxxx Xxxx/NKL and a reference to ” NKL-2416 Implementing the COP28 Global Stocktake Decision in the Nordics and Beyond: Solutions in line with 1.5°C Pathways”Satellite analyses for agricultural control 2019”, project number: 00-0000-000000. Invoicing shall be in accordance with the rules on electronic settling of accounts with public authorities in force at any time. If the Provider adds VAT to the Contract Price, this must appear from the invoice. 6.3 If the Provider is to invoice the Customer an amount in a particular calendar year, the invoice in which the amount is charged, must reach the Customer no later than 5 December of the calendar year in question, unless otherwise agreed by the Parties. 6.4 Invoices shall be payable 30 calendar days after receipt of an invoice in accordance with the requirements in the Project-Specific Provisions, section 6.2. 6.5 If an invoice is not in accordance with the requirements in sections 6.1 and 6.2 of the Project-Specific Provisions, the Customer reserves the right to withhold payment until an invoice that meets the requirements has been received. 6.6 In the event of delayed payment, the Provider may charge interest pursuant to applicable law.

PAYMENT TERMS AND INVOICING. ‌ 6.1 Payment shall be made in three stages when by the report for each task is delivered, end of the contract period assuming that the customer Provider has approved all provided the respective deliveries Deliverables in accordance with the task. 1st stage: 1/3 of the Contract Price at July 25, task 1 2nd stage:1/3 of the Contract Price at November 29, task 2 3rd stage: 1/3 of the Contract Price at December 10, task 3Contract. 6.2 The Provider shall submit an three electronic invoice invoices (excluding VAT) to the AgencyCustomer as follows: a. to the Nationalpark Vadehavet, EAN no. 5798000860674 attn: Xxxx Xxxxx Xxxxxx b to the Common Wadden Sea Secretariat, Wilhelmshavn Gernany c. to the Netherlands Ministry of Agriculture, Nature and Food Quality (details will be provided) The invoice shall include details of the EAN no. 0000000000000, attn: Xxxxx X. Xxxxxxx, ”Satellite analyses for agricultural control 2019”details/refer to ProwadLink, project number: 00-0000-000000number 440388. Invoicing shall be in accordance with the rules on electronic settling of accounts with public authorities in force at any time. If the Provider adds VAT to the Contract Price, this must appear from the invoice. 6.3 If the Provider is to invoice the Customer an amount in a particular calendar year, the invoice in which the amount is charged, must reach the Customer no later than 5 December of the calendar year in question, unless otherwise agreed by the Parties. 6.4 Invoices shall be payable 30 calendar days after receipt of an invoice in accordance with the requirements in the Project-Specific Provisions, section 6.2. 6.5 If an invoice is not in accordance with the requirements in sections 6.1 and 6.2 of the Project-Specific Provisions, the Customer reserves the right to withhold payment until an invoice that meets the requirements has been received. 6.6 In the event of delayed payment, the Provider may charge interest pursuant to applicable law.

PAYMENT TERMS AND INVOICING. 6.1 Payment shall be made in three stages when the report for each task is delivered, tranches 25%-60%-15% assuming that the customer Provider has provided the Deliverables in accordance with the Contract. First instalment (25%) to be disbursed upon status report (DL 01.03.2020). Second instalment (60%) to be disbursed upon delivering of final report for publishing (DL 20.6.2020), approved all by the respective deliveries in steering group and the taskNKL. 1st stage: 1/3 Third instalment (15%) to be disbursed upon delivering of final NKL final report and accounts with auditor’s signature (DL 31.08.2020) and the Contract Price at July 25, task 1 2nd stage:1/3 of report has been approved by the Contract Price at November 29, task 2 3rd stage: 1/3 of NKL-group and the Contract Price at December 10, task 3MFVM. 6.2 The Provider shall submit an electronic invoice (excluding VAT) to the AgencyCustomer. The invoice shall include details of the EAN no. 00000000000005798000862005, attn: Xxxxx X. XxxxxxxXxxx Xxxx/NKL-gruppen, ”Satellite analyses for agricultural control 2019NKL-XXXX The Road towards Carbon Neutrality in the different Nordic Countries”, project number: 00-0000-000000<Indsæt journalnr.>. Invoicing shall be in accordance with the rules on electronic settling of accounts with public authorities in force at any time. If the Provider adds VAT to the Contract Price, this must appear from the invoice. 6.3 If the Provider is to invoice the Customer an amount in a particular calendar year, the invoice in which the amount is charged, must reach the Customer no later than 5 December of the calendar year in question, unless otherwise agreed by the Parties. 6.4 Invoices shall be payable 30 calendar days after receipt of an invoice in accordance with the requirements in the Project-Specific Provisions, section 6.2. 6.5 If an invoice is not in accordance with the requirements in sections 6.1 and 6.2 of the Project-Specific Provisions, the Customer reserves the right to withhold payment until an invoice that meets the requirements has been received. 6.6 In the event of delayed payment, the Provider may charge interest pursuant to applicable law.