PAYMENTS, TAXES, AND DUTIES. (a) Unless otherwise provided, terms of payment shall be net thirty (30) days from the latest of the following: (i) R2C, ’s receipt of SELLER's proper invoice; (ii) scheduled delivery date of the Work; or (iii) actual delivery of the Work. R2C, Inc. shall have a right of setoff against payments due or at issue under this Contract or any other contract between R2C, Inc. and SELLER. (b) Each payment made shall be subject to reduction to the extent of amounts which are found by R2C, Inc. not to have been properly payable and shall also be subject to reduction for overpayments. (c) Payment shall be deemed to have been made as of the date of mailing R2C,'s payment or electronic funds transfer. (d) Unless otherwise specified, prices include all applicable federal, state and local taxes, duties, tariffs, and similar fees imposed by any government, all of which shall be listed separately on the invoice.
Appears in 1 contract
Samples: Commercial Purchase Order
PAYMENTS, TAXES, AND DUTIES. (a) Unless otherwise provided, terms of payment shall be net thirty forty- five (3045) days from the latest of the following: (i) R2C, R2C Aerospace’s receipt of SELLER's proper invoice; (ii) scheduled delivery date of the Work; or (iii) actual delivery of the Work. R2C, Inc. R2C Aerospace shall have a right of setoff against payments due or at issue under this Contract or any other contract between R2C, Inc. R2C Aerospace and SELLER.
(b) Each payment made shall be subject to reduction to the extent of amounts which are found by R2C, Inc. R2C Aerospace not to have been properly payable and shall also be subject to reduction for overpayments.
(c) Payment shall be deemed to have been made as of the date of mailing R2C,R2C Aerospace's payment or electronic funds transfer.
(d) Unless otherwise specifiedspecified, prices include all applicable federal, state and local taxes, duties, tariffs, and similar fees imposed by any government, all of which shall be listed separately on the invoice.
Appears in 1 contract
Samples: Commercial Purchase Order
PAYMENTS, TAXES, AND DUTIES. (a) Unless otherwise provided, terms of payment shall be net thirty (30) days from the latest of the following: (i) R2C, ’s Aero receipt of SELLER's the Seller’s proper invoice; (ii) scheduled Scheduled delivery date of the Work; or (iii) actual Actual delivery of the Work. R2C, Inc. Aero shall have a right of setoff against payments due or at issue under this Contract or any other contract between R2C, Inc. and SELLERthe parties.
(b) Each payment made shall be subject to reduction to the extent of amounts which are found by R2C, Inc. Aero or SELLER not to have been properly payable payable, and shall also be subject to reduction for overpayments. SELLER shall promptly notify Aero of any such overpayments found by SELLER.
(c) Payment shall be deemed to have been made as of the date of mailing R2C,'s Aero Engineering and Manufacturing payment or electronic funds transfer.
(d) Unless otherwise specified, prices include all applicable federal, state state, and local taxes, duties, tariffs, and similar fees imposed by any government, all of which shall be listed separately on the invoice.
Appears in 1 contract
Samples: General Provisions and Far Flowdown Provisions for Subcontracts/Purchase Orders
PAYMENTS, TAXES, AND DUTIES. (a) Unless otherwise provided, terms of payment shall be net thirty (30) days from the latest of the following: (i) R2C, ’s LOCKHEED XXXXXX’x receipt of the SELLER's ’s proper invoice; (ii) scheduled Scheduled delivery date of the Work; or (iii) actual Actual delivery of the Work. R2C, Inc. LOCKHEED XXXXXX shall have a right of setoff against payments due or at issue under this Contract or any other contract between R2C, Inc. and SELLERthe parties.
(b) Each payment made shall be subject to reduction to the extent of amounts which are found by R2C, Inc. LOCKHEED XXXXXX not to have been properly payable payable, and shall also be subject to reduction for overpayments.
(c) Payment shall be deemed to have been made as of the date of mailing R2C,'s LOCKHEED XXXXXX’x payment or electronic funds transfer.
(d) Unless otherwise specified, prices include all applicable federal, state state, and local taxes, duties, tariffs, and similar fees imposed by any government, all of which shall be listed separately on the invoice.
Appears in 1 contract
Samples: Letter Contract