Common use of PRICE AND PAYMENT CONDITIONS Clause in Contracts

PRICE AND PAYMENT CONDITIONS. 3.1. The price of the undertaking of the subject of this contract has been determined by agreement between the contractual parties pursuant to the Act on prices No. 18/1996 Coll. as amended, the price must be paid in Euros, as follows: 3.2. The Ordering Party shall receive an invoice after the performance of the subject of the contract. 3.3. The due date of the invoice shall be 30 days from the date of its issue by the Contractor. 3.4. In the event that the Ordering Party is in arrears with payment of the invoice, the Contractor may charge interest in the amount of 0.05% of the owed sum for every day of payment arrears. 3.5. In the event that the Contractor does not comply with the time of the performance agreed in this contract, the Ordering Party may charge a contractual penalty in the amount of 0.05% of the owed sum for every day that the performance is delayed. 3.6. The agreed contractual penalties and fines shall be paid to the eligible party within 60 days of the day on which they are enforced.

PRICE AND PAYMENT CONDITIONS. 3.1. The contractor shall invoice price of the undertaking of the subject of this contract has been determined by agreement between the contractual parties pursuant 2 000 € (in words: two thousand euros) to the Act on prices No. 18/1996 Coll. as amendedordering party for xxxxxxxxxx and 1 600 € (in words: one thousand, the price must be paid in Euros, as follows:six hundred euros) for xxxxxxx. 3.2. The Ordering Party shall receive an invoice after the performance of the contract subject of the contracthas been properly executed. 3.3. The due date of the invoice shall be 30 days from the date of its issue by the Contractor. 3.4. In the event that the Ordering Party is in arrears with payment of the invoice, the Contractor may charge interest in the amount of 0.05% of the owed sum price for every day of payment arrears. 3.5. In the event that the Contractor does not comply with the time of the performance agreed in this contract, the Ordering Party may charge a contractual penalty in the amount of 0.05% of the owed total price sum for every day that the performance is delayed. 3.6. The agreed contractual penalties and fines shall be paid to the eligible party within 60 days of the day on which they are enforced.