Common use of Price and Payment Terms Clause in Contracts

Price and Payment Terms. If no price is specified on this Purchase Order, the goods and/or services furnished hereunder shall be billed at the price last quoted to Buyer, or at the prevailing market price, whichever is lower. Seller warrants to Buyer that the prices herein provided are not higher than the lowest net prices at which Seller is selling or offering to sell like materials to any other Seller customer. If, on or before the date of delivery of any materials ordered hereunder, Seller shall sell or offer to sell the same or like materials at a lower net price, this Purchase Order shall be deemed so modified to reflect such lower price. Buyer will only reimburse those out-of pocket expenses that are reasonable, necessary and expressly authorized on the face of this Purchase Order or otherwise in writing. All such expenses shall be billed at actual cost and, for expenses in excess of $25.00 must be supported by receipts or other appropriate documentation. If a cash discount period is noted on the invoice and/or this Purchase Order, such cash discount period shall be computed as commencing with receipt of invoice or goods, whichever is received later. Payment will be due net ninety (90) days unless negotiated with Novartis Procurement and its delegates, after the (i) receipt of the invoice by Buyer or (ii) acceptance of the goods or services by Buyer, whichever is later, unless such payment is in dispute. Unless otherwise stated in this Purchase Order, no charge will be allowed for packing, boxing, cartage, or insurance, and Seller shall prepay and absorb all shipping charges.

Price and Payment Terms. If no price is specified on this Purchase Order, the goods and/or services furnished hereunder shall be billed at the price last quoted to Buyer, or at the prevailing market price, whichever is lower. Seller warrants to Buyer that the prices herein provided are not higher than the lowest net prices at which Seller is selling or offering to sell like materials to any other Seller customermaterials. If, on or before the date of delivery of any materials ordered hereunder, Seller shall sell or offer to sell the same or like materials at a lower net price, this Purchase Order shall be deemed so modified to reflect such lower price. Buyer will only reimburse those out-of of-pocket expenses that are reasonable, necessary necessary, and expressly authorized on the face of this Purchase Order or otherwise in writing. All such expenses shall be billed at actual cost and, for expenses in excess of $25.00 must be supported by receipts or other appropriate documentation. If a cash discount period is noted on the invoice and/or this Purchase Order, such cash Cash discount period shall be computed as commencing with receipt of invoice or goods, whichever is received later. Payment will be due net ninety sixty (9060) days (unless negotiated with Novartis Procurement and its delegates, expressly noted on the front of this Purchase Order) after the (i) receipt of the invoice by Buyer Buyer, or (ii) acceptance of the goods or services by Buyer, whichever is later, unless such payment acceptance is in dispute. Unless otherwise stated in this Purchase Order, no charge will be allowed for packing, boxing, cartage, or insurance, and Seller shall prepay and absorb all shipping charges.

Price and Payment Terms. If no The price is specified on this Purchase Orderof the Products shall be the price stated in the offers or quotations (“Quotation”) made by the Seller, provided that such price has been accepted by the Buyer. Upon acceptance of the Quotation by the Buyer, the goods and/or services furnished hereunder Seller shall not increase the price of the Products without prior written consent of the Buyer. The invoice raised by the Seller shall be billed in the name of Buyer entity that placed the Purchase Order on the Seller, unless stated otherwise by Buyer in writing, and shall state the net amount payable by the Buyer and give an itemized description of the total amount payable. The Buyer shall not be charged any amount which was not stated in the Quotation provided by the Seller and which has not been agreed in advance by the Buyer. The Seller shall pay all taxes, duties, or levies payable in relation to the Products purchased by the Buyer. Unless agreed otherwise, Buyer shall pay the price of the Products at the price last quoted to Buyer, or at the prevailing market price, whichever is lower. Seller warrants to Buyer that the prices herein provided are expiry of not higher less than the lowest net prices at which Seller is selling or offering to sell like materials to any other Seller customer. If, on or before the date of delivery of any materials ordered hereunder, Seller shall sell or offer to sell the same or like materials at a lower net price, this Purchase Order shall be deemed so modified to reflect such lower price. Buyer will only reimburse those out-of pocket expenses that are reasonable, necessary and expressly authorized on the face of this Purchase Order or otherwise in writing. All such expenses shall be billed at actual cost and, for expenses in excess of $25.00 must be supported by receipts or other appropriate documentation. If a cash discount period is noted on the invoice and/or this Purchase Order, such cash discount period shall be computed as commencing with receipt of invoice or goods, whichever is received later. Payment will be due net ninety sixty (9060) days unless negotiated with Novartis Procurement and its delegates, after from the (i) receipt of the invoice by Buyer or from the Seller, provided that the Products are received in (i) a good condition; (ii) acceptance in accordance with the required specifications, instructions, drawings, data, warranties (express or implied) and/or other agreed requirements of the goods or services Buyer; (iii) in the quantity; (iv) on the date and time; (v) at the point of delivery as mentioned in the Purchase Order (collectively referred to as “Requirements”); and (vi) are accepted by the Buyer upon inspection. Where any advance payment is made by the Buyer, whichever is later, unless such payment is in dispute. Unless otherwise stated in this Purchase Order, no charge will be allowed for packing, boxing, cartage, or insurance, and the Seller shall prepay be bound to refund such amount within thirty (30) days of receipt of Products by the Buyer if the Products do not conform to the Requirements. If any part of the invoice is disputed by the Buyer, the Buyer shall have the right to deduct, set-off or withhold payment of the invoice amount, in part or in whole. The Seller shall have no right to delay or cancel any deliveries by reason of any deduction, set-off or withholding made by the Buyer and absorb all shipping chargesunder no circumstances shall any delay in payment of the Products shall entitle the Seller to claim any lien or security interest in any Product to secure payment of the purchase price.

Price and Payment Terms. If no price is specified on this Purchase Order, the goods and/or services furnished hereunder shall be billed at the price last quoted to Buyer, or at the prevailing market price, whichever is lower. Seller warrants to Buyer that the prices herein provided are not higher than the lowest net prices at which Seller is selling or offering to sell like materials to any other Seller customer. If, on or before the date of delivery of any materials ordered hereunder, Seller shall sell or offer to sell the same or like materials at a lower net price, this Purchase Order shall be deemed so modified to reflect such lower price. Buyer will only reimburse those out-of pocket expenses that are reasonable, necessary and expressly authorized on the face of this Purchase Order or otherwise in writing. All such expenses shall be billed at actual cost and, for expenses in excess of $25.00 must be supported by receipts or other appropriate documentation. If a cash discount period is noted on the invoice and/or this Purchase Order, such cash discount period shall be computed as commencing with receipt of invoice or goods, whichever is received later. Payment will be due net ninety forty five (9045) days unless negotiated with Novartis Procurement Strategic Sourcing and its delegates, after the (i) receipt of the invoice by Buyer or (ii) acceptance of the goods or services by Buyer, whichever is later, unless such payment is in dispute. Unless otherwise stated in this Purchase Order, no charge will be allowed for packing, boxing, cartage, or insurance, and Seller shall Shall prepay and absorb all shipping charges.

Price and Payment Terms. If no price is specified on this Purchase OrderUnless otherwise agreed upon in writing by the parties, all prices are: (i) stated in the goods and/or services furnished hereunder statutory currency of Buyer’s location; (ii) not subject to any increase for the duration of the Supply Agreement; (iii) DDP at Buyer’s designated location (INCOTERMS 2010); and (iv) inclusive of the cost of Deliverable, all expenses and expenditures incurred for the performance of the Supply Agreement, Supplier’s profits and all applicable taxes. Payment of Supplier’s invoices (i.e. Fapiao) shall be billed at the price last quoted to Buyer, or at the prevailing market price, whichever is lower. Seller warrants to Buyer that the prices herein provided are not higher than the lowest net prices at which Seller is selling or offering to sell like materials to any other Seller customer. If, on or before the date of delivery of any materials ordered hereunder, Seller shall sell or offer to sell the same or like materials at a lower net price, this Purchase Order shall be deemed so modified to reflect such lower price. Buyer will only reimburse those out-of pocket expenses that are reasonable, necessary and expressly authorized on the face of this Purchase Order or otherwise in writing. All such expenses shall be billed at actual cost and, for expenses in excess of $25.00 must be supported by receipts or other appropriate documentation. If a cash discount period is noted on the invoice and/or this Purchase Order, such cash discount period shall be computed as commencing with receipt of invoice or goods, whichever is received later. Payment will be due net ninety (90) days from the end-of-month of Buyer’s receipt and acceptance of Deliverables and invoices conforming with applicable laws and Buyer’s requirements, unless negotiated with Novartis Procurement otherwise agreed upon in writing by the parties. Receipt and its delegates, after the (i) receipt acceptance of invoice is of the essence for Buyer’s payments. Buyer is entitled to withhold any payment until the invoice corresponding to the payment is duly received and accepted. All monies paid are refundable to Buyer if the Deliverable does not conform to agreed Specifications or standards. Buyer shall not be liable for any taxes, unless Buyer otherwise agrees upon in writing; any of such applicable taxes that have been agreed by Xxxxx in writing, shall be separately and correctly stated on the invoices by Supplier; and if any payment for the taxes is made but without Buyer’s written agreement, such payment shall constitute unjust enrichment on the part of Supplier and shall be refundable to Buyer. Supplier warrants that it is selling at the lowest prices and upon the most favorable terms that it offers any customer for the same or comparable Deliverable. If Supplier sells or offers to sell any Deliverable to a third party at a lower price or upon one or more terms that are more favorable than those previously offered to Buyer, then an equivalent price reduction or modification of terms will apply to all Deliverables purchased thereafter for the balance of the term of the Supply Agreement. Buyer may set off any amount owing at any time from Supplier to Buyer or any of its Affiliates against any amount payable at any time by Buyer or (ii) acceptance of under the goods or services by Buyer, whichever is later, unless such payment is in dispute. Unless otherwise stated in this Purchase Order, no charge will be allowed for packing, boxing, cartage, or insurance, and Seller shall prepay and absorb all shipping chargesSupply Agreement.