Price; Payment Terms Clause Samples
The 'Price; Payment Terms' clause defines the agreed-upon cost for goods or services and outlines the conditions and schedule for payment. It typically specifies the total price, acceptable payment methods, due dates, and any applicable penalties for late payment or discounts for early payment. By clearly establishing how and when payments are to be made, this clause helps prevent disputes over financial obligations and ensures both parties understand their responsibilities regarding compensation.
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Price; Payment Terms. The price to be paid by Buyer for the goods that are the subject hereof (the “Goods”) are set forth on Seller’s invoice. The Buyer shall pay all amounts due and owing under each invoice in accordance with the payment terms in the invoice. All payments shall be in U.S. dollars and made by check or electronic transfer. Except for invoiced payments that the Buyer has successfully disputed as set forth below, all late payments shall bear interest at the lesser of (i) one and one-half percent (1.5%) per month (eighteen percent (18%) per annum) and (ii) the highest amount permitted by law. In addition to all other remedies available to Seller (whether hereunder or otherwise according to law or in equity, which Seller does not waive by the exercise of any rights hereunder), the Seller shall be entitled to suspend the provision of any services and/or the delivery of any products if the Buyer fails to pay any undisputed amounts when due and such failure continues for ten (10) days following written notice thereof.
Price; Payment Terms. 3.1 The price of the service is stated on our website and will vary depending on the options chosen on the order form. Certain services may be subject to additional charges, as per our current price list.
3.2 The service is to be paid monthly in advance by Direct Debit.
3.3 VAT will be added to the price and will be clearly stated on the order form on the website. A monthly invoice will be produced and will be available to print from iCareWEB. An email will be sent every month to the administrator email address for accounting purposes.
3.4 If paying by direct debit, please note that Astute Data Systems Ltd has appointed the BACS Approved Direct Debit Bureau, Eazy Collect Services Limited (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇), to collect your payments. Astute Data Systems will be shown on your bank statement for these direct debit payments.
3.5 There is no refund policy.
3.6 If the Direct Debit Instruction Form is not received duly signed and completed within the first month of usage, we reserve the right to suspend your account until receipt of the form. For outside the UK, a credit/debit card payment can be made monthly and will incur a 2% administration charge.
Price; Payment Terms. 1. Company shall not be billed at a price higher than the price last charged or quoted by Supplier for the same Products unless a higher price is authorized in writing by Company. Supplier represents that the price charged for the Products covered by this Agreement is the lowest price charged by Supplier to buyers of a class similar to Company purchasing in quantities and under circumstances comparable to those specified in this Agreement. Any price reduction made by Supplier with respect to the Products ordered hereunder, subsequent to the placement of the order and prior to Company's receipt of the Products, shall apply to this Agreement.
2. Company shall pay all correct invoices within forty-five (45) days from date of invoice. In the event of a good- faith dispute regarding an invoice, Company may withhold payment; provided that Company pays all undisputed amounts thereunder.
Price; Payment Terms. 5.1 The purchase price for the Supplies is set forth in the Purchase Order and is in U.S. Dollars unless otherwise stated. Unless otherwise stated in the Purchase Order, the purchase price:
(i) is a firm fixed price for the duration of the Purchase Order and not subject to increase for any reason, including, but not limited to, increased raw material costs, increased labor or other manufacturing costs, increased development costs, currency fluctuations or changes in volumes or program length from those estimated or expected; (ii) is inclusive of all federal, state, provincial, value added and local taxes and any duties applicable to provision of the Supplies; and (iii) is inclusive of all storage, handling, packaging and all other expenses and charges of Seller. Seller shall separately invoice Buyer for any sales, value added, or similar turnover taxes or charges that Seller is required by law to pay or collect from Buyer.
5.2 Invoices shall be issued by Seller to Buyer no earlier than delivery of the Supplies to Buyer. Seller shall, at its sole expense, comply with ▇▇▇▇▇’s instructions and then current policies with respect to the form, content and method for submission of invoices. Seller shall promptly submit correct and complete invoices or other agreed upon billing communications with appropriate supporting documentation and other information reasonably required by Buyer after delivery of the Supplies.
5.3 Unless otherwise stated in the Purchase Order, Buyer shall pay invoices for the Supplies which are properly presented and not subject to dispute according to the terms stated in the Purchase Order. If no terms are stated in the Purchase Order, Buyer shall pay net sixty (60) days after the later of: (i) the Supplies being received and accepted at Buyer's facility, or (ii) Buyer's receipt of Seller's invoice.
5.4 Seller acknowledges and agrees that ▇▇▇▇▇▇’s financial condition, insolvency and/or failure to timely pay its suppliers or other creditors may create a disruption in the supply chain. In the event Buyer elects in its sole and absolute discretion to pay any of Seller’s obligations in order to avoid or cure a disruption in the flow of the Supplies to Buyer, Buyer shall have the right to withhold from and set off against any funds due to Seller from Buyer the aggregate amount paid in respect of Seller’s obligations and, if such right of setoff is insufficient for Buyer to immediately recover all such amounts, Seller shall pay to Buyer the remain...
Price; Payment Terms. Prices for the Goods and/or Services will be set out in the applicable Order. Price increases or charges not expressly set out in the Purchase Order shall not be effective unless agreed to in advance in writing by ▇▇▇▇▇. Supplier will issue all invoices on a timely basis. All invoices delivered by Supplier must meet Buyer’s requirements, and at a minimum shall reference the applicable Purchase Order. Buyer will pay the undisputed portion of properly rendered invoices thirty-five (35) days from the invoice date. Buyer shall have the right to withhold payment of any invoiced amounts that are disputed in good faith until the parties reach an agreement with respect to such disputed amounts and such withholding of disputed amounts shall not be deemed a breach of this Agreement nor shall any interest be charged on such amounts. Notwithstanding the foregoing, ▇▇▇▇▇ agrees to pay the balance of the undisputed amounts on any invoice that is the subject of any dispute within the time periods specified herein.
Price; Payment Terms. 5.1 The purchase price for the Supplies is set forth in the Order and is in U.S. Dollars unless otherwise stated. Unless otherwise stated in the Order, the purchase price: (i) is a firm fixed price for the duration of the Order and not subject to increase for any reason, including but not limited to increased raw material costs, increased labor or other manufacturing costs, increased development costs, currency fluctuations or changes in volumes or program length from those estimated or expected; (ii) is inclusive of all federal, state, provincial, value added and local taxes and any duties applicable to provision of the Supplies; and
Price; Payment Terms. The price for Product sold hereunder (the “Price”) shall be based on market-price bids from Gavilon’s customers, less (a) Logistics Costs and (b) the applicable Service Fee. Gavilon agrees to use commercially reasonable efforts to achieve the highest Price available under prevailing market conditions. Payments on all undisputed amounts shall be made within ten (10) business days from Gavilon’s receipt of the information set forth in Section 2.4. Payments shall be made via wire to a bank account specified by the Producer. * Portion omitted pursuant to request for confidential treatment filed separately with the Securities and Exchange Commission.
Price; Payment Terms. The price for Product sold hereunder (the “Price”) shall be based on market-price bids from Gavilon’s customers, less (a) Logistics Costs and (b) the applicable Service Fee. Gavilon agrees to use commercially reasonable efforts to achieve the highest Price available under prevailing market conditions. Payments on all undisputed amounts shall be made within ten (10) business days from Gavilon’s receipt of the information set forth in Section 2.4. Payments shall be made via wire to a bank account specified by the Producer.
Price; Payment Terms. The price stated in the order is binding. All prices are DDP (Incoterms 2010) to the destination stated in the order, are inclusive of packaging and are plus any applicable VAT, unless otherwise agreed.
Price; Payment Terms. 3.1 The price for any Product or Services, excluding sales or value added tax or any other tax, duty, levy or the like which may be added to the amounts owed by the Customer, shall be the price expressly agreed to by the Supplier in the Order Acknowledgement.
3.2 Unless otherwise expressly agreed, all prices quoted do not include any charges, fees, duties, tariffs related to shipping, transporting, carriage, stowage or storage of any Products purchased by Customer.
3.3 The Supplier may invoice the Customer at or any time after: for Products, the earlier of (i) the shipping of the Products or (ii) the Supplier informing the Customer the Products are ready for collection; and for Services, completion of the Services.
3.4 The Customer shall pay amounts due to the Supplier under this Agreement in good and collected funds or in cash and in full without any deduction or set off within the earlier of 30 days from the date of an invoice or the delivery of any Products, or the date on which any Products were made available to Customer for collection, or, in the case of Services, the date the Services are completed, except as otherwise agreed to in writing by the parties. Customer agrees to pay a service charge of 1-1/2% per month (i.e., 18% per annum) or the maximum rate permitted by applicable law from the date such amount is due until the amount and any service charge is paid in full. If, in Supplier’s sole and absolute discretion, the financial condition of the Customer at any time does not justify continuance of production or shipment of any Products or providing any Services in accordance with the terms of payment specified in the Agreement, Supplier may require full or partial payment in advance. Time is of the essence with respect to any payment required by Customer under the Agreement.
3.5 If the Customer prevents or delays delivery, installation or completion of any Product or Service then, in addition to any other rights the Supplier may have, Customer shall pay to Supplier any sums that have been pre-paid or any other amounts that have been paid on behalf of Customer by Supplier by no later than 30 days after the date which the Supplier notifies the Customer it is ready to effect such delivery, installation or completion (or 30 days after the date when the Supplier would have delivered or installed same or delivered or completed the Services but for being prevented by Customer or the Customer’s delay, if this is earlier) except as otherwise expressly agr...