Prices and Terms of Payment Sample Clauses
Prices and Terms of Payment. 3.1 The Total Purchase Price (inclusive of any tax payable) shall be paid in accordance with the payment schedule set forth in Appendix B of this Agreement.
3.2 In the event that the Purchaser fails to fully settle the respective percentage of the Total Purchase Price before the prescribed deadlines and fails to make a written request to Bitmain no less than 5 business days prior to the prescribed deadline and obtain Bitmain’s written consent, Bitmain shall be entitled to terminate this Agreement and the Purchase shall be liable for a reasonable liquidated damage (not a penalty) of [20]% of the purchase price of such batch of Products. If there are any remaining balance after deducting the liquidated damage, such remaining balance shall be refunded to the Purchase free of any interest. If the Purchaser fails to pay the down payment on a timely basis and Bitmain has arranged production or procurement, Bitmain shall be entitled to request the Purchaser to be responsible for the loss related to such production or procurement.
3.3 The Parties understand and agree that the applicable prices of the Product(s) are inclusive of applicable bank transaction fee, but are exclusive of any and all applicable import duties, taxes and governmental charges. The Purchaser shall pay or reimburse Bitmain for all taxes levied on or assessed against the amounts payable hereunder. If any payment is subject to withholding, the Purchaser shall pay such additional amounts as necessary, to ensure that Bitmain receives the full amount it would have received had payment not been subject to such withholding.
Prices and Terms of Payment. (a) In consideration of the sale of Products and/or the performance of Services by Signify, Customer shall pay all prices and fees (“Prices”) in accordance with the Agreement and this section 2. Prices are in euro and unless agreed otherwise based on Ex Works – Signify facility (INCOTERMS latest version). Unless stipulated otherwise by the applicable INCOTERMS, Prices do not include any taxes, duties or other governmental fees, now or hereafter enacted, including value-added or similar taxes levied by any government, and Signify may add these to the Price or invoice separately, and Customer will reimburse Signify promptly on first request.
(b) Subject to notice to Customer, Signify reserves the right to adjust Prices for Products and/or Services not yet delivered or performed to reflect variations in individual costs of more than five percent (5%) including any foreign exchange rate fluctuations, raw materials and other costs of manufacturing and distribution, and labor costs, that take effect between the date of the Agreement and delivery of Products and/or performance of Services. In addition, if an Agreement has a term longer than twelve (12) months, Signify may adjust Prices as of each 1st April (i) for the change in the most recently published producer price index (PPI) compared to twelve (12) months earlier; and (ii) to reflect variations in the foreign exchange rate between the foreign currency and the Euro currency of more than 5% since the date of an Offer.
(c) Any cancellation, delay or other change by Customer of a purchase order previously accepted by Signify will require the prior approval of Signify and the approval will be without prejudice to any rights or remedies Signify may have under the Agreement or at law. If, on request of Customer, Signify agrees to any such change in purchase order or a change in an Agreement, including an (partial) cancellation, delay or suspension, the addition, omission, alteration, substitution or modification of the design, quality, standard, quantity, manufacturing site or performance (including sequence, quantities or timing) of Products and/or Services (each, a “Variation”), or a Variation is required due to (i) changes in applicable laws, regulations or industry standards, (ii) emergency situations, (iii) incorrect or incomplete information provided by Customer, or (iv) non-compliance by Customer of any of its obligations under an Agreement, Customer shall reimburse Signify for all costs and expenses incur...
Prices and Terms of Payment. 3.1 The Purchaser shall pay the Total Purchase Price in accordance with Appendix A of this Agreement.
3.2 The Parties understand and agree that the applicable prices of the Product(s) are inclusive of applicable bank transaction fees, export duties, but are exclusive of any and all applicable import duties, taxes and governmental charges. The Purchaser shall pay or reimburse Bitmain for all taxes levied on or assessed against the amounts payable hereunder. If any payment is subject to withholding, the Purchaser shall pay such additional amounts as necessary, to ensure that Bitmain receives the full amount it would have received had payment not been subject to such withholding.
Prices and Terms of Payment. 3.1 Unless agreed otherwise in writing, prices exclude packing, freight, insurance and any other additional charges (such as storage, inspections by third parties). The price payable by the Customer under this Contract shall be referred to in this Contract as the “Contract Price”.
3.2 The Contract Price is exclusive of any indirect taxes (such as property, license, sales, use, value added or similar tax) and/or any duties, customs or public charges related to the Contract. The Customer agrees to pay or reimburse Siemens for any taxes, customs, duties or other public charges levied on Siemens in relation to the Supplies. All payments shall be made to Siemens’ bank account without deduction (e.g. deduction of withholding tax) within 30 days after issuance of the invoice. If the Customer is required to make a deduction by law, the sum payable shall be increased so that Siemens receives a net amount equal to the amount it would have received without such deduction. The Customer shall provide to Siemens tax receipts from the relevant tax authorities in connection with the payments in due course.
3.3 Without prejudice to any other rights it may have, Siemens may charge interest at 9 percentage points above the current base lending rate of the European Central Bank on any overdue payments.
3.4 Each party must pay all sums that it owes to the other party under this Contract free and clear without any set-off, counterclaim, deduction or withholding of any kind, save as agreed otherwise in writing or as may be required by law.
Prices and Terms of Payment. 3.1 Unless agreed otherwise in writing, prices exclude packing, freight, insurance and any other additional charges (such as storage, inspections by third parties). The price payable by the Customer for the Works under this Contract shall be referred to in this Contract as the “Contract Price”.
3.2 Unless expressly stated otherwise, if Siemens undertakes any erection, assembly, installation, commissioning or testing of the Works or a part of the Works outside Siemens’ own premises (“Works on Site”), the Customer shall bear all incidental costs, such as travel expenses, daily allowances, in addition to the Contract Price.
3.3 The Contract Price is exclusive of any indirect taxes (such as property, license, sales, use, value added or similar tax) and/or any duties, customs or public charges related to the Contract. The Customer agrees to pay or reimburse Siemens for any taxes, customs, duties or other public charges levied on Siemens in relation to the Works. All payments shall be made to Siemens’ bank account without deduction (e.g. deduction of withholding tax) within 30 days after issuance of the invoice. If the Customer is required to make a deduction by law, the sum payable shall be increased so that Siemens receives a net amount equal to the amount it would have received without such deduction. The Customer shall provide to Siemens tax receipts from the relevant tax authorities in connection with the payments in due course.
3.4 For all payment obligations of the Customer towards Siemens under this Contract, the Customer shall provide Siemens with an irrevocable and unconditional letter of credit (referred to as “L/C”) in favor of Siemens, in the amount of all of the Customer’s payment obligations, allowing partial and trans-shipments as well as partial drawings, to be opened at the date of Contract signature at the order of the Customer by a first-class international bank acceptable to Siemens. The L/C shall be issued in a form and on terms satisfactory to Siemens and be advised and confirmed by a first class bank of Siemens’ choice. The L/C shall be payable at sight and be available at the counters of the advising or confirming bank respectively against presentation of the commercial invoices or advance payment invoices issued by Siemens. The L/C shall be amended as required to cover any price adjustments. All expenses, commissions and charges arising in connection with the L/C shall be borne by the Customer. The Customer shall indemnify Siemens for a...
Prices and Terms of Payment. 3.1. MIKROS will invoice the Client for the prices quoted in respect of Services to be provided at the times set out in the relevant Quote or Contract for Services. Unless otherwise mutually agreed in writing, XXXXXX’s quoted prices are for services and materials requiring standard procedures based upon the use of MIKROS facilities and personnel during normal working hours.
3.2. XXXXXX shall be entitled to make an adjustment to any quoted prices in the event that additional costs are incurred, or likely to be incurred, by reason of:
3.2.1. the Client Materials (or any part thereof) being, in the reasonable opinion of MIKROS, in any way defective, in an unsuitable format (or a different format to that which MIKROS is expecting to receive the same) or of unsuitable quality for normal processing;
3.2.2. any information supplied by the Client or any third party in connection with this Agreement and the Services being inaccurate or incomplete, or failing to give MIKROS a full and accurate indication of the work involved and/or time and resources required;
3.2.3. changes by the Client or any third party in its requirements for the Services or Works;
3.2.4. exceptional circumstances outside the control of MIKROS, including currency fluctuations and changes in third party costs; or
3.2.5. failure to timely provide any final instructions or Client approvals.
3.3. Subject to clause 3.4 and unless otherwise agreed by XXXXXX in writing, all invoices rendered by MIKROS are payable within 30 days of the date of invoice.
3.4. MIKROS expressly reserves the right, at its sole option, to require payment by instalments during the performance of this Agreement and/or to require payment of all amounts due to MIKROS in respect of Works to be provided prior to delivery of such Works.
Prices and Terms of Payment. (a) In consideration of the sale of Products and/or the performance of Services by Signify, Customer shall pay all prices and fees (“Prices”) in accordance with the Agreement and this section 2. Prices are in Australian Dollars and unless agreed otherwise based on Ex Works – Signify facility (INCOTERMS latest version). Unless stipulated otherwise by the applicable INCOTERMS, Prices do not include any taxes, duties or other governmental fees, now or hereafter enacted, including value-added or similar taxes levied by any government, and Signify may add these to the Price or invoice separately, and Customer will reimburse Signify promptly on first request.
(b) Subject to notice to Customer, Signify reserves the right to adjust Prices for Products and/or Services not yet delivered or performed to reflect variations in individual costs of more than five percent (5%) including any foreign exchange rate fluctuations, raw materials and other costs of manufacturing and distribution, and labor costs, that take effect between the date of the Agreement and delivery of Products and/or performance of Services. In addition, if an Agreement has a term longer than twelve (12) months, Signify may adjust Prices as of each 1st April (i) for the change in the most recently published central bank spot fixing index compared to twelve (12) months earlier; and
Prices and Terms of Payment. The Supplier shall be entitled to the prices set out in Appendix C.1. The prices set out shall, in accordance with DAP INCOTERMS 2020, include all costs of packaging, pallets, administration, insurance, documentation, etc., to be paid by the Sup- plier. All taxes, duties and government charges, that the Supplier is obligated to pay in accord- ance with DAP INCOTERMS 2020, or otherwise in connection with the Agreement, including custom, however exclusive of Danish VAT (in Danish: Moms), shall be included in the prices. The prices set out in Appendix C.1 shall be subject to price adjustments in accordance with Appendix F.
Prices and Terms of Payment. The prices stated are fixed and include all taxes, charges and duties payable up to and including delivery. Payment shall be effected within ninety (90) days from date of complete and successful delivery of Products (including Documents to be provided by Seller) and the receipt of correct invoice. In case of delayed payment, Seller shall notify Hexatronic thereof and Hexatronic shall thereafter expedite the payment. In case of further delay, Seller shall be entitled to claim interest on the delayed amount in accordance with the Swedish Code of Interest, provided however, that the total interest Seller is entitled to exceeds SEK 1000.
Prices and Terms of Payment. 3.1 Unless agreed otherwise in writing, Prices exclude additional charges (such as storage, inspections by third parties). The price payable by the Customer under this Contract shall be referred to in this Contract as the “Contract Price”.
3.2 Unless otherwise stated in the offer, the Contract Price is exclusive of any indirect taxes (such as property, license, sales, use, value added or similar tax) and/or any duties, customs or public charges related to the Contract. The Customer agrees to pay or reimburse Siemens for any taxes, customs, duties or other public charges levied on Siemens in relation to the Supplies. All payments shall be made to Siemens’ bank account without deduction unless such deduction is imposed by law, within 30 days after issuance of the invoice. The Customer shall provide to Siemens tax receipts from the relevant tax authorities in connection with the payments in due course.
3.3 Without prejudice to any other rights it may have, Siemens may charge interest at 5 percent per annum on any overdue payments.
3.4 Each party must pay all sums that it owes to the other party under this Contract free and clear without any set-off, counterclaim, deduction or withholding of any kind, save as agreed otherwise in writing or as may be required by law.