Common use of PRICES; PAYMENT Clause in Contracts

PRICES; PAYMENT. Unless specifically held open for a length of time on Seller’s Quotation, all prices are subject to change without notice and any unshipped balances on purchase orders will be invoiced to and paid by Buyer at Seller’s prices in effect at the time of shipment. Seller makes no warranty with respect to price, and Seller shall be free to sell Articles to other buyers for a lower price than that charged to Buyer. All payments shall be due in full Net 30 days from the date of Seller’s invoice. Seller reserves the right to require full cash payment in advance or at the time of shipment whenever, for any reason, doubt as to Xxxxx’s financial responsibility develops, and Seller shall not in such event be liable for non-performance. A service charge shall be incurred if payment is received after the due date, calculated as one and one-half percent (1 1/2%) of the invoice amount for every thirty (30) days (or fraction thereof) from the due date. For example, if payment is received between one (1) and thirty (30) days from the due date, the service charge shall be calculated as one and one-half percent (1 1/2%) of the invoice amount; if payment is received between thirty-one (31) and sixty (60) days from due date, the service charge shall be calculated as three percent (3%) of the invoice amount; if payment is received between sixty-one (61) and ninety (90) days from due date, the service charge shall be calculated as four and one-half percent (4 1/2%) of the invoice amount. In addition to all other remedies available under this Agreement or at law (which Seller does not waive by the exercise of any rights hereunder), Seller shall be entitled to suspend the delivery of any Articles if Xxxxx fails to pay any amounts when due hereunder.

PRICES; PAYMENT. Unless specifically held open for a length of time on Seller’s Quotationquotation for Articles, all prices are subject to change without notice and any unshipped balances on purchase orders will be invoiced to and paid by Buyer at Seller’s prices in effect at the time of shipment. Seller makes no warranty with respect to price, and Seller shall be free to sell Articles to other buyers for a lower price than that charged to Buyer. All payments shall be due in full Net 30 days from the date of Seller’s invoice. Seller reserves the right to require full cash payment in advance or at the time of shipment whenever, for any reason, doubt as to Xxxxx’s financial responsibility develops, and Seller shall not in such event be liable for non-performance. A service charge shall be incurred if payment is received after the due date, calculated as (a) one and one-half percent (1 1/2%) of the invoice amount or (b) the highest rate allowed by applicable law, whichever is greater, for every thirty (30) days (or fraction thereof) from the due date. For example, if payment is received between one (1) and thirty (30) days from the due date, the service charge shall be calculated as one and one-half percent (1 1/2%) of the invoice amountamount (or such greater amount if allowed by applicable law); if payment is received between thirty-one (31) and sixty (60) days from due date, the service charge shall be calculated as three percent (3%) of the invoice amountamount (or such greater amount if allowed by applicable law); if payment is received between sixty-sixty- one (61) and ninety (90) days from due date, the service charge shall be calculated as four and one-half percent (4 1/2%) of the invoice amountamount (or such greater amount if allowed by applicable law). In addition to all other remedies available under this Agreement or at law (which Seller does not waive by the exercise of any rights hereunder), Seller shall be entitled to suspend the delivery of any Articles if Xxxxx fails to pay any amounts when due hereunder.