Common use of Prices, Terms of Payment Clause in Contracts

Prices, Terms of Payment. 3.1 The agreed prices are binding and are to be under- stood as DDP, excluding the value added tax applica- ble at the time of invoicing, and including any and all ancillary costs, such as packaging, transport, release, unloading, and insurance. If the parties have excep- tionally agreed to a delivery on the basis of EXW or FCA, the Supplier shall, at the request of the Pur- chaser, offer the transport of the Deliveries on the basis of the previous cost calculation, but at least on normal market conditions. 3.2 Without waiving any further legal requirements, the Supplier's claim for payment shall only become due for payment within 30 days after complete receipt of the Deliveries by the Purchaser and after receipt of a proper and verifiable invoice. If payment is made within 14 days, the Purchaser is entitled to a 3% discount. The receipt of a transfer order by the Purchaser's bank is sufficient for the timeliness of the transfer. The Sup- plier shall bear the bank charges and expenses. 3.3 All invoices must contain the following information in addition to the legal requirements: Order reference, or- der and material number, documents concerning the performance of services (handover certificate, delivery note, etc.), statement of statutory charges such as taxes, fees, customs duties, etc., indication of whether it concerns partial, sample, or remaining Deliveries, and the country of origin of each item of goods. 3.4 Payments made by the Purchaser shall not constitute acceptance of the Deliveries as being in accordance with the contract. 3.5 Without prejudice to the other legal requirements, the occurrence of the Purchaser's default in payment shall require a reminder from the Supplier, which shall be is- sued after the due date. 3.6 The assignment of any claims of the Supplier against the Purchaser arising from or in connection with the contractual relationship shall be excluded. 3.7 The Supplier shall only be entitled to rights of set-off and retention against claims of the Purchaser to the ex- tent that counterclaims against the Purchaser estab- lished with legally binding effect or undisputed, or in case the Supplier's claim which the Supplier intends to set-off is in a reciprocal relationship with the Purchas- er's claim against which the claim is to be set-off.

Prices, Terms of Payment. 3.1 The agreed prices are binding and are to be under- stood as DDP, excluding the value added tax applica- ble at the time of invoicing, and including any and all ancillary costs, such as packaging, transport, release, unloading, and insurance. If the parties have excep- tionally agreed to a delivery on the basis of EXW or FCA, the Supplier shall, at the request of the Pur- chaserPurchaser, offer the transport of the Deliveries on the basis of the previous cost calculation, but at least on normal market conditions. 3.2 Without waiving any further legal requirements, the Supplier's claim for payment shall only become due for payment within 30 120 days after complete receipt of the Deliveries by the Purchaser and after receipt of a proper prop- er and verifiable invoice. If payment is made within 14 days, the Purchaser is entitled to a 3% discount. The receipt of a transfer order by the Purchaser's bank is sufficient for the timeliness of the transfer. The Sup- plier Supplier shall bear the bank charges and expenses. If an advance payment was agreed between Purchaser and Supplier, it is necessary in any case that the Suppli- er provides an unlimited advance payment bank guar- xxxxx covering the invoice amount including VAT (if applicable). Thus the Supplier submits a draft of the bank guarantee to the Purchaser for approval. The final bank guarantee can be issued after receipt of Purchas- er`s confirmation. 3.3 All invoices must contain the following information in addition to the legal requirements: Order reference, or- der order and material number, documents concerning the performance of services (handover certificate, delivery note, etc.), statement of statutory charges such as taxestax- es, fees, customs duties, etc., indication of whether it concerns partial, sample, or remaining Deliveries, and the country of origin of each item of goods. 3.4 Payments made by the Purchaser shall not constitute acceptance of the Deliveries as being in accordance with the contract. 3.5 Without prejudice to the other legal requirements, the occurrence of the Purchaser's default in payment shall require a reminder from the Supplier, which shall be is- sued after the due date. 3.6 The assignment of any claims of the Supplier against the Purchaser arising from or in connection with the contractual relationship shall be excluded. 3.7 The Supplier shall only be entitled to rights of set-off and retention against claims of the Purchaser to the ex- tent that counterclaims against the Purchaser estab- lished with legally binding effect or undisputed, or in case the Supplier's claim which the Supplier intends to set-off is in a reciprocal relationship with the Purchas- er's claim against which the claim is to be set-off.

Prices, Terms of Payment. 3.1 The agreed prices are binding and are to be under- stood understood as DDP, excluding the value added tax applica- ble applicable at the time of invoicing, and including any and all ancillary costs, such as packaging, transport, release, unloading, and insurance. If the parties have excep- tionally exceptionally agreed to a delivery on the basis of EXW or FCA, the Supplier shall, at the request of the Pur- chaserPurchaser, offer the transport of the Deliveries on the basis of the previous cost calculationcalcu- lation, but at least on normal market conditions. 3.2 Without waiving any further legal requirements, the SupplierSup- plier's claim for payment shall only become due for payment pay- ment within 30 days after complete receipt of the Deliveries Deliv- eries by the Purchaser and after receipt of a proper and verifiable invoice. If payment is made within 14 days, the Purchaser is entitled to a 3% discount. The receipt of a transfer order by the Purchaser's bank is sufficient for the timeliness of the transfer. The Sup- plier Supplier shall bear the bank charges and expenses. 3.3 All invoices must contain the following information in addition ad- dition to the legal requirements: Order reference, or- der order and material number, documents concerning the performance perfor- xxxxx of services (handover certificate, delivery note, etc.), statement of statutory charges such as taxes, fees, customs duties, etc., indication of whether it concerns partial, sample, or remaining Deliveries, and the country of origin of each item of goods. 3.4 Payments made by the Purchaser shall not constitute acceptance of the Deliveries as being in accordance with the contract. 3.5 Without prejudice to the other legal requirements, the occurrence oc- xxxxxxxx of the Purchaser's default in payment shall require re- quire a reminder from the Supplier, which shall be is- sued issued after the due date. 3.6 The assignment of any claims of the Supplier against the Purchaser arising from or in connection with the contractual contrac- tual relationship shall be excluded. 3.7 The Supplier shall only be entitled to rights of set-off and retention against claims of the Purchaser to the ex- tent extent that counterclaims against the Purchaser estab- lished established with legally binding effect or undisputed, or in case the Supplier's claim which the Supplier intends to set-off is in a reciprocal relationship with the Purchas- erPurchaser's claim against which the claim is to be set-off.

Prices, Terms of Payment. 3.1 The agreed prices are binding and are to be under- stood understood as DDP, excluding the value added tax applica- ble applicable at the time of invoicing, and including any and all ancillary costs, such as packaging, transport, release, unloading, and insurance. If the parties have excep- tionally exceptionally agreed to a delivery on the basis of EXW or FCA, the Supplier shall, at the request of the Pur- chaserPurchaser, offer the transport of the Deliveries on the basis of the previous cost calculationcalcu- lation, but at least on normal market conditions. 3.2 Without waiving any further legal requirements, the Supplier's claim for payment shall only become due for payment within 30 120 days after complete receipt of the Deliveries by the Purchaser and after receipt of a proper and verifiable invoice. If payment is made within 14 days, the Purchaser is entitled to a 3% discount. The receipt of a transfer order by the Purchaser's bank is sufficient for the timeliness of the transfer. The Sup- plier Supplier shall bear the bank charges and expenses. If an advance payment was agreed between Purchaser and Supplier, it is necessary in any case that the Sup- plier provides an unlimited advance payment bank guarantee covering the invoice amount including VAT (if applicable). Thus the Supplier submits a draft of the bank guarantee to the Purchaser for approval. The final bank guarantee can be issued after receipt of Pur- chaser`s confirmation. 3.3 All invoices must contain the following information in addition ad- dition to the legal requirements: Order reference, or- der order and material number, documents concerning the performance perfor- xxxxx of services (handover certificate, delivery note, etc.), statement of statutory charges such as taxes, fees, customs duties, etc., indication of whether it concerns partial, sample, or remaining Deliveries, and the country of origin of each item of goods. 3.4 Payments made by the Purchaser shall not constitute acceptance of the Deliveries as being in accordance with the contract. 3.5 Without prejudice to the other legal requirements, the occurrence oc- xxxxxxxx of the Purchaser's default in payment shall require re- quire a reminder from the Supplier, which shall be is- sued issued after the due date. 3.6 The assignment of any claims of the Supplier against the Purchaser arising from or in connection with the contractual contrac- tual relationship shall be excluded. 3.7 The Supplier shall only be entitled to rights of set-off and retention against claims of the Purchaser to the ex- tent extent that counterclaims against the Purchaser estab- lished established with legally binding effect or undisputed, or in case the Supplier's claim which the Supplier intends to set-off is in a reciprocal relationship with the Purchas- erPurchaser's claim against which the claim is to be set-off.