Common use of Purchase Price and Payment Terms Clause in Contracts

Purchase Price and Payment Terms. The Customer shall pay to Elevator Contractor for the Work specified in paragraph one of this contract the sum of Twenty-Seven Thousand Dollars ($27,000 ), plus the cost of any Customer Selected Options, the “Purchase Price”, in accordance with the following schedule: a. $17,000.00, Plus the cost of any Customer Selected Options, (“First Payment”) shall be due upon contract signing. Except as provided for in 10 of this Contract, the first payment shall be considered a non-refundable deposit which shall become the property of Elevator Contractor should this contract be cancelled by the Customer at any time or should the Customer be in default of this Contract, and, if the Elevator Contractor’s reasonable and fully documented costs and expenses incurred in connection with this Contract exceed the non-refundable deposit amount, the Customer agrees to reimburse the Elevator Contractor for the excess.

Appears in 2 contracts

Samples: Contract for Installation of Vertical Platform Lift, Contract for Installation of Vertical Platform Lift

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Purchase Price and Payment Terms. The Customer shall pay to Elevator Contractor for the Work specified in paragraph one of this contract the sum of Twenty-Seven Thousand Nine Hundred Dollars ($27,000 27,900.00), plus the cost of any Customer Selected Options, the “Purchase Price”, in accordance with the following schedule: a. $17,000.0016,800.00, Plus the cost of any Customer Selected Options, (“First Payment”) shall be due upon contract signing. Except as provided for in 10 of this Contract, the The first payment shall be considered a non-refundable deposit which shall become the property of Elevator Contractor should this contract be cancelled by the Customer at any time or should the Customer be in default of this Contract, and, if the Elevator Contractor’s reasonable and fully documented costs and expenses incurred in connection with this Contract exceed the non-refundable deposit amount, the Customer agrees to reimburse the Elevator Contractor for the excess.

Appears in 1 contract

Samples: Contract for Installation of Vertical Platform Lift

Purchase Price and Payment Terms. The Customer shall pay to Elevator Contractor for the Work specified in paragraph one of this contract the sum of Twenty-Seven Eight Thousand Nine Hundred Dollars ($27,000 28,900.00 ), plus the cost of any Customer Selected Options, the “Purchase Price”, in accordance with the following schedule: a. $17,000.0017,400.00, Plus the cost of any Customer Selected Options, (“First Payment”) shall be due upon contract signing. Except as provided for in 10 of this Contract, the The first payment shall be considered a non-refundable deposit which shall become the property of Elevator Contractor should this contract be cancelled by the Customer at any time or should the Customer be in default of this Contract, and, if the Elevator Contractor’s reasonable and fully documented costs and expenses incurred in connection with this Contract exceed the non-refundable deposit amount, the Customer agrees to reimburse the Elevator Contractor for the excess.

Appears in 1 contract

Samples: Installation Agreement

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Purchase Price and Payment Terms. The Customer shall pay to Elevator Contractor for the Work specified in paragraph one of this contract the sum of Twenty-Seven Thousand Dollars ($27,000 54,000 ), plus the cost of any Customer Selected Options, the “Purchase Price”, in accordance with the following schedule: a. $17,000.0034,000.00, Plus the cost of any Customer Selected Options, (“First Payment”) shall be due upon contract signing. Except as provided for in 10 of this Contract, the first payment shall be considered a non-refundable deposit which shall become the property of Elevator Contractor should this contract be cancelled by the Customer at any time or should the Customer be in default of this Contract, and, if the Elevator Contractor’s reasonable and fully documented costs and expenses incurred in connection with this Contract exceed the non-refundable deposit amount, the Customer agrees to reimburse the Elevator Contractor for the excess.

Appears in 1 contract

Samples: Contract for Installation of Vertical Platform Lifts

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