PURCHASE PRICE, INVOICING, PAYMENTS. The purchase price is based on the Seller’s submitted bid and amounts to ________ EUR (in words: ___________) (TO BE FILLED IN BY THE BIDDER) excluding VAT (hereinafter the “Price”). VAT shall be paid by the Buyer and settled in accordance with the valid Czech regulation. The Price represents the maximum binding offer by the Seller and includes any and all performance provided by the Seller in connection with meeting the Buyer’s requirements for the proper and complete delivery of the Equipment hereunder, as well as all costs that the Seller may incur in connection with the delivery, and including all other costs of expenses that may arise in connection with creation of an intellectual property and its protection. The Parties agreed that the Seller shall be entitled to invoice the Price as follows: The Seller is entitled to issue an advance invoice corresponding to 30 % of the Price excluding VAT after the conclusion of the Contract; The Seller is entitled to invoice the Price after the handover protocol in accordance with Section 10.4 will have been signed. In case the Equipment will be delivered with minor defects and / or unfinished work, the Price shall be invoiced after removal of these minor defects and / or unfinished work. All invoices issued by the Seller must contain all information required by the applicable laws of the Czech Republic. Invoices issued by the Seller in accordance with this Contract shall contain in particular following information: name and registered office of the Buyer, tax identification number of the Buyer, name and registered office of the Seller, tax identification number of the Seller, registration number of the tax document (invoice), scope of the performance (including the reference to this Contract), the date of the issue of the tax document (invoice), the date of the fulfilment of the Contract, purchase Price, registration number of this Contract, which the Buyer shall communicate to the Seller based on Seller’s request before the issuance of the invoice, declaration that the performance of the Contract is for the purposes of the project “Solid state physics for the 21st century (SOLID21)”, Reg. No. CZ.02.1.01/0.0/0.0/16_019/0000760 and must comply with the double taxation agreements, if applicable. The Buyer prefers electronic invoicing, with the invoices being delivered to xxxxxxxx@xxx.xx. All issued invoices shall comply with any international double taxation agreements, if applicable. Invoices shall be payable with...
PURCHASE PRICE, INVOICING, PAYMENTS. 5.1 The purchase price is based on the Seller’s submitted bid and amounts to 1,462,089.00 CZK (in words: One Million Four Hundred Sixty-Two Thousand Eighty-Nine Czech Korunas) excluding VAT (hereafter the “Price”). VAT shall be settled in accordance with the valid Czech regulation.
5.2 The Price includes any and all performance provided by the Seller in connection with meeting the Buyer’s requirements for the proper and complete delivery of the Equipment hereunder, as well as all costs that the Seller may incur in connection with the delivery, installation and testing of the Equipment upon handover, and including all other costs or expenses that may arise in connection with the performance of the Contract.
5.3 The Seller is entitled to invoice the Price after the handover protocol in accordance with Section 9.4 (hereafter the “Handover Protocol”) will have been signed. In case the Equipment will be delivered with minor defects, the Price shall be invoiced after removal of these minor defects.
5.4 All invoices issued by the Seller must contain all information required by the applicable laws of the Czech Republic. Mandatory invoice details are as follows:
5.4.1 name and registered office of the Buyer,
5.4.2 tax identification number of the Buyer,
5.4.3 name and registered office of the Seller,
5.4.4 tax identification number of the Seller,
5.4.5 registration number of the tax document (invoice),
5.4.6 scope of the performance (including the reference to this Contract),
5.4.7 the date of the issue of the tax document (invoice),
5.4.8 purchase Price,
5.4.9 the date of conclusion of the Contract and its registration number, which the Buyer shall communicate to the Seller based on Seller’s request before the issuance of the invoice, and it must comply with the double taxation agreements, if applicable.
5.5 The Buyer prefers electronic invoicing with the invoices being delivered to xxxxxxxx@xxx.xx.
5.6 Invoices shall be payable within thirty (30) days of the date of their delivery to the Buyer. Payment of the invoiced amount means the date of its remittance to the Seller’s account.
5.7 If an invoice is not issued in conformity with the payment terms stipulated by the Contract or if it does not comply with the requirements stipulated by law, the Buyer shall be entitled to return the invoice to the Seller as incomplete, or incorrectly issued, for correction or issuance of a new invoice, as appropriate, within five (5) business days of the date of its delivery to th...
PURCHASE PRICE, INVOICING, PAYMENTS. The total (maximum framework) purchase price for the subject matter of this Contract has been set forth on the basis of the Seller’s bid submitted within the Procurement Procedure in the amount of [.......................................] EUR excluding VAT (in words: [.........................................................................]
PURCHASE PRICE, INVOICING, PAYMENTS. 5.1 The purchase price for the Equipment is based on the Seller’s Bid and amounts to 1,445,000.00 USD (in words: one million four hundred forty five thousand) excluding VAT (hereinafter the “Price”). VAT shall be settled in accordance with the valid Czech regulation.
5.2 If due to reasons on the part of the Buyers, 10 man-days of technical assistance during installation check, commissioning and training calculated altogether is exceeded and/or any additional technical assistance may become necessary, the Buyers shall pay to Seller for each calendar-day a fee set forth in the Seller's Bid.
5.3 The Price includes any and all performance provided by the Seller in connection with the Contract incl. Annexes No. 1 and 2 for the proper and complete manufacture and handover of the Equipment hereunder, as well as all costs that the Seller may incur in connection with the checking of the installation performed by the Buyers prior to commissioning, training of the Equipment operators upon commissioning, and including all other costs or expenses that may arise in connection with creation of an intellectual property and its protection. The Buyers shall in due time provide Seller with reasonable access to the location for the performance of the services as set forth in this Contract.
5.4 The Parties agreed that the Seller shall be entitled to invoice the Price as follows:
5.4.1 Issue an advance invoice in the amount of 40 % of the Price excluding VAT after the conclusion of the Contract;
5.4.2 invoice 25 % of the Price excluding VAT 12 months after the conclusion of the Contract upon presentation of upon written confirmation that main components have been ordered and fabrication has been started;
5.4.3 invoice 25 % of the Price excluding VAT upon presentation of the protocol of successfully performed FAT (acceptance protocol) and
5.4.4 invoice 10 % of the Price excluding VAT upon presentation of the documentation of the completed commissioning of the Equipment at the Site.
5.5 All invoices issued by the Seller must comply with the double taxation agreements, if applicable, and must contain:
5.5.1 name and registered office of MFF UK,
5.5.2 tax identification number of MFF UK, 5.5.3 name and registered office of the Seller,
PURCHASE PRICE, INVOICING, PAYMENTS. 5.1 The purchase price is based on the Seller’s submitted bid and amounts to 32,940 USD (in words: thirty two thousand nine hundred and forty dollars) excluding VAT (hereinafter the “Price”). VAT shall be paid by the Buyer and settled in accordance with the valid Czech regulation.
5.2 The Price represents the maximum binding offer by the Seller and includes any and all performance provided by the Seller in connection with meeting the Buyer’s requirements for the proper and complete delivery of the Equipment hereunder, as well as all costs that the Seller may incur in connection with the delivery, and including all other costs of expenses that may arise in connection with creation of an intellectual property and its protection.
5.3 The Seller is entitled to invoice the Price after the acceptance protocol in accordance with Section
PURCHASE PRICE, INVOICING, PAYMENTS.
6.1. The total (maximum) purchase price for the subject of this Contract has been set forth on the basis of the Seller’s bid submitted within the Procurement Procedure in the amount not exceeding the maximum possible amount of 7.342.013 CZK excluding VAT (in words: seven million, three hundred forty-two thousand, thirteen Czech Korunas excluding VAT) and VAT in the amount of 1.541.823 CZK (in words: one million, five hundred forty-one thousand, eight hundred twenty three Czech Korunas) according to the 21 % VAT rate, i.e. 8.883.836 CZK including VAT (in words: eight million, eight hundred eighty-three thousand, eight hundred thirty-six Czech Korunas including VAT); (hereinafter the “Purchase Price”). VAT shall be imposed on top of all payments made hereunder according to valid legislation.
6.2. The Purchase Price cannot be exceeded, and may be changed only in accordance with the Act on Public Procurement.
6.3. The Purchase Price shall cover any and all performance provided by the Seller hereunder and include all of the Seller’s activities executed and all of the Seller’s costs accrued or
6.4. The respective part of Purchase Price corresponding to the relevant partial deliverable shall be calculated on the basis of unit prices as follows: CZK 18.310,115 598,91
6.5. The Purchase Price or its parts shall be paid in CZK, according to the actual scope of the partial deliverables on the basis of tax documents – invoices, to the account of the Seller designated in Article 1.2 hereof.
6.6. With respect to the above, the Parties have agreed that the Purchase Price or its parts shall be paid by the Buyer and that the Seller shall be authorized to invoice the Purchase Price according to the actual scope of the partial deliverables while the amount to be paid by the Buyer based on the invoice shall not exceed the relevant part of the Purchase Price calculated on the basis of unit prices.
6.7. The Seller is entitled to issue any invoice no sooner than on the moment the corresponding part of the Object of Purchase is duly delivered to and taken over by the Buyer as confirmed by the relevant Handover Protocol. All invoices issued hereunder shall become due within thirty (30) days from the date of their delivery to the Buyer (hereinafter the "Due Date").
