Common use of Purchases and Payments Clause in Contracts

Purchases and Payments. 1.1 Customer may place an order (each, a "Purchase Order") with a Xxxxxxx Capital representative (each, a "Xxxxxxx Capital Representative") by telephone for the purchase, sale and delivery of Products which shall have the same effect as if the Purchase Order was made in writing. Customer's Purchase Order will be confirmed during a recorded confirmation with a Xxxxxxx Capital Representative to ensure the details of the Purchase Order are correct and will include the price, quantity, method of payment and delivery and other material terms of the Purchase Order. Purchase Orders for bullion cannot be accepted prior to Rosland’s receipt of good funds, and after receipt of such funds the final terms of the Purchase Order will be confirmed during a recorded confirmation with a Xxxxxxx Capital Representative. 1.2 Xxxxxxx Capital will send Customer a written confirmation of each Purchase Order (the "Confirmation") at the address provided by Customer to Xxxxxxx Capital. The amount due under the Purchase Order (the "Purchase Price") shall be due and payable in full to Xxxxxxx Capital within ten (10) business days of the recorded Confirmation, in the case of a transaction involving proof, semi-numismatic, numismatic or premium coins, and on or before the date of the recorded Confirmation, in the case of a transaction involving bullion (in either case, the "Payment Period"). Failure to pay the Purchase Price within the Payment Period shall constitute a default by Customer. Upon such default, Xxxxxxx Capital will be relieved of all its obligations under the Purchase Order and shall have such rights as are available under applicable law. Notwithstanding the foregoing provisions of 1.1 and 1.2, purchases made on-line at xxx.XxxxxxxXxxxxxx.xxx shall be subject to the payment provisions set forth on- line by Xxxxxxx Capital from time to time. 1.3 Customer agrees to pay the Purchase Price by personal check, credit card or bank wire (except that any payments for bullion shall be made by check or bank wire only). The Purchase Price specified in a Purchase Order shall include, without limitation, all shipping, handling, storage, delivery, taxes (including any sales, use or similar tax), assessments and other fees imposed on transactions involving the Products. All amounts stated in a Purchase Order are in U.S. Dollars and all payments made by Customer to Xxxxxxx Capital under a Purchase Order shall be made in the U.S. and in U.S. Dollars.

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

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Purchases and Payments. 1.1 Customer may place an order (each, a "Purchase Order") with a Xxxxxxx Capital representative (each, a "Xxxxxxx Capital Representative") by telephone for the purchase, sale and delivery of Products which shall have the same effect as if the Purchase Order was made in writing. Customer's Purchase Order will be confirmed during a recorded confirmation with a Xxxxxxx Capital Representative to ensure the details of the Purchase Order are correct and will include the price, quantity, method of payment and delivery and other material terms of the Purchase Order. Purchase Orders for bullion cannot be accepted prior to Rosland’s receipt of good funds, and after receipt of such funds the final terms of the Purchase Order will be confirmed during a recorded confirmation with a Xxxxxxx Capital Representative. 1.2 Xxxxxxx Capital will send Customer a written confirmation of each Purchase Order (the "Confirmation") at the address provided by Customer to Xxxxxxx Capital. The amount due under the Purchase Order (the "Purchase Price") shall be due and payable in full to Xxxxxxx Capital within ten (10) business days of the recorded Confirmation, in the case of a transaction transac- tion involving proof, semi-numismatic, numismatic or premium coins, and on or before the date of the recorded Confirmation, in the case of a transaction involving bullion (in either case, the "Payment Period"). Failure to pay the Purchase Price within the Payment Period shall constitute a default by Customer. Upon such default, Xxxxxxx Capital will be relieved of all its obligations under the Purchase Order and shall have such rights as are available under applicable law. Notwithstanding the foregoing provisions of 1.1 and 1.2, purchases made on-line at xxx.XxxxxxxXxxxxxx.xxx shall be subject to the payment provisions set forth on- on-line by Xxxxxxx Capital from time to time. 1.3 Customer agrees to pay the Purchase Price by personal check, credit card or bank wire (except that any payments for bullion shall be made by check or bank wire only). The Purchase Price specified in a Purchase Order shall include, without limitation, all shipping, handling, storage, delivery, taxes (including any sales, use or similar tax), assessments and other fees imposed on transactions involving the Products. All amounts stated in a Purchase Order are in U.S. Dollars and all payments made by Customer to Xxxxxxx Capital under a Purchase Order shall be made in the U.S. and in U.S. Dollars.

Appears in 1 contract

Samples: Customer Agreement

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Purchases and Payments. 1.1 Customer may place an order (each, a "Purchase Order") with a Xxxxxxx Capital representative (each, a "Xxxxxxx Capital Representative") by telephone for the purchase, sale and delivery of Products which shall have the same effect as if the Purchase Order was made in writing. Customer's Purchase Order will be confirmed during a recorded confirmation with a Xxxxxxx Capital Representative to ensure the details of the Purchase Order are correct and will include the price, quantity, method of payment and delivery and other material terms of the Purchase Order. Purchase Orders for bullion cannot be accepted prior to Rosland’s receipt of good funds, and after receipt of such funds the final terms of the Purchase Order will be confirmed during a recorded confirmation with a Xxxxxxx Capital Representative. 1.2 Xxxxxxx Capital will send Customer a written confirmation of each Purchase Order (the "Confirmation") at the address provided by Customer to Xxxxxxx Capital. The amount due under the Purchase Order (the "Purchase Price") shall be due and payable in full to Xxxxxxx Capital within ten (10) business days of the recorded Confirmation, in the case of a transaction involving proof, semi-numismatic, numismatic or premium coins, and on or before the date of the recorded Confirmation, in the case of a transaction involving bullion (in either case, the "Payment Period"). Failure to pay the Purchase Price within the Payment Period shall constitute a default by CustomerCustom- er. Upon such default, Xxxxxxx Capital will be relieved of all its obligations under the Purchase Order and shall have such rights as are available under applicable law. Notwithstanding the foregoing provisions of 1.1 and 1.2, purchases made on-line at xxx.XxxxxxxXxxxxxx.xxx shall be subject to the payment provisions set forth on- on-line by Xxxxxxx Capital from time to time. 1.3 Customer agrees to pay the Purchase Price by personal check, credit card or bank wire (except that any payments for bullion shall be made by check or bank wire only). The Purchase Price specified in a Purchase Order shall include, without limitation, all shipping, handling, storage, delivery, taxes (including any sales, use or similar tax), assessments and other fees imposed on transactions involving the Products. All amounts stated in a Purchase Order are in U.S. Dollars and all payments made by Customer to Xxxxxxx Capital under a Purchase Order shall be made in the U.S. and in U.S. Dollars.

Appears in 1 contract

Samples: Customer Agreement

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