Common use of Reimbursable Transaction Clause in Contracts

Reimbursable Transaction. The Supplying Party shall submit Invoices to the Receiving Party after delivery or performance of the LSSS. Both Parties shall provide for the payment of all transactions, and each Party shall invoice the other Party at least once every three (3) months for all transactions not previously invoiced. Invoices shall be accompanied by necessary support documentation and shall be paid within sixty (60) days of the date prepared and entered upon the invoice. Payment shall be made in the currency of the Supplying Party or as otherwise agreed in the Order. In pricing a reimbursable transaction, the Parties agree to the following reciprocal pricing principles: 5.1.1.1. In the case of a specific acquisition by the Supplying Party from its contractors on behalf of a Receiving Party, the price shall be no less favorable than the price charged the military forces by the contractor of the Supplying Party for identical items or services, less any amounts excluded by Article 6 of this Agreement. The price charged may take into account differentials due to delivery schedules, points of delivery, and other similar considerations. 5.1.1.2. In the case of transfer from the Supplying Party's own resources, the Supplying Party shall charge the same price charged its own military forces for identical LSSS, as of the date delivery or performance occurs, less amounts excluded by Article VI of this Agreement. In any case where a price has not been established or charges are not made for one's own military forces, the Parties shall agree on a price in advance, reflecting reciprocal pricing principles, excluding charges that are precluded under these same reciprocal pricing principles.

Reimbursable Transaction. The Supplying supplying Party shall submit Invoices to the Receiving receiving Party after delivery or performance of the LSSSlogistic support, supplies, and services. Both Parties shall provide for the payment of all transactions, transactions and each Party shall invoice the other Party at least once every three (3) months for all completed transactions not previously invoiced. Invoices shall be accompanied by necessary support documentation and shall be paid within sixty 30sixty (60) days of the date prepared and entered upon the invoice. Payment shall be made in the currency of the Supplying Party or as otherwise agreed in the Order. In pricing a reimbursable transaction, the Parties agree to the following reciprocal pricing principles: 5.1.1.1. (1) In the case of a specific acquisition by the Supplying supplying Party from its contractors on behalf of a Receiving receiving Party, the price shall be no less favorable than the price charged the military armedmilitary forces by the contractor of the Supplying supplying Party for identical items or services, less any amounts excluded by Article 6 VI of this Agreement. The price charged may take into account differentials due to delivery schedules, points of delivery, and other similar considerations. 5.1.1.2. (2) In the case of transfer Transfer from the Supplying supplying Party's ’s own resources, the Supplying supplying Party shall charge the same price charged it charges its own military forces for identical LSSSlogistic support, supplies, and services, as of the date delivery or performance occurs, less amounts excluded by Article VI of this Agreement. In any case where a price has not been established or charges are not made for one's ’s own military forces, the Parties shall agree on a price in advance, reflecting reciprocal pricing principles, excluding charges that are precluded under these same reciprocal pricing principles. However, in the case of items, the price shall be no less than the supplying Party’s acquisition cost.

Reimbursable Transaction. The Supplying Party shall submit Invoices to the Receiving Party after delivery or performance of the LSSSLogistic Support, Supplies, and Services. Both Parties shall provide for the payment of all transactions, and each Party shall invoice the other Party at least once every three (3) months for all transactions not previously invoiced. Invoices shall be accompanied by necessary support documentation and shall be paid within sixty (60) days of the date prepared and entered upon the invoice. Payment shall be made in the currency of the Supplying Party or as otherwise agreed in the Order. In pricing a reimbursable transaction, the Parties agree to the following reciprocal pricing principles: 5.1.1.1. (1) In the case of a specific acquisition by the Supplying Party from its contractors on behalf of a Receiving Party, the price shall be no less favorable than the price charged the military forces by the contractor of the Supplying Party for identical items or services, less any amounts excluded by Article 6 VI of this Agreement. The price charged may take into account differentials due to delivery schedules, points of delivery, and other similar considerations. 5.1.1.2. (2) In the case of transfer Transfer from the Supplying Party's ’s own resources, the Supplying Party shall charge the same price charged its own military forces for identical LSSSLogistic Support, Supplies, and Services, as of the date delivery or performance occurs, less amounts excluded by Article VI of this Agreement. In any case where a price has not been established or charges are not made for one's ’s own military forces, the Parties shall agree on a price in advance, reflecting reciprocal pricing principles, excluding charges that are precluded under these same reciprocal pricing principles.