Common use of SETTLEMENT OF ACCOUNT Clause in Contracts

SETTLEMENT OF ACCOUNT. Provided that the Consignor has received payment in full from the buyer, the Consignee will, within twenty-one (21) business days of receipt of payment from the buyer, pay to the Consignor the net proceeds after deduction of applicable sales commissions and any other amounts owing to the Consignee by the Consignor.

SETTLEMENT OF ACCOUNT. Provided that the Consignor has received payment in full from the buyer, the Consignee will, within twenty-one fifteen (2115) business days of receipt of payment from the buyer, pay to the Consignor the net proceeds after deduction of applicable sales commissions and any other amounts owing to the Consignee by the Consignor.

SETTLEMENT OF ACCOUNT. Provided that the Consignor has received payment in full from the buyer, the Consignee will, within twenty-one fifteen (21) 15} business days of receipt of payment from the buyer, pay to the Consignor the net proceeds after deduction of applicable sales commissions and any other amounts owing to the Consignee by the Consignor.