Common use of Storage Fees Clause in Contracts

Storage Fees. Goods ready for dispatch and not released by Buyer may be subject to monthly storage fees at a minimum rate of two percent (2%) of the Goods value. Additionally, if Buyer requests deferral of shipment, or fails to provide information, material or documentation required by this Agreement and as a result Goods are placed in storage, storage fees will commence immediately following the scheduled ship date unless extended in writing. These charges will be invoiced to Buyer separately from the actual shipment and shall be paid in full by Buyer within thirty (30) days of date of invoice.

Storage Fees. Goods ready for dispatch and not released by Buyer may be subject to monthly storage fees at a minimum rate of two percent (2%) of the Goods value. Additionally, if Buyer requests deferral of shipment, or fails to provide information, material or documentation required by this Agreement and as a result Goods are placed in storage, storage fees will commence immediately following the scheduled ship date unless extended in writing. These charges will be invoiced to Buyer separately from the actual shipment and shall be paid in full by Buyer within thirty (30) days of date of invoice. If credit is not approved, payment shall be due upon delivery.