Common use of Xxxxxxxx and Payments Clause in Contracts

Xxxxxxxx and Payments. BROKER A is authorized to, and shall be responsible for, billing and collection from shippers, consignees, and third parties responsible for payment of its charges. BROKER A shall pay BROKER B for agreed upon charges (commissions and carrier charges as specified by rate schedule or load confirmations, which are hereby incorporated by reference) within 30 days of receipt of BROKER B’S invoice and proof of delivery. BROKER B shall pay the motor carrier(s) as required under its written contract(s) with such carrier(s) regardless of whether BROKER A timely pays BROKER B. In the event that payments to carrier(s) are not made in accordance with the payment terms of the BROKER B/carrier agreement(s), and the carrier is in compliance with that agreement, BROKER A may pay the delivering carrier(s) directly upon written notification to BROKER B and, in so doing, shall discharge its entire obligation to pay BROKER B. BROKER B shall not xxxx or collect freight charges from BROKER A’S customer/shippers, consignees, or other parties responsible for payment, provided BROKERA has complied with the terms of this Agreement.

Appears in 2 contracts

Samples: Co Broker Agreement, Co Broker Agreement

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Xxxxxxxx and Payments. BROKER A is authorized to, and shall be responsible for, billing and collection from shippers, consignees, and third parties responsible for payment of its charges. BROKER A shall pay BROKER B for agreed upon charges (commissions and carrier charges as specified by rate schedule or load confirmations, which are hereby incorporated by reference) within 30 23 days of receipt of BROKER B’S ’s invoice and proof of delivery. BROKER B shall pay the motor carrier(s) carrier(s)/railroads as required under its written contract(s) with such carrier(s) regardless of whether BROKER A timely pays BROKER B. In the event that payments to carrier(s) are not made in accordance with the payment terms of the BROKER B/carrier agreement(s), and the carrier is in compliance with that agreement, BROKER A may pay the delivering carrier(s) directly upon written notification to BROKER B and, in so doing, shall discharge its entire obligation to pay BROKER B. BROKER B shall not xxxx bill or collect freight charges from BROKER A’S customer's customers/shippers, consignees, or other parties responsible for payment, provided BROKERA BROKER A has complied with the terms of this Agreement.

Appears in 2 contracts

Samples: Co Brokerage Agreement, Co Brokerage Agreement

Xxxxxxxx and Payments. BROKER A is authorized to, and shall be responsible for, billing and collection from shippers, consignees, and third parties responsible for payment of its charges. BROKER A shall pay BROKER B for agreed upon charges (commissions and carrier charges as specified by rate schedule or load confirmations, which are hereby incorporated by reference) within 30 days of receipt of BROKER B’S ’s invoice and proof of delivery. BROKER B shall pay the motor carrier(s) carrier(s)/railroads as required under its written contract(s) with such carrier(s) regardless of whether BROKER A timely pays BROKER B. In the event that payments to carrier(s) are not made in accordance with the payment terms of the BROKER B/carrier agreement(s), and the carrier is in compliance with that agreement, BROKER A may pay the delivering carrier(s) directly upon written notification to BROKER B and, in so doing, shall discharge its entire obligation to pay BROKER B. BROKER B shall not xxxx or collect freight charges from BROKER A’S customer's customers/shippers, consignees, or other parties responsible for payment, provided BROKERA BROKER A has complied with the terms of this Agreement.

Appears in 1 contract

Samples: Co Brokerage Agreement

Xxxxxxxx and Payments. BROKER A is authorized to, and shall be responsible for, billing and collection from shippers, consignees, and third other parties responsible for payment of its charges. BROKER A shall pay BROKER B for agreed upon charges (commissions and carrier charges as specified by rate schedule or load confirmations, which are hereby incorporated by reference) within 30 days of receipt of BROKER B’S ’s invoice and proof of delivery. BROKER B shall pay the motor carrier(s) carrier(s)/railroads as required under its written contract(s) with such carrier(s) regardless of whether BROKER A timely pays BROKER B. In the event that payments to carrier(s) are not made in accordance with the payment terms of the BROKER B/carrier agreement(s), and the carrier is in compliance with that agreement, BROKER A may pay the delivering carrier(s) directly upon written notification to BROKER B and, in so doing, shall discharge its entire obligation to pay BROKER B. BROKER B shall not xxxx or collect freight charges from BROKER A’S customer's customers/shippers, consignees, or other parties responsible for payment, provided BROKERA BROKER A has complied with the terms of this Agreement.

Appears in 1 contract

Samples: Co Brokerage Agreement

Xxxxxxxx and Payments. BROKER A is authorized to, and shall be responsible for, billing and collection from shippers, consignees, and third other parties responsible for payment of its charges. BROKER A shall pay BROKER B for agreed upon charges (commissions and carrier charges as specified by rate schedule or load confirmations, which are hereby incorporated by reference) within 30 forty-five (45) days of receipt of BROKER B’S ’s invoice and proof of delivery. BROKER B shall pay the motor carrier(s) carrier(s)/railroads/ocean/air as required under its written contract(s) with such carrier(s) regardless of whether BROKER A timely pays BROKER B. In the event that payments to carrier(s) are not made in accordance with the payment terms of the BROKER B/carrier agreement(s), and the carrier is in compliance with that agreement, BROKER A may pay the delivering carrier(s) directly upon written notification to BROKER B and, in so doing, shall discharge its entire obligation to pay BROKER B. BROKER B shall not xxxx bill or collect freight charges from BROKER A’S customer's customers/shippers, consignees, or other parties responsible for payment, provided BROKERA BROKER A has complied with the terms of this Agreement.

Appears in 1 contract

Samples: Transportation Agreement

Xxxxxxxx and Payments. BROKER A is authorized to, and shall be responsible for, billing and collection from shippers, consignees, and third other parties responsible for payment of its charges. BROKER A shall pay BROKER B for agreed upon charges (commissions and carrier charges as specified by rate schedule or load confirmations, which are hereby incorporated by reference) within 30 forty-five (45) days of receipt of BROKER B’S ’s invoice and proof of delivery. BROKER B shall pay the motor carrier(s) carrier(s)/railroads as required under its written contract(s) with such carrier(s) regardless of whether BROKER A timely pays BROKER B. In the event that payments to carrier(s) are not made in accordance with the payment terms of the BROKER B/carrier agreement(s), and the carrier is in compliance with that agreement, BROKER A may pay the delivering carrier(s) directly upon written notification to BROKER B and, in so doing, shall discharge its entire obligation to pay BROKER B. BROKER B shall not xxxx or collect freight charges from BROKER A’S customer's customers/shippers, consignees, or other parties responsible for payment, provided BROKERA BROKER A has complied with the terms of this Agreement.

Appears in 1 contract

Samples: Co Brokerage Agreement

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Xxxxxxxx and Payments. BROKER A is authorized to, and shall be responsible for, billing and collection from shippers, consignees, and third parties responsible for payment of its charges. BROKER A shall pay BROKER B for agreed upon charges (commissions and carrier charges as specified by rate schedule or load confirmations, which are hereby incorporated incorpo- rated by reference) within 30 23 days of receipt of BROKER B’S ’s invoice and proof of delivery. BROKER B shall pay the motor carrier(s) carrier(s)/railroads as required under its written contract(s) with such carrier(s) regardless of whether BROKER A timely pays BROKER B. In the event that payments to carrier(s) are not made in accordance with the payment terms of the BROKER B/carrier agreement(s), and the carrier is in compliance with that agreement, BROKER A may pay the delivering carrier(s) directly upon written notification to BROKER BRO- KER B and, in so doing, shall discharge its entire obligation to pay BROKER B. BROKER B shall not xxxx or collect freight charges from BROKER A’S customer’s customers/shippers, consignees, or other parties responsible for payment, provided BROKERA BROKER A has complied with the terms of this Agreement.

Appears in 1 contract

Samples: Co Brokerage Agreement

Xxxxxxxx and Payments. BROKER A is authorized to, and shall be responsible for, billing and collection from shippers, consignees, and third parties responsible for payment of its charges. BROKER A shall pay BROKER B for agreed upon charges (commissions and carrier charges as specified by rate schedule or load confirmations, which are hereby incorporated by reference) within 30 23 days of receipt of BROKER B’S ’s invoice and proof of delivery. BROKER B shall pay the motor carrier(s) carrier(s)/railroads as required under its written contract(s) with such carrier(s) regardless of whether BROKER A timely pays BROKER B. In the event that payments to carrier(s) are not made in accordance with the payment terms of the BROKER B/carrier agreement(s), and the carrier is in compliance with that agreement, BROKER A may pay the delivering carrier(s) directly upon written notification to BROKER B and, in so doing, shall discharge its entire obligation to pay BROKER B. BROKER B shall not xxxx or collect freight charges from BROKER A’S customer’s customers/shippers, consignees, or other parties responsible for payment, provided BROKERA BROKER A has complied with the terms of this Agreement.

Appears in 1 contract

Samples: Co Brokerage Agreement

Xxxxxxxx and Payments. BROKER A is authorized to, and shall be responsible for, billing and collection from shippers, consignees, and third parties responsible for payment of its charges. BROKER A shall pay BROKER B for agreed upon charges (commissions and carrier charges as specified by rate schedule or load confirmations, which are hereby incorporated by reference) within 30 29 days of receipt of BROKER B’S ’s invoice and proof of delivery. BROKER B shall pay the motor carrier(s) carrier(s)/railroads as required under its written contract(s) with such carrier(s) regardless of whether BROKER A timely pays BROKER B. In the event that payments to carrier(s) are not made in accordance with the payment terms of the BROKER B/carrier agreement(s), and the carrier is in compliance with that agreement, BROKER A may pay the delivering carrier(s) directly upon written notification to BROKER B and, in so doing, shall discharge its entire obligation to pay BROKER B. BROKER B shall not xxxx or collect freight charges from BROKER A’S customer's customers/shippers, consignees, or other parties responsible for payment, provided BROKERA BROKER A has complied with the terms of this Agreement.

Appears in 1 contract

Samples: Co Brokerage Agreement

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