TERMS OF PAYMENT. The bills of contractor shall be settled within a period of thirty days from the date of submission thereof if they are in accordance with the terms of the contract. The Company may demand any details, clarifications etc. before passing of the bills and release of payment. Distances verified by the committee of NFL, from various storage locations/Railways Station for operations at Railway station would be the basis for settling transport bills. Wherever the distances verified by NFL’s committee are not available, distance certificates issued by National Highways/State Highways Authorities, State Road Transport Corporation, Automobile Association of India or the shortest motorable distance as derived from Google Map shall be considered as the basis for release of payment. For all such cases Area In-charge shall authenticate the distances. The payment of Bills for movement of material will be settled at the Zonal Office of NFL. Contractor shall have to open account with the branch of a bank having core banking facility for electronic receipts and payments within fifteen days of award of contract.
TERMS OF PAYMENT. Unless otherwise agreed due date is 30 days from the date of invoice. Any credit shall be subject to Redan being satisfied with the Customer’s credit references, and Redan may (in its absolute discretion), refrain from delivering the Products until such time as Customer has complied with the payment requirements of Redan, such as payment in advance, and/ or payment of any outstanding amounts which may be due to Redan. All payments shall be made by bank wire transfer or direct debit without deduction of any transfer or debit fees in immediately available funds to the bank account set out in the relevant invoice. From due date an interest rate of: i) 2 % per month or ii) the highest rate allowable under applicable law, whichever the lesser, will be payable.
TERMS OF PAYMENT. 100% (one hundred percent) payment along with full taxes and duties (if any) shall be made after successful completion of the work in all respect and verification thereof by respective consignee and paying officer subject to availability of funds from Head Quarters office and against deposit of 03% security cum performance guarantee, Otherwise the same will be deducted from the final bill which will be released after completion of Guarantee period.
TERMS OF PAYMENT. Payment according to agreement. After date of maturity interest will be charged 1½% each month. The goods shall remain the undisputed property of AVK Plast A/S until the whole sum owing incl. interest and freight costs have been paid. If the seller judges that the buyer’s solvency has reduced after ordering, the seller has the right to demand payment before production or to demand irrevocable security for payment at maturity of the purchase price.
TERMS OF PAYMENT. 14 days net. If the time allowed for payment has been exceeded, 1.5% interest will be charged. All prices are based on current exhange rates and oil prices. Unforeseen dues and price increases will be charged separately. We stipulate a transport without let or hindrance as well as transporter’s possibility of efficient planning of loading and unloading hours. Spe- cial delivery requirements from consignee and extraor- dinary time for customs clearance within the EU will be charged separately.
TERMS OF PAYMENT. 17.1. 100% payment against each invoice will be made through RTGS/NEFT within 15- 20 days from the date of receipt of invoice with supporting docum ents as under: a) Set of Original + 2 copies of ink signed monthly Tax Invoice to be subm itted to Invoice Receiving Section along with Work Completion Certificate (W CC)
TERMS OF PAYMENT. 15.1. 100% will be made through RTGS/NEFT between 15-20 days for actual quantities of work executed and on submission of documents as given below.
TERMS OF PAYMENT. 5.1 Seller's payment terms are unless otherwise stated 30 days from invoice date.
TERMS OF PAYMENT. 5.1 The payment of amounts owed is considered to be on time if the payment is received 8 days at the latest after the date the invoice was issued.