Invoicing and Payment Terms. 10.1. Unless otherwise agreed, invoicing shall be made separately for each order, specifying the order number.
Invoicing and Payment Terms. After the signed offer has been sent back, the exhibitor will receive an invoice, which must be paid in full without any deduction no later than 6 weeks before the start of the event. Invoices issued after this date are due immediately. The exhibitor is obliged to pay all costs for ancillary services and additional orders upon invoicing, whereby the organizer is also entitled to request advance payments for these services. In any case, an invoice can stipulate different terms of payment and payment dates that are binding for the exhibitor. The timely payment of the invoice is a prerequisite for the handover of the allocated stand. If the invoice amount has not been received by the organizer by the due date, the organizer is entitled to assign the allocated stand to a third party and to charge the exhibitor for cancellation fees, without setting a further deadline, in accordance with point 5. Objections to the invoice must be made within 8 days of receipt, otherwise the invoice is deemed to have been approved by the exhibitor. In the event of default in pay- ment, the organizer can charge a default interest of 12% p.a. from the due date as well as € 40.00 flat rate for reminder fees. In addition, the exhibitor is obliged to reimburse the organizer for the reminder and collection costs. This does not affect the litigation and enforcement costs set by the courts. If the invoice is issued to another invoice recipient, the exhibitor must ensure that it is paid on time and is obliged to pay the fee immediately if the other invoice recipient is in default. The exhibitor is not entitled to withhold payment of due invoices due to counterclaims - of whatever kind -, to refuse payment or to offset against it.
Invoicing and Payment Terms. Invoices shall be submitted separately in triplicate. Turnover tax is to be indicated separately. Invoices have to be sent out at the latest 30 days after the work or delivery has been accomplished. In the case of contracts of unlimited duration, invoices for the current year have to be sent in by December at the latest. Payment and discount periods shall begin on receipt of the invoice. Payment shall be deemed to have been made upon receipt of the transfer order by the Principal’s execu- tive bank. Payment does not signify confirmation that the Contractor has fulfilled its contractual obligations.