Invoice Payment Terms definition
Invoice Payment Terms means, with respect to any Receivable, the number of days following the date of the related original invoice by which such Receivable is required to be paid in full, as set forth in such original invoice.
Invoice Payment Terms means, with respect to any Receivable, the number of days following the date of the related original invoice by which such Receivable is required to be paid in full, as set forth in such original invoice. “JPMorgan” means JPMorgan Chase Bank, N.A. in its individual capacity and its successors and assigns. “Late Charge Proxy” means, at any time of determination, the estimated aggregate outstanding late charges owing by Obligors with respect to the outstanding Receivables, as reasonably determined from time to time by the Agent. As of the Closing Date, the “Late Charge Proxy” shall be $300,000 and such amount may be updated, from time to time, by the Agent in connection with any audit or field examination of the Receivables upon not less than five (5) Business Days’ notice to the Seller and the Servicer, but not more than once quarterly (unless an Amortization Event or Potential Amortization Event has occurred and is continuing). “Level I Ratings Event” means, at any time of determination, one or more of the following events has occurred and is continuing: (i) S&P’s credit rating for CEG’s long-term senior unsecured and uncredit-enhanced debt securities is below BBB-, (ii) Moody’s credit rating for CEG’s long-term senior unsecured and uncredit-enhanced debt securities is below Baa3, (iii) CEG does not have a credit rating by S&P for its long-term senior unsecured and uncredit-enhanced debt securities or (iv) CEG does not have a credit rating by Moody’s for its long-term senior unsecured and uncredit-enhanced debt securities. “Level II Ratings Event” means, at any time of determination, one or more of the following events has occurred and is continuing: (i) S&P’s credit rating for CEG’s long-term senior unsecured and uncredit-enhanced debt securities is below BB, (ii) Moody’s credit rating for CEG’s long-term senior unsecured and uncredit-enhanced debt securities is below Ba2, (iii) CEG
Invoice Payment Terms. [up to 7/30/60/90/180 days] Discount Rate: [ %] [Maturity Date: Maturity Date + [ ] days, unless otherwise requested by the Seller. In no event will the Discount Maturity Date fall more than [ ] days after the Maturity Date.] Adjustment Rate: [ %]
Examples of Invoice Payment Terms in a sentence
I understand and acknowledge that Company does all in its power to timely collect funds and cannot be held accountable if any violations of Invoice Payment Terms happen, outside of Company’s control and are caused, directly or indirectly, by Customer.
Invoice requirements are currently as follows: Invoice Number, Invoice Date, Purchase Order Number, Unit Price, Quantity and Unit of Measure, Total Invoice Price, Ship-To Location Name and/or code, Receipt of Goods/Services, Invoice Payment Terms.
Whenever and wherever possible, Company’s fund collection is as in Invoice Payment Terms.