PRICES; PAYMENT. Prices and payment terms are stated on the Order or invoice document. Seller may make partial shipments and payment for that portion will be due as indicated on the Order or invoice document based on time of shipment. Seller’s prices do not include sales, use, excise, or other similar taxes and Xxxxx agrees to pay the amount of any present or future such tax in addition to the price specified in each Order, unless Buyer, at the time of sale, provides Seller with all tax-exemption certificates required by taxing authorities. If Seller has any cause to question Xxxxx’s ability to perform, Seller may demand such assurances of Buyer’s performance as Seller deems necessary in its discretion, including payment in advance for all shipments. If (A) Buyer fails to provide Seller with such assurance within ten (10) calendar days of Seller’s demand, or (B) Buyer is declared bankrupt or insolvent or any proceeding is brought against Buyer, voluntarily or involuntarily, under any bankruptcy or insolvency laws, or (C) Buyer fails to make payment for Goods when due, Seller may suspend its performance, cancel any Order then outstanding, receive reimbursement for its reasonable and proper cancellation charges and collect any sums due and owing, its reasonable cancellation charges and all damages resulting from Xxxxx’s default. Additionally, if Buyer fails to make payment for Goods when due, Xxxxx’s account will be deemed delinquent and Buyer will be liable to Seller for a service charge of eighteen percent (18%) per annum or the maximum allowed by law, whichever is greater, on any unpaid amount. Buyer will be liable to Seller for all costs and expenses of collection, including court costs and reasonable attorneys’ fees.
PRICES; PAYMENT. All prices are calculated on the basis of Goods as measured and weighed at the departure point. Except as may be otherwise expressly provided in Order Confirmation, prices are net cash, and Customer shall pay all taxes and charges for transportation, insurance, shipping, storage, handling, demurrage and similar items. Any increase in any such charges that becomes effective after the date of Order Confirmation shall be borne by Customer. Invoice payment shall be made net cash, without any deductions, within 30 days from the day of Delivery, unless the due date of the invoice payment is a bank holiday in the country of the receiving bank, in that case the invoice payment shall be made the last working day preceding the due date of the invoice payment. If Customer is subject to bankruptcy or insolvency proceedings, then Seller shall not be bound by the period of payment stated above: payment shall be made in cash either prior to the dispatch of Goods or prior to their manufacture. If Customer fails to pay on the due date, then Customer shall be obligated to pay, ipso jure and without prior notification, (i) interest at a rate of 2% above EURIBOR three months in effect at the date of the invoice beginning from the due date, and (ii) a fixed compensation amounting to 10% of the invoice amount as a damage provision without prejudice to any other rights of Seller caused by said payment failure. Any delay in the payment or in the execution of any obligation entered into by Customer or where Seller has a doubt as to Customer’s solvency or credit worthiness and Customer is not prepared to effect advance cash payment or provide Seller with security as requested, then Seller shall have the right to cancel the contract or retain that portion of the contract which it has not yet performed without Customer’s consent; it shall also result in all sums due which are to be paid by Customer, even those which have not yet matured, becoming immediately payable without notification on the part of Seller. Seller reserves the right to compensate Customer’s debts and/or to use payments for the settlement of the invoices which have been outstanding longer than 30 days plus any interest on arrears and costs accrued thereon, in the following order: costs, interest, invoice amounts. Customer shall not be entitled either to withhold payments or to proceed to any compensation even in such circumstances in case of dispute. In any event, in the event of payment delay, Customer shall not be...
PRICES; PAYMENT. 8.1. Unless provided otherwise in the purchase order issued by Signify, title in the Goods shall pass to Signify at the time risk is transferred to Signify pursuant to the applicable Incoterm.
8.2. All prices quoted in the Agreement shall be fixed prices. Supplier warrants that such prices are not in excess of the lowest prices charged by Supplier to other similarly situated customers for similar quantities of Goods or Services of like kind and quality.
(i) All prices are gross amounts but exclusive of any value added tax (VAT), sales tax, GST (Goods and Services Tax), consumption tax or any other similar tax only.
(ii) If the transactions as described in the Agreement are subject to any applicable VAT, sales tax, GST, consumption tax or any other similar tax, Supplier may charge VAT, sales tax, GST (Goods and Services Tax), consumption tax or any other similar tax to Signify, which shall be paid by Signify in addition to the prices quoted. Supplier is responsible for paying any applicable VAT, sales tax, GST (Goods and Services Tax), consumption tax or any other similar tax to the appropriate (tax) authorities. At or after the time delivery has been completed as per Clause 4 but ultimately within six months from delivery, Supplier shall issue an invoice meeting all applicable legal and fiscal requirements and which in any event shall contain: (i) name, address and VAT registration code of Signify, (ii) name, address and VAT registration code of Supplier, (iii) Supplier invoice reference number, (iv) the Signify purchase order number,
PRICES; PAYMENT. 2.1. Unless otherwise agreed by the Parties in writing, prices for Products and Services are net cash, and the Buyer shall pay all taxes and charges for transportation, insurance, shipping, custom clearance, storage, handling, demurrage and similar items. Any increase in any such charges that becomes effective after the date of Order Confirmation shall be borne exclusively by the Buyer.
2.2. If Order Confirmation deals with Products, all prices are calculated on the basis of the Products as measured and weighed at the departure point.
2.3. The price includes standard packaging. Any other packing or outer packaging will be subject to additional charges to the Buyer.
2.4. Unless otherwise agreed in writing by the Parties, invoice payments shall be made net cash, without any deductions, within thirty (30) days following the date of the invoice issued by Pennakem. Invoice shall be sent by Pennakem on the date of Delivery.
2.5. If the Buyer is subject to bankruptcy or insolvency proceedings, then Pennakem shall not be bound by the period of payment stated above and payment shall be made in cash either prior to the dispatch of the Products (or prior to their manufacture at the sole discretion of Pennakem) or the performance of the Services.
2.6. If the Buyer fails to pay on the due date, the Buyer shall be obligated to pay, unless otherwise agreed in writing by the Parties, ipso jure and without prior notification, interest at the rate of US Prime (with a floor of zero) + six (6) % as from the due date of the invoice until complete payment, without prejudice to any other rights of Pennakem.
0.0. Xx the event of payment delay or late performance by Buyer of any of its obligations, Pennakem shall have the right to terminate the Contract or to suspend the performance of that portion of the Contract which it has not yet performed without the Buyer's consent; it shall also result in all sums due which are to be paid by the Buyer, even those which have not yet matured, becoming immediately payable without notification on the part of Pennakem.
2.8. Pennakem shall have the right to compensate the Buyer's debts and/or to use payments for the settlement of the invoices which have been outstanding longer than thirty (30) days plus any interest on arrears and costs accrued thereon, in the following order: costs, interest, invoiced amounts.
2.9. The Buyer shall not be entitled either to withhold payments or to proceed to any compensation set off even in case of dispute with ...
PRICES; PAYMENT. Unless specifically held open for a length of time on Seller’s Quotation, all prices are subject to change without notice and any unshipped balances on purchase orders will be invoiced to and paid by Buyer at Seller’s prices in effect at the time of shipment. Seller makes no warranty with respect to price, and Seller shall be free to sell Articles to other buyers for a lower price than that charged to Buyer. All payments shall be due in full Net 30 days from the date of Seller’s invoice. Seller reserves the right to require full cash payment in advance or at the time of shipment whenever, for any reason, doubt as to Xxxxx’s financial responsibility develops, and Seller shall not in such event be liable for non-performance. A service charge shall be incurred if payment is received after the due date, calculated as one and one-half percent (1 1/2%) of the invoice amount for every thirty (30) days (or fraction thereof) from the due date. For example, if payment is received between one (1) and thirty (30) days from the due date, the service charge shall be calculated as one and one-half percent (1 1/2%) of the invoice amount; if payment is received between thirty-one (31) and sixty (60) days from due date, the service charge shall be calculated as three percent (3%) of the invoice amount; if payment is received between sixty-one (61) and ninety (90) days from due date, the service charge shall be calculated as four and one-half percent (4 1/2%) of the invoice amount. In addition to all other remedies available under this Agreement or at law (which Seller does not waive by the exercise of any rights hereunder), Seller shall be entitled to suspend the delivery of any Articles if Xxxxx fails to pay any amounts when due hereunder.
PRICES; PAYMENT. 8.1. Unless otherwise agreed upon, title to the Goods shall pass to NOVALED at the time risk is transferred to NOVALED pursuant to the applicable Incoterm.
8.2. All prices quoted in the Agreement shall be fixed prices and include all parts of Goods and services. Statutory taxes on the prices shall be specified as to their type and amount and shown separately.
8.3. At the time of delivery or performance of service, but ultimately within two months from delivery, Supplier shall issue a separate invoice to NOVALED’s Finance Department meeting all applicable legal and fiscal requirements and which shall contain: (a) full company name and full company address of NOVALED, (b) the NOVALED Purchase Order number, and (c) all information that allows NOVALED to take advantage of any applicable “input” tax deduction. In addition, Supplier shall inform NOVALED whether NOVALED is allowed to apply for an exemption if and to the extent allowed under applicable law in such specific situation.
8.4. Any license fees shall be included in the price.
8.5. Subject to the acceptance of the Goods without reservation by NOVALED, payment shall be made within sixty (60) days from the end of the month of the receipt of the correct invoice in accordance with Section 8.3 in the proper form. In case of payment within thirty (30) days from receipt of the invoice, NOVALED shall be entitled to deduct a 2% discount from the invoice amount.
8.6. If Supplier fails to fulfil any of its obligations under the Agreement, NOVALED may suspend payment to Supplier upon notice to Supplier.
8.7. NOVALED shall not be obligated to perform in person but may also be allowed to perform through a third party determined by NOVALED.
PRICES; PAYMENT. The purchase price of the Materials will be as stated in the relevant sales order(s). All prices are exclusive of, and Buyer shall pay, any taxes which are payable on the sale of the Materials/services other than federal or state income taxes of Seller, unless Buyer first provides to Seller a valid tax exempt certificate. All sales orders are subject to credit approval by Seller. Unless specified otherwise in the relevant sales order(s), Buyer shall pay all amounts due for the Materials within 30 days from the date of the relevant invoice, provided that Seller may require pre-payment of all or part of the purchase price. All past due amounts shall bear interest at the lower of 1½% monthly (18% annually) or the maximum amount allowed by applicable law. If Buyer fails to make payments or otherwise breaches the Agreement. Seller, may, at its option, by written notice to Buyer, terminate the Agreement or defer shipments or performance.
PRICES; PAYMENT. 8.1. Unless provided otherwise in the purchase order issued by Signify, title in the Goods shall pass to Signify at the time risk is transferred to Signify pursuant to the applicable Incoterm.
8.2. All prices quoted in the Agreement shall be fixed prices. Supplier warrants that such prices are not in excess of the lowest prices charged by Supplier to other similarly situated customers for similar quantities of Goods or Services of like kind and quality.
(i) All prices are gross amounts but exclusive of any value added tax (VAT), sales tax, GST (Goods and Services Tax), consumption tax or any other similar tax only.
(ii) If the transactions as described in the Agreement are subject to any applicable VAT, sales tax, GST, consumption tax or any other similar tax, Supplier may charge VAT, sales tax, GST (Goods and Services Tax), consumption tax or any other similar tax to Signify, which shall be paid by Signify in addition to the prices quoted. Supplier is responsible for paying any applicable VAT, sales tax, GST (Goods and Services Tax), consumption tax or any other similar tax to the appropriate (tax) authorities. At or after the time delivery has been completed as per Clause 4 but ultimately within six months from delivery, Supplier shall issue an invoice meeting all applicable legal and fiscal requirements and which in any event shall contain: (i) name, address and VAT registration code of Signify, (ii) name, address and VAT registration code of Supplier, (iii) Supplier invoice reference number, (iv) the Signify purchase order number, (v) Supplier invoice date, (vi) amount payable and (vii) applicable currency. Supplier shall send the invoice to Signify according to the instructions as set forth on the purchase order.
8.4. Any license fees shall be included in the price.
8.5. Subject to the acceptance of the Goods, Services and/or Work Product by Signify, and unless provided otherwise in the purchase order of Signify, payment shall be made within ninety-five (95) days end of month from the receipt of the correct invoice to the extent allowed under applicable mandatory law, all in accordance with Clause 8.3 in the proper form. Signify performs its payment runs three times per month.
8.6. If Supplier fails to fulfill any of its obligations under the Agreement, Signify may suspend payment to Supplier upon notice to Supplier.
8.7. Supplier hereby unconditionally accepts that Signify and any of the Signify Affiliates shall at all times have the right to set-off...
PRICES; PAYMENT. 3.1 The prices agreed are firm prices. Within the European Union (EU), the prices shall be deemed as agreed to be DDU. However, outside of the EU, the prices shall be deemed to be agreed DDP (INCOTERMS 2000). The prices shall be deemed to include packaging and to be excluding statutory value added tax. All other local taxes or fees assessed or levied on the Buyer are to be borne by the Supplier. The Buyer shall be entitled to withhold any applicable withholding taxes from payments.
3.2 Cost estimates, offers, or both, shall be legally binding and free of charge, unless anything otherwise has been agreed in writing. If Supplier has assumed the assembly or the installation, Supplier shall bear all necessary ancillary expenses unless otherwise agreed.
3.3 Invoices are paid by the Buyer at the 1st or 15th or on the subsequent working day of a month. Without specific agreement, Buyer pays (Payment Term), either within 60 days without deduction or within 21 days minus a cash discount of 3 %, upon receipt of invoice and upon delivery, respectively fulfillment of the Scope of Work. The payment is made with the reservation of invoice verification. Possibly agreed and rendered installments shall not be deemed as an admission of the statement of account.
3.4 In the event of acceptance of premature deliveries, the Payment Term shall be based on the originally agreed delivery date.
PRICES; PAYMENT. Prices for all Ordered Items will be as stated in the Purchase Order, and include all applicable federal, state, provincial and local taxes; provided, however, that in no event will the price charged by Seller under the Agreement be less favorable than the lowest price charged by Seller to other customers purchasing similar or lesser quantities of the Ordered Items. Payment terms for all Ordered Items will be as stated in the Purchase Order. Buyer shall be entitled to set off any amounts owing at any time from Seller to Buyer or any of its affiliated companies against any amount payable at any time by Buyer or such affiliates in connection with the Agreement.
