Purchase Price and Payment Terms. The Customer shall pay to Elevator Contractor for the Work specified in paragraph one of this contract the sum of Twenty-Nine Thousand One Hundred Dollars ($29,100.00), plus the cost of any Customer Selected Options, the “Purchase Price”, in accordance with the following schedule: • $17,500.00, Plus the cost of any Customer Selected Options, (“First Payment”) shall be due upon contract signing. The first payment shall be considered a non-refundable deposit which shall become the property of Elevator Contractor should this contract be cancelled by the Customer at any time or should the Customer be in default of this Contract, and, if the Elevator Contractor’s reasonable and fully documented costs and expenses incurred in connection with this Contract exceed the non-refundable deposit amount, the Customer agrees to reimburse the Elevator Contractor for the excess. • $8,700.00, payment (“Second Payment”) of the Purchase Price shall be due upon delivery of the Goods to the Customer’s job location and prior to the commencement of installation. • $2,900.00, payment (“Third Payment”) of the Purchase Price shall be paid to Elevator Contractor when the installations of the Goods are substantially complete and prior to turnover to customer. Customer agrees to permit Elevator Contractor to commence installation within one week of Elevator Contractor’s receipt of equipment from the factory. If the installation is delayed, halted or interrupted for any other reason beyond the control of Elevator Contractor, (including but not limited to Customer not having permanent power at the installation site) the balance due, less the sum of one thousand dollars, is to be paid to Elevator Contractor at that time. The balance of one thousand dollars shall be paid by Customer to Elevator Contractor within 10 days of completion of installation. In the event the Customer fails to; (a) submit approved drawings for production of the Equipment (b) permit the Elevator Contractor to commence installation following receipt of equipment, (c) fails to or ensure work by others is completed in a timely manner to enable the Elevator Contractor to complete its work, (d) fails to make any payment when due, the Elevator Contractor shall be permitted to cease work and cancel the contract without further obligation or penalty. 8/11/2020 Page 1 of 6 Elevator Contractor Initial Customer Initial All payments are to be made payable to Florida Lifts LLC and sent to: Florida Lifts LLC X.X. Xxx 000000 Xxxxx...
Purchase Price and Payment Terms. 3.1 The Base Purchase Price for each Aircraft is * .
3.2 The Base Purchase Price shall be adjusted to determine the "Adjusted Base Purchase Price", as follows:
3.2.1 To include the cost of changes to the Customer Specification required by Buyer after the date hereof.
3.2.2 To include the cost of Regulatory Changes pursuant to the terms of Clause 2.3.2, except those paid directly by Buyer.
3.3 The Adjusted Base Purchase Price shall be adjusted to determine the "Purchase Price" to reflect changes in economic conditions * and (iii) the Adjusted Base Purchase Price shall not be adjusted for any period of delay of an Aircraft which is due to *
3.4 Buyer shall pay to Seller the Purchase Price for each Aircraft upon execution by Buyer of the Certificate of Acceptance for such Aircraft, provided, however, that with respect to any Aircraft delivered under a Lease Agreement, Buyer shall pay all amounts specified in the Lease Agreement due upon delivery of such Aircraft.
3.4.1 Subject to the conditions specified herein, the first Aircraft delivered under this Agreement shall be delivered to Buyer under a Lease Agreement. Buyer's obligation to pay the lease rentals due under such Lease Agreement shall be waived until the later of (i) March 1, 1997 or (ii) the date of completion of the J41 modification program currently being performed by Seller on Buyer's existing fleet of Jetstream 41 aircraft (the "Modification Program"), subject to the provisions of Section 3.4.2.
3.4.2 In the event the date of completion of the Modification Program is delayed due to reasons resulting from the acts or omissions of Buyer, the obligation to pay the lease rentals for such Aircraft shall occur on the date the Modification Program would have been completed if such acts or omissions of Buyer had not occurred.
3.5 Upon (i) delivery, acceptance and payment in full of the Purchase Price for each Aircraft in accordance with the terms of this Agreement, or, (ii) execution of a Lease Agreement on the Delivery Date for each Aircraft, *
3.6 All amounts payable by one party to the other pursuant to this Agreement shall be payable in U.S. Dollars in immediately available funds, by Federal Funds transfer or same day book entry transfer to the accounts specified in Exhibit E attached hereto.
Purchase Price and Payment Terms. The aggregate purchase price for all of the Assets (the "Purchase Price") shall be paid by the Purchaser to Sellers as follows:
(a) The sum of $400,000 shall be paid by Bennett to Morgan on the Closing Date by wire transfer of immediately xxxxxable xxxxx into the account set forth on Exhibit "D".
(b) The sum of $400,000 shall be paid by Bennett to Morgan on the 60th day following the Closing Date by wire xxxxxxxr of xxxxxiately available funds into an account specified by Sellers, with such sum reduced by any bond transfer amounts set forth in the final accounting of Bond Accounts to be provided by Morgan to Bennett within 45 days after the Closing Date and by anx xxxxts of xxx-xxf of Bennett under the set-off provisions of Section 6(g) hereof.
(c) Xxx xum of $200,000, payable with respect to the Wolff Agreement, shall be paid by Bennett to Morgan in three (3) insxxxxxents as follows: (i) $66,667 xxxxx be pxxx xx September 1, 2002; (ii) $66,667 shall be paid on October 1, 2002; and (iii) $66,666 shall be paid on November 1, 2002. Notwithstanding anything herein to the contrary, in the event that Wolff has not consented in writing to the assignment by the Sellers ox xxx Wolff Agreement to Purchaser or entered into a new employment agrexxxxx with Purchaser on or prior to the date set forth in this Section 2(c) for the payment of any installment, then one-half (1/2) of such installment shall be paid by Bennett to Morgan on the date set forth herein, so long as Wolff is xxxxxxxse sexxxxx as an employee or contractor of Bennett on xxxx date, and the balance of such installment shall be pxxxxx xn escrow. In the event that Wolff has not consented in writing to the assignment by the Sellers xx the Wolff Agreement to Purchaser or entered into a new employment xxxxxment with Purchaser on or prior to November 1, 2002, then all amounts placed in escrow pursuant to this Section 2(c) shall be immediately forfeited by Sellers and returned to Purchaser, and in the event that Wolff shall consent in writing to the assignment by the Sellers of thx Xxxff Agreement to Purchaser or shall enter into a new employment agrxxxxxt with Purchaser on or prior to November 1, 2002, then all remaining installments set forth in this Section 2(c) shall be paid on the dates set forth above and all amounts then held in escrow pursuant to this Section 2(c) shall immediately be released and paid to Sellers.
(d) The sum of $50,000 shall be paid by Bennett to Morgan as consideration for the nine ...
Purchase Price and Payment Terms. The Purchase Price shall be paid at the Close of Escrow as provided in the Recitals. The Purchase Price does not include Buyer’s closing costs, loan fees, escrow fees, title insurance policy fees, or any other costs and expenses not noted in the Recitals. The balance of cash due to Seller upon Close shall be paid by Cashier's Check payable to Escrow Holder or as directed in writing by Escrow Holder. Seller acknowledges receipt from Buyer of the Deposit set forth in the Recitals above made payable to Escrow Holder.
Purchase Price and Payment Terms. 5.1 Price list means a document prepared by the Seller which contains the price for an individual Goods in the Seller's offer specified as a unit price per unit, weight or volume (hereinafter referred to as also referred to as the "Price List"). The Seller shall have the right to unilaterally change the Price List with respect to the goods (to add a new type of goods or to narrow down a type of goods) or the price of the goods (price increase or decrease), in particular in the event of price changes on the part of suppliers Seller or for other operational reasons of the Seller. Seller's price list shall notify the Buyer via the B2B system and/or by email, whereby the Price List shall be deemed to have been received on the date of sending the email containing the Price List to the email address Buyer's email address and/or used by the Buyer.
5.2 The Buyer shall pay to the Seller the purchase price for the Goods delivered in the amount as set out in Price List, after taking into account the Buyer's individual discounts, which was last provided to the Buyer received as the current Price List prior to the Buyer's execution of the Order, or, if the Buyer specifies Goods in the Order the price of which is not set out in the Price List, the Buyer shall pay to the Seller the Purchase Price in an amount to be agreed between the parties following the execution of the Order by the Buyer (hereinafter also referred to as the "Purchase Price").
5.3 The Buyer shall pay the Purchase Price to the Seller on the basis of an invoice issued by Seller, which the Seller shall send by e-mail in electronic form. In the event that Buyer requests, the invoice will be given to the Buyer upon delivery of the Goods or which the Seller delivered to the Buyer at a later date in person, by a postal undertaking (hereinafter referred to as "Invoice"), such delivery being subject to a charge of EUR 2.00 (in words: two Euro and zero Eurocents) excluding VAT for each paper invoice. Invoice must contain the particulars according to the special legislation; if, according to the Buyer the invoice does not comply with these requirements, the Buyer is obliged to return it to the Seller immediately after its delivery, whereupon the Seller shall promptly correct the Invoice and deliver it to the Buyer. The Buyer expressly agrees that an Invoice that is missing the signature and/or Seller's stamp shall meet all required requirements for the purpose of payment of the Invoice requirements and shall not ...
Purchase Price and Payment Terms. The Customer shall pay to Elevator Contractor for the Work specified in paragraph one of this contract the sum of Twenty Nine Thousand Nine Hundred Dollars. ($29,900.00 the “Purchase Price”, in accordance with the following schedule $20,000.00., Plus the cost of any Customer Selected Options, (“first payment”) shall be due upon contract signing. Except as provided for in 10 of this Contract, the first payment shall be considered a non-refundable deposit which shall become the property of Elevator Contractor should this contract be cancelled by the Customer at any time or should the Customer be in default of this Contract, and, if the Elevator Contractor’s reasonable and fully documented costs and expenses incurred in connection with this Contract exceed the non-refundable deposit amount, the Customer agrees to reimburse the Elevator Contractor for the excess. $7,000.00, payment (“second payment”) of the Purchase Price shall be due upon delivery of the Goods to the Customer’s job location. $2,900.00., payment (“third payment”) of the Purchase Price shall be paid to Elevator Contractor when the installations of the Goods are complete. Customer agrees to permit Elevator Contractor to commence installation within one week of Elevator Contractor’s receipt of equipment from the factory. If the installation is delayed, halted or interrupted for any other reason beyond the control of Elevator Contractor, (including but not limited to Customer not having permanent power at the installation site) the balance due, less the sum of one thousand dollars, is to be paid to Elevator Contractor at that time. The balance of one thousand dollars shall be paid by Customer to Elevator Contractor within 10 days of completion of installation. All payments are to be made payable to Florida Lifts LLC and sent to: Florida Lifts LLC X.X. Xxx 000000 Xxxxxxx Xxxxx, XX. 33704-0708 Customer agrees to pay late fees at a rate of 1% per month on all amounts past due.
Purchase Price and Payment Terms. The Customer shall pay to Elevator Contractor for the Work specified in paragraph one of this contract the sum of Twenty-Seven Thousand Dollars ($27,000 ), plus the cost of any Customer Selected Options, the “Purchase Price”, in accordance with the following schedule: a. $17,000.00, Plus the cost of any Customer Selected Options, (“First Payment”) shall be due upon contract signing. Except as provided for in 10 of this Contract, the first payment shall be considered a non-refundable deposit which shall become the property of Elevator Contractor should this contract be cancelled by the Customer at any time or should the Customer be in default of this Contract, and, if the Elevator Contractor’s reasonable and fully documented costs and expenses incurred in connection with this Contract exceed the non-refundable deposit amount, the Customer agrees to reimburse the Elevator Contractor for the excess.
Purchase Price and Payment Terms. The purchase price for the Supply was set on the basis of the Seller’s bid submitted within the Tender Procedure as the maximum price that cannot be exceeded, in the amount of EUR 114.993,00 excl. VAT (hereinafter the “Purchase Price”). The Purchase Price is exclusive of VAT paid in the Czech Republic which will be paid by the Buyer. The Purchase Price includes all the costs related to the performance of the subject of this Contract. The Purchase Price for the subject of performance set out in Art. III. hereof is the maximum permissible price. The Purchase Price is independent of the development of prices and changes in the foreign exchange rates. The Purchase Price shall be due in two instalments: 20% of the Purchase Price shall be invoiced by the Seller upon execution of this Contract 80% of the Purchase Price shall be invoiced by the Seller upon issuance of the delivery note regarding the last delivered Substrate (s) according to art. 8.2 hereof. Invoices shall be payable within thirty (30) days from the date of their delivery to the Buyer (hereinafter the "Maturity Period"). Payment of the invoiced amount means the date of its remitting to the Seller’s account. In conformity with the applicable tax regulations of the Czech Republic, the tax documents – invoices issued by the Seller hereunder shall include particularly the following details: the business name/designation and registered office of the Buyer the tax identification number of the Buyer the business name/designation and registered office of the Seller the tax identification number of the Seller the registration number of the tax document the scope and object of the supply the date of issue of the tax document the date of the supply or the date of acceptance of the consideration, whichever is earlier, if it differs from the date of issue of the tax document the price of the supply a declaration that the charged supply is provided for the purposes of the "XXX: EXTREME LIGHT INFRASTRUCTURE – phase 2“ project, reg. No. CZ.02.1.01/0.0/0.0/15_008/0000162. and must also be in conformity with any double taxation treaties applicable to the given case. If a tax document – invoice is not issued in conformity with the payment terms stipulated by the Contract the Buyer is entitled to return the tax document – invoice to the Seller as incomplete, or incorrectly issued, for supplementation or issue of a new invoice, as appropriate, within five (5) business days of the date of its delivery to the Buyer. In t...
Purchase Price and Payment Terms. 12.1. Ascendis will pay to NOF the Purchase Price for Product. The Purchase Price for Product is listed in Appendix 2.
12.2. The agreed Purchase Price for Product is based on [***] and [***]. The Parties shall discuss in good faith whether the Purchase Price shall be adjusted if [***].
12.3. NOF’s price for the Services [***]. If NOF is obligated by law to charge any value added and/or similar tax to Ascendis, NOF shall ensure that if such value-added and/or similar tax is applicable, that it is invoiced to Ascendis in accordance with applicable rules so as to allow Ascendis to reclaim such value-added and/or similar tax from the appropriate government authority. Neither Party is responsible for taxes on the other Party’s income or the income of the other Party’s personnel or subcontractors. If Ascendis is required by government regulation to withhold taxes for which NOF is responsible, Ascendis will deduct such withholding tax from payment to NOF and Ascendis will provide to NOF a valid tax receipt in NOF’s name. If NOF is exempt from such withholding taxes as a result of a tax treaty or other regime, NOF shall provide to Ascendis a valid tax treaty residency certificate or other tax exemption certificate at a minimum of [***] prior to payment being due. Without prejudice to any existing remedy NOF may have at law or contract, if Ascendis fails to pay on the due date any undisputed amount which is payable to NOF hereunder, then NOF may charge Ascendis a late payment fee not to exceed [***] on any unpaid amounts each [***] (or part thereof) such payment is late or the highest interest rate permissible under applicable law, whichever is lower.
12.4. NOF shall invoice Ascendis for Product [***] or [***], whichever event comes first.
12.5. [***].
12.6. Payments by Ascendis will be made in [***] after receipt of invoice by Ascendis, [***]. Any invoices covered by credit insurance obtained by Ascendis will be payable [***].
Purchase Price and Payment Terms. 4.1. The purchase price is a fixed price. The purchase price includes the cost of packaging in accordance with sec. 2097 of the Civil Code, transportation to the place of delivery in accordance with delivery terms and testing of goods as specified and agreed in the Contract.
4.2. Seller may demand payment of the purchase price only against invoice issued after the goods were taken over by Xxxxx. The invoice due date shall be 60 calendar days following its receipt by Xxxxx.
4.3. The invoice must contain all the essentials of a tax document pursuant to Act No. 235/2004 Coll. and the number of Buyer’s purchase order.
4.4. If the invoice does not contain all the requisites according to Contract, or if any of the requisites are incorrect, Xxxxx may return the invoice to Seller no later than 10 calendar days of its receipt for the due completion or correction or both. The due date for payment of purchase price shall then commence anew from the date of receipt of the amended invoice by Xxxxx.
4.5. The due date of purchase price or its unpaid part shall be interrupted if Buyer makes any claim related to defect in the delivered goods as per Contract. The due date shall start to run again from the day when Xxxxx´s rights arising from defective performance have been duly satisfied.
