Deductions from Invoice Clause Samples
The 'Deductions from Invoice' clause defines the circumstances under which a party, typically the buyer, may subtract certain amounts from the total invoiced by the seller. This may include deductions for returned goods, previously agreed discounts, or adjustments for defective products. By specifying allowable deductions and the process for making them, this clause helps prevent disputes over payment amounts and ensures both parties have a clear understanding of how final invoice totals are calculated.
Deductions from Invoice. AASTROM will promptly notify MOLL of any disputed invoice. It is the intention of the Parties tha▇ ▇▇sputed invoices will be settled by the Parties in good faith negotiations prior to the invoice due date. However, unless MOLL issues a credit memo, or unless AASTROM rightfully rejects Cell ▇▇▇settes or notifies MOLL of its acceptance of a partial shipment pursuant to Section 3(f), ▇ASTROM shall make full payment of MOLL invoices for accepted Cell Cassettes without deduction and rega▇▇▇▇ss of any claim, counterclaim or setoff AASTROM may have against MOLL, except as such setoff may otherwise be permitted under Appendi▇ ▇▇I, Section 3(f) or Section 12(d). Any such claim, counterclaim or setoff shall be resolved exclusively as a separate matter pursuant to Section 24, below.
Deductions from Invoice. AASTROM will promptly notify MSP of any disputed ----------------------- invoice. It is the intention of the Parties that disputed invoices will be settled by the Parties in good faith negotiations prior to the invoice due date. However, unless MSP issues a credit memo, or unless AASTROM rightfully rejects Cell Cassettes or notifies MSP of its acceptance of a partial shipment pursuant to Section 3(f), AASTROM shall make full payment of MSP invoices for accepted Cell Cassettes without deduction and regardless of any claim, counterclaim or setoff AASTROM may have against MSP, except as such setoff may otherwise be permitted under Appendix III, Section 3(f) or Section 12(d). Any such claim, counterclaim or setoff shall be resolved exclusively as a separate matter pursuant to Section 24, below.