Invoices; Quantities. Paddock shall submit invoices to Axcan Pharma for all shipments of Product hereunder upon delivery to Axcan Pharma’s carrier and, subject to paragraphs 2.8 and 4.12, such invoices shall be payable within thirty (30) days of the date on which the Product is shipped to Axcan Pharma. Invoices that are not paid within such thirty (30) day period shall be subject to a two percent (2%) interest charge on the late payment.
Appears in 2 contracts
Sources: Supply Agreement (Aptalis Holdings Inc.), Supply Agreement (Axcan Intermediate Holdings Inc.)