LOGISTICS PAYMENT Clause Samples
The LOGISTICS PAYMENT clause defines the terms and conditions under which payments related to logistics services are to be made between the parties. It typically outlines the payment schedule, acceptable methods of payment, and any requirements for invoicing or supporting documentation. For example, it may specify that payment for shipping or warehousing services is due within a certain number of days after receipt of an invoice. This clause ensures that both parties have a clear understanding of their financial obligations regarding logistics, reducing the risk of disputes over payment timing or amounts.
LOGISTICS PAYMENT. In return for MWI receiving shipments at its 12 shipping locations and reshipping to customers as specified in paragraph 3 (c) above, PFIZER shall pay MWI a logistics payment of /**/ of Sales out by MWI to the AAHA MARKETLink Customers listed in Exhibit E for all Sales out by MWI of PFIZER CAD products listed in Exhibit A only, including Sales out of up to /**/ of Revolution per customer for all customers, and Sales out of Revolution in excess of /**/ per customer only for those customers on the list provided in Exhibit C hereto. This payment will be made /**/. For purposes of this paragraph 1 AAHA MARKETLink Customers shall mean all those customers that are AAHA member practices.