Net Invoice Price Clause Samples
The Net Invoice Price clause defines the amount payable for goods or services after all applicable deductions, such as discounts, rebates, or allowances, have been subtracted from the gross invoice price. In practice, this means that the buyer is only responsible for paying the final, adjusted amount rather than the initial listed price, which can be affected by negotiated terms or promotional offers. This clause ensures clarity in financial transactions by specifying exactly what constitutes the payable amount, thereby reducing disputes over payment calculations.
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Net Invoice Price. For purpose of this Agreement "Net Invoice Price" shall be the total billing to the user less sales tax, duties, shipping, handling, insurance, gift wrapping and similar charges. THEATLASSTORE shall charge back Affiliate's commission account for returned Product, credit card fraud and amounts remaining unpaid by user. Such chargeback’s shall be deducted from future commission payments.
Net Invoice Price. “Net Invoice Price” means the amount invoiced, billed, or received by or on behalf of VICAL, its Affiliated Companies, or their Designees on account of the sale, transfer or other disposition of Licensed Products to Third Parties in any arms-length transaction, less reasonable, customary and documented deductions applicable to the Licensed Products for any of the following:
