Common use of Order Process Clause in Contracts

Order Process. As the start of production of your Tesla Roadster nears, we or our European Subsidiary will ask you to confirm your option selections. We or our European Subsidiary will also ask you to confirm where you will register and take delivery of the Tesla Roadster and to provide full details of the legal purchaser of the Tesla Roadster. Our European Subsidiary will create an order for your Tesla Roadster detailing the information provided by you (“Order”). Our European Subsidiary will prepare a proforma invoice, indicating the estimated purchase price of your Tesla Roadster, taking into account the base price of the model and any options you selected, plus any applicable taxes, transport and delivery charges and any other applicable fees (“Proforma Invoice”). Our European Subsidiary will then submit to you the Order, Proforma Invoice and a Purchase Agreement. If you wish to proceed and purchase a Tesla Roadster, you must sign and return to our European Subsidiary the Purchase Agreement. We will then commence production of your Tesla Roadster and your Reservation Payment will be held as a non-refundable deposit and applied to our production costs, pursuant to the terms of the Purchase Agreement. Approximately 3 weeks before your Tesla Roadster is ready for delivery, our European Subsidiary will issue to you a final invoice, requesting payment of the purchase price stated on the Proforma Invoice, less your Reservation Payment. Our European Subsidiary will not deliver the Tesla Roadster to you until it has received full payment in cleared funds from you.

Order Process. As the start of production of your Tesla Roadster nears, we or our European Subsidiary will ask you to confirm your option selections. We or our European Subsidiary will also ask you to confirm where you will wish to register and take delivery of the Tesla Roadster and to provide full details of the legal purchaser of the Tesla Roadster. Our European Subsidiary will create an order for your Tesla Roadster detailing the information provided by you (“Order”). Our European Subsidiary will prepare a proforma invoice, indicating the estimated anticipated purchase price of your Tesla Roadster, taking into account the base price of the model and any options you selected, plus any applicable options, taxes, transport and delivery charges and any other applicable fees (“Proforma Invoice”). Our European Subsidiary will then submit to you the Order, Proforma Invoice and a Purchase Agreement. If you wish to proceed and purchase a Tesla Roadster, you must sign and return to our European Subsidiary the Purchase Agreement. We will then commence production of your Tesla Roadster and your Reservation Payment will be held as a non-refundable deposit and applied to our production costs, pursuant to the terms of the Purchase Agreement. Approximately 3 weeks Shortly before your Tesla Roadster is ready for delivery, our European Subsidiary will issue to you a final invoice, requesting payment of the purchase price stated on the Proforma Invoice, less your Reservation Payment. Our European Subsidiary will not deliver the Tesla Roadster to you until it has received full payment in cleared funds from you.