Common use of PAYMENT AND SETTLEMENT Clause in Contracts

PAYMENT AND SETTLEMENT. Prior to shipping the goods, the supplier must provide proof of qualified goods. After 60 days from the date of notification from the buyer to the supplier to issue an invoice, the buyer shall pay the corresponding amount to the supplier.

Appears in 3 contracts

Sources: Purchase Contract (Majestic Ideal Holdings LTD), Purchase Contract (Majestic Ideal Holdings LTD), Purchase Contract (Majestic Ideal Holdings LTD)