Payment and Shipping Terms Sample Clauses
The Payment and Shipping Terms clause defines the conditions under which payments must be made and how goods or services will be delivered between parties. It typically outlines payment schedules, accepted methods of payment, and any applicable deadlines, as well as specifying shipping methods, delivery timelines, and responsibilities for shipping costs or risks. This clause ensures both parties have a clear understanding of their financial and logistical obligations, reducing the risk of disputes related to payment delays or delivery issues.
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Payment and Shipping Terms. Terms are net 30 days, FCA Seller’s Facility, unless expressly provided to the contrary on the accompanying quotation. Any amount not timely paid shall bear a late charge of one and one-half percent (1.5%) for each month or fraction of a month computed on the outstanding balance until paid in full; provided, however, that such late charges shall not exceed the maximum amount allowed by law
Payment and Shipping Terms. UroGen shall ▇▇▇▇ ▇▇▇▇▇▇ as of the end of each month the Standard Average Price for Products shipped to customers during the month. Baxter shall pay such invoices within sixty (60) days of ▇▇▇▇▇▇'▇ receipt thereof. At the end of each calendar quarter, Baxter shall reconcile the difference between the Standard Average Price paid for Products shipped during that quarter and the actual price of such Products as determined in accordance with Section 5.1 hereof. Baxter shall deliver to UroGen within thirty (30) days of the end of each quarter a written report (a "Reconciliation Report") detailing its reconciliation of the difference between the Standard Average Price and the actual price of Products shipped during such quarter. If Baxter has paid UroGen more than the actual price payable by Baxter for the Products shipped during a calendar quarter pursuant to Sections 5.1 through 5.3, inclusive (the "Owed Amount"), UroGen shall refund to Baxter within thirty (30) days of the date of the Reconciliation Report the difference between the Owed Amount and the Standard Average Price for such Products. If Baxter has paid UroGen less than the Owed Amount for the Products shipped during a calendar quarter, Baxter shall pay to UroGen within thirty (30) days of the date of the Reconciliation Report the difference between the Owed Amount and the Standard Average Price for such Products. Any dispute with respect to such a reconciliation shall be resolved in accordance with the terms of Section 24 hereof. Products are to be shipped FCA (INCOTERMS) to ▇▇▇▇▇▇'▇ destination designated in the purchase order. ▇▇▇▇▇▇'▇ designated destination may include a Baxter facility or a customer's facility. Unless otherwise agreed in writing, Baxter shall designate the shipper, pay all freight charges and will obtain and pay for any necessary import licenses, authorizations or documentation for shipments of Products outside the United States. UroGen shall pay all costs associated with delivering the Products to the designated shipper and will obtain and pay for any necessary export licenses, authorizations or documentation for shipments of Products outside the United States. The parties will cooperate with one another as necessary to meet appropriate export/import regulations.
Payment and Shipping Terms. A. Payment Terms--Payment terms are net 60 days from date of invoice after the delivery of PCM tested wafers or 30 days from date of invoice after the delivery of die sorted wafers.
B. Exchange Rate--All wafer/die prices set forth in this Agreement are based on an exchange rate of 1.70DM = $U.S. $
1. If the average exchange rate for the previous six months is less than 1.60DM = $U.S. $1 or exceeds 1.80DM = $U.S. $1, the parties will review the wafer/die as soon as practicable to renegotiate prices. The exchange rate is defined as the New York foreign exchange mid-range rates applying to trading among banks in amounts of $1 million and more, as published in the Wall Street Journal.
C. Shipping Terms--Shipping, delivery and pricing terms are set FCA Dresden according Incoterms. Xicor will advise ZMD of its choice of freight carrier.
Payment and Shipping Terms. All prices are Net F.O.B. the Company. The payment terms shall be Net 30 days. Purchaser shall promptly pay the Company a service charge of One and one-half percent (1.5%) per month, or eighteen (18.0%) percent per year, on any unpaid account balance for all past due amounts. The service charge shall also apply to all unpaid progress payments, if any. Purchaser’s failure to promptly and fully pay, when due, any amount owed to the Company shall relieve the Company from any shipment commitments described in the Agreement. If any aspect of the Company’s work is delayed by Purchaser, including the Company’s delay in pe rformance as a result of Purchaser’s non-payment, such delay shall not excuse Purchaser from any other payment obligations set forth in the Agreement.
Payment and Shipping Terms. 4.1 Invoices and Payment. FIC may invoice for Product Units upon completion and shipment of such Product Units pursuant to Purchase Orders. To the extent FIC is entitled to do so under a Statement of Work, FIC may invoice for NRE and associated charges, if any, as set forth in such Statement of Work, upon commencement of production or as otherwise set forth in the applicable Statement of Work. Payment is due [*] from date of invoice, and payment shall be made by wire transfer or as otherwise agreed upon. In the event SSE fails to make payment within [*] after date of invoice, FIC may, at its option, unless the invoice is in dispute, (1) cease shipments to SSE immediately and/or 2) make a good faith effort to expedite the resolution of the dispute.
4.2 Packaging and Shipping. FIC shall package each Product Unit to SSE's Specifications, or, if not specified by SSE, to good commercial standards. All shipments made by FIC to SSE shall be F.O.B. FIC. Title, risk of loss and damage shall pass from FIC to SSE upon delivery to the F.O.B. point. Shipments will be made in accordance with SSE's specific routing instructions, including method of carrier to be used, and all special and incidental charges resulting from the choice of freight carrier shall be borne by SSE.
Payment and Shipping Terms. Newco shall ▇▇▇▇ ▇▇▇▇▇▇ as of the end of each calendar month for Products shipped to customers during the month and for sales and marketing expenses for the month pursuant to Section 8.1(B). ▇▇▇▇▇▇ shall pay such invoices within sixty (60) days of ▇▇▇▇▇▇'▇ receipt thereof. Isolex(R) and Maxsep(R) Products, Reagent Kits and other Products are to be shipped F.O.B. to ▇▇▇▇▇▇'▇ destination designated in the purchase order. ▇▇▇▇▇▇'▇ designated destination may include a ▇▇▇▇▇▇ facility or a customer's facility. Unless otherwise agreed in writing, Newco shall pay all freight charges. ▇▇▇▇▇▇ will be solely responsible for meeting export/import requirements, arranging for the appropriate documentation and licenses and paying associated fees for shipments made outside the U.S. Newco will cooperate with ▇▇▇▇▇▇ as necessary to meet appropriate export/import regulations.
Payment and Shipping Terms. Terms shall be net 45 days from date of invoice. Orders will be shipped FOB Destination. Haemonetics will pay door-to-door freight. SeraCare agrees to advise Haemonetics as soon as possible of any product damaged during shipping and will cooperate with Haemonetics in connection with any insurance or other claim resulting from any products damaged in shipping.
Payment and Shipping Terms