Common use of Payment in Advance Clause in Contracts

Payment in Advance. “The Supplier may invoice the Customer for the price of the Goods at any time before delivery, and the Customer shall pay the sum due in cleared funds to the bank nominated by the Supplier on or before delivery.”.] [Option 2: Other methods of payment “The Supplier may require the Customer to pay the price of any Goods by [specify payment method, e.g. payment by documentary collection / payment by irrevocable documentary credit.”.]

Payment in Advance. “The Supplier may invoice the Customer Distributor for the price of the Goods at any time before delivery, and the Customer Distributor shall pay the sum due in cleared funds to the bank nominated by the Supplier on or before delivery.”.] [Option 2: Other methods of payment “The Supplier may require the Customer Distributor to pay the price of any Goods by [specify payment method, e.g. payment by documentary collection / payment by irrevocable documentary credit].”.]