Payment term, method and place Clause Samples

Payment term, method and place. Invoices issued by the Seller and addressed to the Buyer are payable according to the bank details stipulated on the invoice. Unless otherwise agreed and duly accepted by the Seller, the payment period for sums due to the Seller is set at thirty (30) days from the date of issue of the invoice. The invoice mentions the payment date set by the Seller. Any significant change in the financial or economic situation of the Buyer, even after partial execution of the Order, may lead to a revision of the payment conditions, the Seller remaining the sole judge of its decision.