Common use of Payment Terms & Method Clause in Contracts

Payment Terms & Method. The Owner shall pay DASV according to the installment terms listed below. Final installment of payment shall be due after the Agreement has been signed-off. In the case of existing machines, where the Agreement has not been purchased before the Factory Startup, the machine needs to be inspected by a DASV technician for an additional fee, and any deficiencies identified by the DASV Technician in the equipment fixed and then approved for the Agreement.

Payment Terms & Method. The Owner shall pay DASV according to the installment terms listed below. Final installment of payment shall be due after the Agreement has been signed-off. In the case of existing machines, where the Agreement Remote Monitoring capability has not been purchased before the Factory Startupenabled, the machine needs to be inspected connected first, either by the customer or by hiring a DASV technician for an additional fee, and any deficiencies identified by the DASV Technician in the equipment fixed and then approved for the Agreement.