Payments for Products. 6.1. All payments are due net, within thirty (30) days following the date of the invoice relating to an order. Invoices will be issued following acceptance of an order. In the event that the Company has not accepted an order in writing, issuance of an invoice relating to the order shall constitute acceptance thereof, according to the terms of the invoice. Any payment not received by Company within thirty (30) days following issuance of an invoice will be subjected to a late charge equal to 1.5% per month on the outstanding principal balance due, but in no event greater than that allowed by law. Any Containers manufactured or held by Company and relating to an invoice which has not been paid within thirty (30) days following the date thereof which have not been shipped, may be held by Company pending payment of the invoice or may be resold to other customers. Any delay in delivery of Containers following payment of an invoice which was not paid in full within thirty days following its date, which delay is caused by Company's election to either hold or resell the Containers pursuant to the terms of this Section shall be deemed in compliance with the shipment terms of the order to which the unpaid invoice relates. In the event the Company elects to ship any Containers pursuant to the terms of an order whose invoice remains unpaid after thirty days, the ability of the Company to withhold such shipment under the terms of this section shall not be construed in any way limit the liability of Distributor for the amount of the invoice, late fees imposed or the price of Containers shipped. The charging of a late fee or any other action contemplated under the terms of this section shall be cumulative and in addition to Company's other remedies under this Agreement, at law or in equity.
Payments for Products. On the later of (i) the date on which Products are delivered to a loading vessel for shipment to the Company and (ii) the date designated in the purchase order for delivery of such Products, Federated will notify the Company of the total amount due to Federated for the Loaded Landed Cost for such Products. Payment of the Loaded Landed Cost for Products plus all Commissions due and payable thereon by the Company will be due upon Federated's presentation to the Company of Federated's invoice therefor and will be made within two business days of such presentation (the end of such two business day period being the "Payment Deadline") by wire transfer of immediately available funds to an account designated by Federated, without any set-off or deduction of any kind whatsoever. Any amounts not paid by the Payment Deadline ("Arrearages") will accrue interest daily from such date until paid in full at an annual rate equal to the lesser of (i) the prime rate announced by BancBoston, N.A. ("BancBoston") from time to time plus 0.5% and (ii) the maximum rate allowed by law. At any time that Arrearages aggregate $250,000 or more, Federated will be entitled, upon five calendar days' written notice to the Company, to suspend its services under this Agreement (including without limitations delivery of any Products), without any liability therefor, until such Arrearages are paid in full. Title for Products will pass to the Company upon payment in full to Federated of the Loaded Landed Cost for such Products plus all Commissions and interest due thereon pursuant to this Section 4.
Payments for Products. Distributor will make payments to the Supplier for the Products supplied and delivered by Supplier equal to the collected accounts receivable for Product sales less o 8% of such collections for processed wafers delivered in the first 4 months of this Agreement; 10% for deliveries in the subsequent 4 months; and 11% thereafter on all products delivered to the named Customer Protek Devices.
Payments for Products. On the later of (1) the date on which Products are delivered F.O.B. Kellwood shipping point and (2) the date designated in the purchase order for delivery of those Products, if that date is 10 days or more after the date of actual delivery of those Products, Kellwood shall notify Designs of the total amount due to Kellwood for the Product Cost for such Products. Within 60 days of Kellwood's presentation to Designs of Kellwood's invoice for any Products (the end of that 60-day period, the "Payment Deadline"), Designs or one of its Affiliates shall pay to Kellwood the Product Cost for those Products by wire transfer of immediately available funds to an account designated by Kellwood. Any amounts not paid by the Payment Deadline will accrue interest daily from the Payment Deadline until paid in full at an annual rate equal to the lesser of (1) the prime rate announced by Citibank, N.A. from time to time plus 3% and (2) the maximum rate allowed by law.
Payments for Products. Payment for the Products ordered from WaferGen and Shipping Costs shall be due and payable within thirty (30) days after the date of WaferGen’s invoice therefor. Payment will be made only in United States Dollars, by wire transfer to the bank designated by WaferGen or other means satisfactory to WaferGen. Payments made by Distributor, even if marked to indicate payment in full, will be deposited by WaferGen or otherwise accepted by its bank notwithstanding such markings and such deposit and/or acceptance shall not indicate WaferGen’s acceptance of the payment as payment in full unless the remittance actually constitutes payment of all sums owed. All sums not paid when due shall accrue interest daily at the lesser of a monthly rate of 1.5% or the highest rate permissible by law on the unpaid balance until paid in full.
Payments for Products. 3.7.1. Xxxxxxxxx and Hershey will facilitate the delivery of Products in accordance with the delivery terms set forth in Section 3.11 and as further described in the Facility Addenda. Hershey will pay any invoiced amount following receipt of such invoice from Callebaut on the payment terms of [**], except in the case of good faith dispute and provided the invoice is accurate and complete. All payments will be electronically transferred to the designated bank account of the Party to which such payments are due. Hershey’s payment of an invoice will not constitute a waiver of any of its rights under this Agreement, including the right to reject or revoke acceptance of Nonconforming Products.
Payments for Products. 1. Callebaut shall issue its invoice for Products produced in accordance with this Agreement at the time such Products are shipped or delivered to Hershey in accordance with the delivery terms. Hershey shall pay any amount due under this Agreement following receipt of Callebaut's invoice on terms of net twenty-three (23) days from date of receipt of invoice plus a seven day grace period to enable weekly grouping of payments, except in the case of a good faith dispute.
Payments for Products. BG Medicine shall make full payment to Corgenix for all Products, including Transfer Prices under Section 4.2 and handling fees or other costs to be paid by BG Medicine under Section 2.9, within [***] after BG Medicine receives an undisputed invoice from Corgenix pursuant to Section 2.12.
Payments for Products. During the term of this Agreement DISTRIBUTOR shall pay LICENSOR according to price lists denominated in U.S. Dollars provided by LICENSOR to DISTRIBUTOR according to terms set by FACTORY. Prices shall be those set forth on price lists in effect when the order is placed. DISTRIBUTOR shall be responsible for all freight and duties from the factory to final destination.
Payments for Products
