Common use of PAYMENTS, TAXES, AND DUTIES Clause in Contracts

PAYMENTS, TAXES, AND DUTIES. (a) Unless Buyer disputes an invoice in good faith or as otherwise provided, terms of payment shall be 2% 20 days, Net 60 days from the latest of the following: (i) Buyer’s receipt of the Seller's proper invoice; (ii) scheduled delivery date of the Work; or (iii) actual delivery of the Work. Buyer shall have a right of setoff against payments due or at issue under this Contract or any other contract between the Parties. All invoices must be mailed to the Buyer Accounts Payables department; Seller’s invoices are not to be used as packing slips nor are they to be sent with the material.

PAYMENTS, TAXES, AND DUTIES. (a) Unless Buyer disputes an invoice in good faith or as otherwise provided, terms of payment shall be 2% 20 days, Net 60 net forty-five (45) days from the latest of the following: (i) Buyer’s receipt of the Seller's proper invoice; (ii) scheduled delivery date of the Work; or (iii) actual delivery of the Work. Buyer shall have a right of setoff against payments due or at issue under this Contract or any other contract between the Parties. All invoices must be mailed to the Buyer Accounts Payables department; Seller’s invoices are not to be used as packing slips nor are they to be sent with the material.