Common use of Prices and Payment Terms Clause in Contracts

Prices and Payment Terms. 5.1 Order prices are net and do not include value added tax (“VAT”). VAT shall be payable in addition, where applica- ble and on receipt by us from the Supplier of a valid VAT invoice (or other relevant document required for the pur- pose of VAT recovery by us) except where some other express arrangement has been agreed. Unless otherwise specified in the order, the prices agreed shall remain unchanged until fulfillment of the contract is completed.

Prices and Payment Terms. 5.1 Order prices are net and do not include value added tax (“VAT”). VAT shall be payable in addition, where applica- ble applicable and on receipt by us from the Supplier of a valid VAT invoice (or other relevant document required for the pur- pose purpose of VAT recovery by us) except where some other express arrangement has been agreed. Unless otherwise specified in the order, the prices agreed shall remain unchanged until fulfillment of the contract is completed.