Common use of Prices, payments Clause in Contracts

Prices, payments. 2.1. Basically, the agreed prices are stated free delivered to the re- ceiving office indicated by ATP including costs of freight, pack- aging, customs duties and ancillary costs. In case freight forward delivery has been agreed upon, packaging may be charged at cost price only. 2.2. Agreed prices are fixed. Reservations as to increase in prices for individual orders or for the framework agreement are subject to ATP’s express written consent. The same shall apply to currency adjustment clauses. 2.3. Invoices will be settled by ATP either within 14 days less 2% cash discount or within 30 days without discount, unless any other mode of payment has been agreed upon. 2.4. Payment and discount periods shall start upon receipt of invoice, however not before receipt of the goods and/or, in case of ser- vices, not before their acceptance and, if documentations, certif- icate of conformity (COC) or similar records are included in the scope of delivery, not before their delivery to ATP according to contract. 2.5. When giving reasons for a delay in payment, the receipt of an invoice or another payment schedule cannot be replaced by the receipt of the purchased good. ATP may assert rights of set-off and rights of detention to the extent permitted by law only. 2.6. Agreements for framework contracts (prices, delivery periods, security storage quantities) shall be valid for the entire term of the framework contract and for all requests under this framework contract.

Prices, payments. 2.1. Basically, the agreed prices are stated free delivered to the re- ceiving office indicated by ATP including costs of freight, pack- agingpackag- ing, customs duties and ancillary costs. In case freight forward delivery has been agreed upon, packaging may be charged at cost price only. 2.2. Agreed prices are fixed. Reservations as to increase in prices for individual orders or for the framework agreement are subject to ATP’s express written consent. The same shall apply to currency adjustment clauses. 2.3. Invoices will be settled by ATP either within 14 days less 2% cash discount or within 30 days without discount, unless any other mode of payment has been agreed upon. 2.4. Payment and discount periods shall start upon receipt of invoice, however not before receipt of the goods and/or, in case of ser- vices, not before their acceptance and, if documentations, certif- icate certifi- cate of conformity (COC) or similar records are included in the scope of delivery, not before their delivery to ATP according to contract. 2.5. When giving reasons for a delay in payment, the receipt of an invoice or another payment schedule cannot be replaced by the receipt of the purchased good. ATP may assert rights of set-off and rights of detention to the extent permitted by law only. 2.6. Agreements for framework contracts (prices, delivery periods, security storage quantities) shall be valid for the entire term of the framework contract and for all requests under this framework contractcon- tract.