Pricing Invoices and Payments. Vendor agrees that the price set forth on the face of this Order is the lowest price offered for the same or like goods for similar or smaller quantities, and except as provided otherwise in these terms such price is the highest price that Buyer will pay. Buyer will be given the benefit of any price reductions prior to shipment that are accorded to the same class of trade. The price set forth on the face of this Order may not be increased without Buyer’s written consent. If no fixed price is specified, then Vendor may not fill this Order at a price higher than Buyer was last quoted in writing or charged without Buyer’s written consent, and Buyer reserves the right to reject price increases by cancelling the remainder of the Order. If the price on the face of this Order is incorrect, then Vendor must immediately notify Buyer before processing this Order. If Vendor processes any part of this Order or delivers any of the Goods, then Vendor waives any right to claim a price different from the price set forth on the face of this Order. Unless specified on the face hereof, all charges for packing, storage, transportation to point of delivery, and all taxes imposed upon or in connection with this sale are included in the purchase price shown on the face of this Order. Vendor agrees to use any tax exemption certificates supplied by Buyer and to make any appropriate application for refund if any exempt tax has been paid. Upon refund, the contract price shall be appropriately adjusted or as applicable the refund shall be paid to Buyer. Amounts due Vendor hereunder shall become payable upon Vendor’s submission of a proper invoice to Buyer with respect to Goods and services delivered and accepted by Buyer hereunder. Vendor shall render an invoice or shipping notice electronically via email or other electronic means and do so within at least 24 hours after shipment if requested by Buyer. Buyer’s Order number, part number and package number shall appear on the invoice and xxxx of lading. The xxxx of lading or express receipts must accompany the invoice. Payment terms are net 90 days unless otherwise specified on the face of this Order. All invoices received 90 days after the date of shipment or service will be rejected. Without prejudice to any other right or remedy it may have, Buyer reserves the right to set off at any time any amount owing to it by Vendor against any amount payable by Buyer to Vendor.
Pricing Invoices and Payments
