Remitting Payment. You agree to promptly remit payment of the Purchase Price upon receipt of instructions from LaserTrade. You agree that LaserTrade, at its sole discretion, shall determine whether to accept payment in the Contract Currency or your User Currency (as per Section 6 below) and that you are not entitled to demand LaserTrade remit payment in the other currency, another currency, or apply a different exchange rate. LaserTrade reserves the right to apply the payment, or any part thereof, to any outstanding obligations you owe to LaserTrade before applying payment to the Purchase Price. You acknowledge that failure to remit sufficient funds to cover any outstanding obligations you owe to LaserTrade and the Purchase Price is not grounds to release you from any obligations of the purchase and sale agreement. LaserTrade shall generate in the Seller’s name and on the Seller’s behalf any required Tax Invoices. You agree that you shall not portray LaserTrade as the Seller of the Device(s) to any third party. Failure to receive these documents subsequent to remitting payment shall not be grounds to release you from any of your obligations in this Agreement.
Appears in 2 contracts
Sources: Transaction Agreement, Transaction Agreement