Sales Processing Clause Samples
The Sales Processing clause outlines the procedures and requirements for handling sales transactions within an agreement. It typically details the steps involved in processing orders, such as order submission, confirmation, invoicing, and delivery timelines, and may specify the responsibilities of each party in ensuring accurate and timely processing. This clause ensures that both parties have a clear understanding of how sales will be managed, reducing the risk of disputes and promoting efficient transaction flow.
Sales Processing. BI shall be responsible for the pricing, distributing and booking of all sales of Product in the Co-Promotion Territory for the Co-Promotion Audience. MacroGenics will promptly forward all orders it receives for Product to BI or its designee. *** ***
Sales Processing. If for any reason Micromet receives orders for the Product, Micromet will promptly forward such orders to BI or its designee.
Sales Processing. MRW will process all art sales. The appropriate sales tax will be added to the cost of the work. MRW will report and remit sales tax to the state. Sales tax is a separate item and is not part of the calculation of commissions or payouts to the artists.