Settlement Time. Party B shall issue the “Settlement Bill” for the previous month’s service fee to Party A within 5 days after the end of each month (postponed in case of holidays or special circumstances). Party A shall conduct reconciliation and confirmation within 3 days after receiving the bill. Party B shall send the settlement invoice or receipt to Party A within 4 days. Party A shall make payment within 15 working days after receiving the settlement invoice (postponed in case of holidays or special circumstances). Failure to make payment within the time limit shall be deemed as breach of contract.
Appears in 2 contracts
Sources: Logistics Service Cooperation Agreement (Galleinphi Inc.), Logistics Service Cooperation Agreement (Galleinphi Inc.)