Timing of Payment; No Offsets. Unless otherwise specified in Annex B or Annex C, each Party will pay all amounts due pursuant to this Agreement no later than 45 days following the end of each month during the Term (or, in the case of Services that are provided by a Third Party supplier, no later than 45 days following the end of the billing period for such Services) (the “Payment Due Date”). Neither Party will offset any amounts owing to it by the other Party or any of its Subsidiaries against amounts payable by such Party hereunder or any other agreement or arrangement. All timely payments under this Agreement will be made without early payment discount.
Appears in 6 contracts
Samples: Transition Services Agreement (Kimball International Inc), Transition Services Agreement (Kimball Electronics, Inc.), Transition Services Agreement (Kimball Electronics, Inc.)
Timing of Payment; No Offsets. Unless otherwise specified agreed by the Parties in Annex B or Annex Cconnection with a Service, each Party will pay all amounts due pursuant to this Agreement no later than 45 30 days following the end of each month during the Term (or, in the case of Services that are provided by a Third Party supplier, no later than 45 30 days following the end of the billing period for such Services) (the “Payment Due Date”). Neither Party will offset any amounts owing to it by the other Party or any of its Subsidiaries against amounts payable by such Party hereunder or any other agreement or arrangement. All timely payments under this Agreement will be made without early payment discount.
Appears in 2 contracts
Samples: Transition Services Agreement (Horizon Global Corp), Transition Services Agreement (Horizon Global Corp)
Timing of Payment; No Offsets. Unless otherwise specified in Annex B or Annex C, each Party will pay all amounts due pursuant to this Agreement no later than 45 days following the end of each month during the Term (or, in the case of Services that are provided by a Third Party supplier, no later than 45 days following the end of the billing period for such Services) (the “Payment Due Date”). Neither Party will offset any amounts owing to it by the other Party or any of its Subsidiaries against amounts payable by such Party hereunder or any other agreement or arrangement. All timely payments under this Agreement will be made without early payment discount.. 8 Section 4.5
Appears in 1 contract
Samples: Transition Services Agreement
