Common use of Wire Transfers, Etc Clause in Contracts

Wire Transfers, Etc. All sums and amounts payable under this Agreement shall be paid in United States dollars by wire transfer or electronic funds transfer of immediately available funds to such bank or account in the continental United States for the account of the payee as from time to time the payee shall have directed to the payor in writing (or, if no such direction shall have been given, by check of the payor payable to the order of the payee and mailed to the payee in the manner and at the address set forth in Section 8.01). Whenever in this Agreement BASF is required to pay or reimburse Sterling upon receipt of invoice, or otherwise when no due date for payment is specifically provided, payment shall be due as provided in Section 3.02(b) and shall be made in the manner set forth in this Section 3.08.