Common use of Processing Clause in Contracts

Processing. ‌ The invoices shall be sent to the Storage Customer by email. The Storage Customer shall pay the invoices so that the amount to be transferred is credited for EWE’s benefit to the account designated by EWE on the date of the fifteenth working day of the month M of invoicing. The amounts payable by the Storage Customer to EWE shall be transferred to the following account: Oldenburgische Landesbank AG Bank identification number: 280 200 50; Account number: 1449801800; BIC-Code: XXXXXXX0; IBAN-Nr.: XX00 0000 0000 0000 0000 00 If a payment is not made at the due date EWE is entitled to charge interest according to Sect. 288 II BGB (German Civil Code). EWE’s additional claims based on late payment shall not be affected. In particular, EWE is entitled to terminate the Contract with immediate effect if the Storage Customer fails to fully or partly pay the amount invoiced by EWE despite having re- ceived a reminder/warning notice setting a reasonable time-period for payment. All invoices under the present Contract shall be issued by EWE – regardless of which Party is the creditor – and transmitted to the Storage Customer. The invoices shall contain all infor- mation that is justifiably necessary to enable the Storage Customer to verify the accuracy of the invoice. Objections against the accuracy of an invoice shall be raised immediately, in any case no lat- er than four weeks from receipt of the invoice. Objections relating to defects that cannot be discovered by the Storage Customer through no fault of his own, may be raised after the end of the time limit set herein-above immediately upon the Storage Customer gaining knowledge of the cause for objection. Objections against invoices, except in the case of obvious errors (e.g. errors in calculation), do not entitle the Storage Customer to suspend, reduce, or refuse, payment. If such objec- tions are justified they shall merely create a right of refund. The Storage Customer may set off – whatever the legal cause - EWE’s receivables arising un- der the present Contract with his own rights, or claim a retention right, only if and inasmuch as his claims are undisputed or res judicata. The place of performance for payments shall be EWE’s registered offices.

Processing. ‌ The invoices shall be sent to the Storage Customer by email. The Storage Customer shall pay the invoices so that the amount to be transferred is credited for EWE’s benefit to the account designated by EWE on the date of the fifteenth working day of the month M of invoicing. The amounts payable by the Storage Customer to EWE shall be transferred to the following account: Oldenburgische Landesbank AG Bank identification number: 280 200 50; Account number: 1449801800; BIC-Code: XXXXXXX0; IBAN-Nr.: XX00 0000 0000 0000 0000 00 SWIFT-BIC: OLBO DE H2 XXX If a payment is not made at the due date EWE is entitled to charge interest according to Sect. 288 II BGB (German Civil Code). EWE’s additional claims based on late payment shall not be affectedaf- fected. In particular, EWE is entitled to terminate the Contract with immediate effect if the Storage Customer fails to fully or partly pay the amount invoiced by EWE despite having re- ceived a reminder/warning notice setting a reasonable time-period for payment. All invoices under the present Contract shall be issued by EWE – regardless of which Party is the creditor – and transmitted to the Storage Customer. The invoices shall contain all infor- mation information that is justifiably necessary to enable the Storage Customer to verify the accuracy of the invoicein- voice. Objections against the accuracy of an invoice shall be raised immediately, in any case no lat- er later than four weeks from receipt of the invoice. Objections relating to defects that cannot be discovered dis- covered by the Storage Customer through no fault of his own, may be raised after the end of the time limit set herein-above immediately upon the Storage Customer gaining knowledge of the cause for objection. Objections against invoices, except in the case of obvious errors (e.g. errors in calculation), do not entitle the Storage Customer to suspend, reduce, or refuse, payment. If such objec- tions objections are justified they shall merely create a right of refund. The Storage Customer may set off – whatever the legal cause - EWE’s receivables arising un- der under the present Contract with his own rights, or claim a retention right, only if and inasmuch as his claims are undisputed or res judicata. The place of performance for payments shall be EWE’s registered offices.

Processing. ‌ The invoices shall be sent to the Storage Customer by email. The Storage Customer shall pay the invoices so that the amount to be transferred is credited for EWE’s benefit to the account designated by EWE on the date of the fifteenth working day of the month M of invoicing. The amounts payable by the Storage Customer to EWE shall be transferred to the following account: Oldenburgische Landesbank AG Bank identification number: 280 200 50; Account number: 1449801800; BIC-Code: XXXXXXX0; IBAN-Nr.: XX00 0000 0000 0000 0000 00 If a payment is not made at the due date EWE is entitled to charge interest according to Sect. 288 II BGB (German Civil Code). EWE’s additional claims based on late payment shall not be affected. In particular, EWE is entitled to terminate the Contract with immediate effect if the Storage Customer fails to fully or partly pay the amount invoiced by EWE despite having re- ceived a reminder/warning notice setting a reasonable time-period for payment. All invoices under the present Contract shall be issued by EWE – regardless of which Party is the creditor – and transmitted to the Storage Customer. The invoices shall contain all infor- mation that is justifiably necessary to enable the Storage Customer to verify the accuracy of the invoice. Objections against the accuracy of an invoice shall be raised immediately, in any case no lat- er than four weeks from receipt of the invoice. Objections relating to defects that cannot be discovered by the Storage Customer through no fault of his own, may be raised after the end of the time limit set herein-above immediately upon the Storage Customer gaining knowledge of the cause for objection. Objections against invoices, except in the case of obvious errors (e.g. errors in calculation), do not entitle the Storage Customer to suspend, reduce, or refuse, payment. If such objec- tions are justified they shall merely create a right of refund. The Storage Customer may set off – whatever the legal cause - EWE’s receivables arising un- der the present Contract with his own rights, or claim a retention right, only if and inasmuch as his claims are undisputed or res judicata. The place of performance for payments shall be EWE’s registered offices.

Processing. ‌ The invoices shall be sent to the Storage Customer by emailemail and on request by postal mail. The Storage Customer shall pay the invoices so that the amount to be transferred is credited for EWE’s benefit to the account designated by EWE on the date of the fifteenth working day of the month M of invoicing. The amounts payable by the Storage Customer to EWE shall be transferred to the following account: Oldenburgische Landesbank AG Bank identification number: 280 200 50; Account number: 1449801800; BIC-Code: XXXXXXX0; IBAN-Nr.: XX00 0000 0000 0000 0000 00 SWIFT-BIC: OLBO DE H2 XXX If a payment is not made at the due date EWE is entitled to charge interest according to Sect. 288 II BGB (German Civil Code). EWE’s additional claims based on late payment shall not be affected. In particular, EWE is entitled to terminate the Contract with immediate effect if the Storage Customer fails to fully or partly pay the amount invoiced by EWE despite having re- ceived a reminder/warning notice setting a reasonable time-period for payment. All invoices under the present Contract shall be issued by EWE – regardless of which Party is the creditor – and transmitted to the Storage Customer. The invoices shall contain all infor- mation information that is justifiably necessary to enable the Storage Customer to verify the accuracy of the invoice. Objections against the accuracy of an invoice shall be raised immediately, in any case no lat- er later than four weeks from receipt of the invoice. Objections relating to defects that cannot be discovered dis- covered by the Storage Customer through no fault of his own, may be raised after the end of the time limit set herein-above immediately upon the Storage Customer gaining knowledge of the cause for objection. Objections against invoices, except in the case of obvious errors (e.g. errors in calculation), do not entitle the Storage Customer to suspend, reduce, or refuse, payment. If such objec- tions objections are justified they shall merely create a right of refund. The Storage Customer may set off – whatever the legal cause - EWE’s receivables arising un- der under the present Contract with his own rights, or claim a retention right, only if and inasmuch as his claims are undisputed or res judicata. The place of performance for payments shall be EWE’s registered offices.

Processing. ‌ The invoices shall be sent to the Storage Customer by email. The Storage Customer shall pay the invoices so that the amount to be transferred is credited for EWE’s benefit to the account designated by EWE on the date of the fifteenth working day of the month M of invoicing. The amounts payable by the Storage Customer to EWE shall be transferred to the following account: Oldenburgische Landesbank AG Bank identification number: 280 200 50; Account number: 1449801800; BIC-Code: XXXXXXX0; IBAN-Nr.: XX00 0000 0000 0000 0000 00 SWIFT-BIC: OLBO DE H2 XXX If a payment is not made at the due date EWE is entitled to charge interest according to Sect. 288 II BGB (German Civil Code). EWE’s additional claims based on late payment shall not be affectedaf- fected. In particular, EWE is entitled to terminate the Contract with immediate effect if the Storage Customer fails to fully or partly pay the amount invoiced by EWE despite having re- ceived a reminder/warning notice setting a reasonable time-period for payment. All invoices under the present Contract shall be issued by EWE – regardless of which Party is the creditor – and transmitted to the Storage Customer. The invoices shall contain all infor- mation information that is justifiably necessary to enable the Storage Customer to verify the accuracy of the invoicein- voice. Objections against the accuracy of an invoice shall be raised immediately, in any case no lat- er later than four weeks from receipt of the invoice. Objections relating to defects that cannot be discovered dis- covered by the Storage Customer through no fault of his own, may be raised after the end of the time limit set herein-above immediately upon the Storage Customer gaining knowledge of the cause for objection. Objections against invoices, except in the case of obvious errors (e.g. errors in calculation), do not entitle the Storage Customer to suspend, reduce, or refuse, payment. If such objec- tions objections are justified they shall merely create a right of refund. The Storage Customer may set off – whatever the legal cause - EWE’s receivables arising un- der under the present Contract with his own rights, or claim a retention right, only if and inasmuch as his claims are undisputed or res judicata. The place of performance for payments shall be EWE’s registered offices.

Processing. ‌ The invoices shall be sent to the Storage Customer by emailemail and on request by postal mail. The Storage Customer shall pay the invoices so that the amount to be transferred is credited for EWE’s benefit to the account designated by EWE on the date of the fifteenth working day of the month M of invoicing. The amounts payable by the Storage Customer to EWE shall be transferred to the following account: Oldenburgische Landesbank AG Bank identification number: 280 200 50; Account number: 1449801800; BIC-Code: XXXXXXX0; IBAN-Nr.: XX00 0000 0000 0000 0000 00 If a payment is not made at the due date EWE is entitled to charge interest according to Sect. 288 II BGB (German Civil Code). EWE’s additional claims based on late payment shall not be affected. In particular, EWE is entitled to terminate the Contract with immediate effect if the Storage Customer fails to fully or partly pay the amount invoiced by EWE despite having re- ceived a reminder/warning notice setting a reasonable time-period for payment. All invoices under the present Contract shall be issued by EWE – regardless of which Party is the creditor – and transmitted to the Storage Customer. The invoices shall contain all infor- mation that is justifiably necessary to enable the Storage Customer to verify the accuracy of the invoice. Objections against the accuracy of an invoice shall be raised immediately, in any case no lat- er than four weeks from receipt of the invoice. Objections relating to defects that cannot be discovered by the Storage Customer through no fault of his own, may be raised after the end of the time limit set herein-above immediately upon the Storage Customer gaining knowledge of the cause for objection. Objections against invoices, except in the case of obvious errors (e.g. errors in calculation), do not entitle the Storage Customer to suspend, reduce, or refuse, payment. If such objec- tions are justified they shall merely create a right of refund. The Storage Customer may set off – whatever the legal cause - EWE’s receivables arising un- der the present Contract with his own rights, or claim a retention right, only if and inasmuch as his claims are undisputed or res judicata. The place of performance for payments shall be EWE’s registered offices.

Processing. ‌ The invoices shall be sent to the Storage Customer by emailemail and on request by postal mail. The Storage Customer shall pay the invoices so that the amount to be transferred is credited for EWEXXX’s benefit to the account designated by EWE on the date of the fifteenth working day of the month M of invoicing. The amounts payable by the Storage Customer to EWE shall be transferred to the following account: Oldenburgische Landesbank AG Bank identification number: 280 200 50; Account number: 1449801800; BIC-Code: XXXXXXX0; IBAN-Nr.: XX00 0000 0000 0000 0000 00 If a payment is not made at the due date EWE is entitled to charge interest according to Sect. 288 II BGB (German Civil Code). EWE’s additional claims based on late payment shall not be affected. In particular, EWE is entitled to terminate the Contract with immediate effect if the Storage Customer fails to fully or partly pay the amount invoiced by EWE despite having re- ceived a reminder/warning notice setting a reasonable time-period for payment. All invoices under the present Contract shall be issued by EWE – regardless of which Party is the creditor – and transmitted to the Storage Customer. The invoices shall contain all infor- mation that is justifiably necessary to enable the Storage Customer to verify the accuracy of the invoice. Objections against the accuracy of an invoice shall be raised immediately, in any case no lat- er than four weeks from receipt of the invoice. Objections relating to defects that cannot be discovered by the Storage Customer through no fault of his own, may be raised after the end of the time limit set herein-above immediately upon the Storage Customer gaining knowledge of the cause for objection. Objections against invoices, except in the case of obvious errors (e.g. errors in calculation), do not entitle the Storage Customer to suspend, reduce, or refuse, payment. If such objec- tions are justified they shall merely create a right of refund. The Storage Customer may set off – whatever the legal cause - EWE’s receivables arising un- der the present Contract with his own rights, or claim a retention right, only if and inasmuch as his claims are undisputed or res judicata. The place of performance for payments shall be EWE’s registered offices.

Processing. ‌ The invoices shall be sent to the Storage Customer by email. The Storage Customer shall pay the invoices so that the amount to be transferred is credited for EWEXXX’s benefit to the account designated by EWE on the date of the fifteenth working day of the month M of invoicing. The amounts payable by the Storage Customer to EWE shall be transferred to the following account: Oldenburgische Landesbank AG Bank identification number: 280 200 50; Account number: 1449801800; BIC-Code: XXXXXXX0; IBAN-Nr.: XX00 0000 0000 0000 0000 00 If a payment is not made at the due date EWE is entitled to charge interest according to Sect. 288 II BGB (German Civil Code). EWE’s additional claims based on late payment shall not be affected. In particular, EWE is entitled to terminate the Contract with immediate effect if the Storage Customer fails to fully or partly pay the amount invoiced by EWE despite having re- ceived a reminder/warning notice setting a reasonable time-period for payment. All invoices under the present Contract shall be issued by EWE – regardless of which Party is the creditor – and transmitted to the Storage Customer. The invoices shall contain all infor- mation that is justifiably necessary to enable the Storage Customer to verify the accuracy of the invoice. Objections against the accuracy of an invoice shall be raised immediately, in any case no lat- er than four weeks from receipt of the invoice. Objections relating to defects that cannot be discovered by the Storage Customer through no fault of his own, may be raised after the end of the time limit set herein-above immediately upon the Storage Customer gaining knowledge of the cause for objection. Objections against invoices, except in the case of obvious errors (e.g. errors in calculation), do not entitle the Storage Customer to suspend, reduce, or refuse, payment. If such objec- tions are justified they shall merely create a right of refund. The Storage Customer may set off – whatever the legal cause - EWE’s receivables arising un- der the present Contract with his own rights, or claim a retention right, only if and inasmuch as his claims are undisputed or res judicata. The place of performance for payments shall be EWE’s registered offices.