Product Payment. Unless otherwise agreed, all Products sold to SonoSight by ATL under this Agreement shall be invoiced at the time of shipment. Payment terms are net thirty (30) days of the invoice date. If SonoSight requests that shipment be made other than F.O.B. ATL's manufacturing facility in Bothell, Washington, the payment must be in an amount sufficient to pay for any additional shipping costs. Overdue payments shall be charged interest at the lesser of twelve percent (12%) per annum, or the maximum permitted by applicable law. 5.4.
Product Payment. Pharmacy shall pay Product invoices within [***] days of the date of receipt of such invoices. If a payment date falls on a Saturday, Sunday or a federal holiday, Pharmacy may make payment on the next business day and still be in compliance with the payment terms. If payment is not timely received, Manufacturer reserves the right to [***].
Product Payment. For each Aurix System kit ordered, each RXH Partner Hospital shall pay Nuo in the normal course and subject to standard payment terms the then current product price (which product price shall be $700 in 2016 and no greater than $750 in the remainder of the Initial Term) which is reimbursed by CMS according to the Medicare Reimbursement Information attached as Exhibit B.
Product Payment. Subject to Article 6.2, --------------- Novartis shall pay to Organogenesis, in accordance with Article 7.2, an amount (the "Product Payment") equal to --------------- (a) *** of Net Sales in the Territory by Novartis and its Affiliates and sublicensees with respect to sales during each Amended Contract Year of up to and including *** units of Product, plus (b) *** of Net Sales in the Territory by Novartis and its Affiliates and sublicensees with respect to incremental sales, if any, during each such Amended Contract Year *** units of Product; provided, however, that the percentages in -------- ------- both clauses (a) and (b) shall be decreased by up to *** in the event Organogenesis fails to achieve the Performance Measures, in accordance with and as further set forth in Schedule B attached hereto. Organogenesis ---------- shall provide to Novartis, within thirty (30) days after the end of each calendar quarter during the term of the Amended LSA, a reasonably detailed summary of Organogenesis' performance and achievements with respect to the Performance Measures during the corresponding just-ended calendar quarter. CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH SECURITIES AND EXCHANGE COMMISSION. ASTERISKS DENOTE OMISSIONS.
Product Payment. With respect to the calendar --------------- month in which the Effective Date of this Amendment falls and with respect to each succeeding calendar month during the term of the Amended LSA, Novartis shall pay to Organogenesis, within *** days after the end of each such month, the Product Payment with respect to each such month, together with an accounting report showing the quantity of Product sold by Novartis and its Affiliates or sublicensees in the Territory. Novartis may adjust each such monthly payment immediately following a calendar quarter during the term of the Amended LSA to reflect any reductions attributable to the failure by Organogenesis to achieve the applicable Performance Measures for such calendar quarter or any previous calendar quarter (to the extent such adjustment has not already been made) or for any other applicable adjustments to the calculation of Net Sales for any prior sales of Product (and an accounting report showing the calculation of any such deductions and/or adjustments shall accompany such payments(s)).
Product Payment. Unless otherwise agreed, all Products sold to HUS by ATL --------------- shall be invoiced at the time of shipment. Payment terms are net thirty (30) days of the invoice date. If HUS requests that shipment be made other than F.O.B. ATL's manufacturing facility in Bothell, Washington, the payment must be in an amount sufficient to pay for any additional shipping costs. Overdue payments shall be charged interest the lesser of twelve percent (12%) per annum, or the maximum permitted by applicable law.
Product Payment. Section VII(B) of the Original Agreement and Section 8.7 of the First Amendment are hereby modified as follows: ST will grant NVIDIA a revolving line of credit up to a maximum of the sum of NVIDIA equity and ST's profit margin in sales of RIVA128 products to NVIDIA over the preceding thirty (30) days. For purposes of this Section 6, NVIDIA's equity shall equal the difference between NVIDIA's assets and liabilities during the same thirty (30) day period for which ST will measure its profit on the sale of RIVA128 products to NVIDIA. ST's profit shall be the Xxxx-Up multiplied by the number of units sold to NVIDIA during such thirty (30) day period. ST shall have no obligation to grant such line of credit until NVIDIA enters into sufficient agreements documenting such arrangement and providing ST sufficient security to issue such line of credit. NVIDIA shall pay the full balance of such line of credit within ten (10) days of the initial public offering of its securities. All other terms of such Sections shall remain unchanged except as previously amended.
Product Payment. Buyer shall pay Seller for Products received by Buyer: Pay on Scan Within ten days after on-scan or entry into the cash register at a Buyer-owned store and within ten days after wholesale delivery from Buyer’s distribution center to Buyer franchisees or unaffiliated purchasers.
Product Payment. SUPPLIER shall invoice BUYER upon delivery of the Product to the Carrier. Payment of the Purchase Price shall be due to SUPPLIER thirty days (30) days after the date of SUPPLIER’s invoice. In the event of a delay in shipment of Product caused by BUYER, the invoice shall be dated as of the QA release date by SUPPLIER. In the event of production delays in excess of thirty (30) days caused by BUYER’s failure to supply BUYER Supplies (as defined below) to SUPPLIER, then SUPPLIER has the right to invoice BUYER for the in-process materials.
Product Payment. MAPLESOFT shall pay to the Toolbox Developer a monthly payment for all Product sold that month, less pre-approved returns, Product Payment shall be due thirty (30) days from last day of the month sold and provided in U.S. Dollars (except in the case of sales of Product to End Users located in Canada that paid MAPLESOFT or its resellers for the Product in Canadian Dollars, in which case Product Payment for such sales may be provided in Canadian Dollars), and wired to the bank account designated by the Toolbox Developer or otherwise paid to the Toolbox Developer as agreed to by the parties acting reasonably. All payment terms described in this section will remain applicable regardless of the credit terms extended by Maplesoft to any End User or through a reseller and regardless of whether MAPLESOFT identifies an End User or reseller as a risk of doubtful collection for payment of accounts, unless exceptions to the thirty (30) day payment terms are accepted in advance and in writing by the Toolbox Developer. MAPLESOFT will promptly notify Toolbox Developer in writing (and in any event as part of its reporting set forth in Section 5.3) when an End User or reseller of MAPLESOFT is outside of MAPLESOFT’s standard credit, collection and payment terms. Provided MAPLESOFT properly reports the collection risk of an End User or reseller to Toolbox Developer as set forth above, the Product Payment amount of an account of that End User or reseller (the “Uncollected Amount”) that is not collected within 120 days of the date of sale, shall be subtracted from the next scheduled Product Payment. If payment is thereafter made by such an End User or reseller, the Uncollected Amount shall be reported to Toolbox Developer in accordance with Section 5.3 and included in the next scheduled Product Payment
