Common use of Delivery and Invoicing Clause in Contracts

Delivery and Invoicing. On and after the Effective Date, Supplier agrees to deliver Products ordered by the Authorized Distributors on behalf of Members to the Authorized Distributors, FOB destination, and will direct its invoices to the Authorized Distributors in accordance with this Agreement. Supplier agrees to prepay and absorb charges, if any, for transporting Products to the Authorized Distributors. Payment terms are 2%-30, Net 31 days. Supplier will make whatever arrangements are reasonably necessary with the Authorized Distributors to implement the terms of this Agreement; provided, however, Supplier will not impose any purchasing commitment on any Member or Authorized Distributor as a condition to the Member's or Authorized Distributor's purchase of any Products pursuant to this Agreement.

Appears in 2 contracts

Sources: Supplier Agreement (Carrington Laboratories Inc /Tx/), Supplier Agreement (Carrington Laboratories Inc /Tx/)