Common use of Invoice Payments Clause in Contracts

Invoice Payments. The Vendor will invoice the Owner for the full amounts shown in Exhibit B on the dates set forth therein. The Owner will pay such invoiced amounts within thirty (30) days of the receipt of any such invoices. The Vendor understands and agrees that amounts owed and invoiced in accordance with the terms of this Agreement, may be credited, at the Owner's option, against the Vendor's financing facilities pursuant to and in accordance with the terms of those facilities.