Invoices and Payment Terms Clause Samples
The "Invoices and Payment Terms" clause defines the procedures and requirements for billing and payment between parties in a contract. It typically outlines when and how invoices should be issued, the timeframe within which payments must be made, acceptable payment methods, and any applicable late fees or interest for overdue payments. For example, it may specify that invoices are to be submitted monthly and payments are due within 30 days of receipt. This clause ensures both parties have a clear understanding of their financial obligations, reducing the risk of disputes over payment timing or amounts.
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Invoices and Payment Terms. 5.3.1. Wazuh may invoice parts of an Order separately according to the following:
5.3.1.1. The Fees relating to accessing each Application (the “Subscription Fees”) for the initial Term will be invoiced as of the Eective Date of the applicable Sales Order unless otherwise agreed upon by the parties, and for each Renewal Term, at the commencement of such Renewal Term. Customer acknowledges that Subscription Fees for Renewal Terms are due on or by the first day of such Renewal Term.
5.3.1.2. Fees for Consulting Services will be invoiced upon receipt of an executed Sales Order or Statement of Work.
5.3.1.3. Training Seats will be invoiced upon receipt of an executed Sales Order and shall be paid in full to obtain access to the course. Regardless of whether a Training Seat was billed together with other Wazuh Services, payment must be made at least five (5) before the course begins and no later than thirty (30) days from the date of the invoice.
5.3.2. If Customer believes that Wazuh has billed Customer incorrectly, Customer must notify Wazuh thereof no later than thirty (30) days of the invoice date, otherwise the invoice shall be conclusively deemed correct.
5.3.3. Customer will make payment within thirty (30) days of the date of the invoice or as otherwise stated in the Sales Order. Unless otherwise specified in the applicable Sales Order, all amounts payable under this Agreement are denominated in U.S. dollars, and Customer will pay all such amounts in U.S. dollars. Payment options may be credit card, wire/electronic transfer, company check, or other pre-arranged payment method. Any and all payments made by Customer pursuant to this Agreement are non-refundable, except as otherwise expressly provided herein.
Invoices and Payment Terms. In consideration for the performance of the Services, ALPHA shall be paid an amount and according to terms set forth in the Proposal (“Project Cost”); however, if payment terms are not listed in the Proposal, payment for Services shall be payable within thirty (30) days of ALPHA’s invoice date (the “Payment Due Date”). All payments must be paid by the Payment Due Date, and shall not be contingent upon CLIENT’s receipt of separate payment, financing or closing on the project property, or other conditions whatsoever. If CLIENT objects to any portion of an invoice, it shall notify ALPHA in writing within ten (10) days from the date of actual receipt of the invoice of the amount and nature of the dispute, and shall timely pay undisputed portions of the invoice. Past due invoices and any sums improperly withheld by CLIENT shall accrue interest thereon at the rate of one percent (1%) per month, or the maximum rate allowed by law, whichever is lower. CLIENT agrees to pay all costs and expenses, including reasonable attorney’s fees and costs, incurred by ALPHA should collection proceedings be necessary to collect on Client’s overdue account. Unless the Proposal specifies the Project Cost as not-to-exceed or lump sum, CLIENT acknowledges that any cost estimates and schedules provided by ALPHA may be subject to change based upon the actual Site conditions encountered, weather delays and impact and any other requirements of the CLIENT and should be used by CLIENT for planning purposes only. ALPHA will endeavor to perform the Services within the estimates but will notify CLIENT if estimates are likely to be exceeded. In the event of changed site conditions or other conditions requiring additional time, CLIENT agrees to pay the reasonable and necessary increases resulting from such additional time. Unless otherwise specified in the Proposal, CLIENT will be solely responsible for all applicable federal, state or local duty, import, sales, use, business, occupation, gross receipts or similar tax on the Services, and for any applicable duty, import sales, uses, business, occupation, gross receipts or tax and shipping charges relating to equipment and repair parts furnished in connection with the Services. In the event ALPHA is required to respond to any subpoena or provide testimony (as a fact or expert witness) related to the Services, CLIENT shall pay ALPHA for time and expenses in accordance with ALPHA’s then current fee schedule.
Invoices and Payment Terms. Granicus will make available detailed invoices to you in respect of any applicable fees on a monthly or annual basis depending on your chosen plan. You agree to pay the amount specified in each invoice upon receipt. Accounts thirty (30) days past due are subject to suspension or cancellation in accordance with the Contract Disputes Act.
Invoices and Payment Terms. It is understood and agreed that orders will be shipped at the established Contract prices in effect on dates orders are placed. Invoicing at variance with this provision will subject the Contract to cancellation. Upon satisfactory delivery of the Goods or satisfactory completion of the Services, all invoices and statements shall reference the Contract number and be submitted to: Village of ▇▇▇▇▇▇, Accounts Payable, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, North Carolina, 28173. Payment terms are Net 30 days after receipt of correct, undisputed invoice or acceptance of Goods or Services, whichever is later.
Invoices and Payment Terms. Subject to Section 4.4 (Disputed Invoices), Customer shall pay all amounts due within thirty (30) days of the date of the applicable invoice. Unless otherwise specified in a Sales Order, fees for Services shall be invoiced annually and in advance. Further, Customer acknowledges and agrees that fees for renewals of Subscription Services are due on the first day of the renewing Subscription Term and shall be invoiced in advance as set forth above. Fees for additional Services or modifications to the Entitlements shall be invoiced upon ▇▇▇▇▇▇’s receipt of Customer’s request for such purchase. Subject to Section 4.2 (Modifications to Entitlements), where modifications to Entitlements to Subscription Services are purchased by Customer during an active Subscription Term, such fees shall be pro-rated for the remainder of such Subscription Term. Customer may provide Upland with a purchase order number or contract control number (“Order Number”) for invoicing for Services purchased under the Agreement. Where Customer provides such Order Number, ▇▇▇▇▇▇ agrees that it will provide the Order Number on each invoice and that no invoice will be considered validly submitted under this Agreement without such Order Number. Whenever a purchase order is issued by Customer as provided herein, the parties agree that any such issuance is for convenience of the Customer and the terms and conditions of any such purchase orders, if any, are superseded by this MSA.
Invoices and Payment Terms. The fees relating to accessing each Application (the “Subscription Fees”) for the Initial Term will be invoiced upon execution of the applicable Sales Order and, for each Renewal Term, at the commencement of such Renewal Term. Fees for Professional Services will be invoiced upon execution of the applicable Sales Order, unless otherwise specified in such Sales Order. Unless otherwise expressly set forth on the applicable Sales Order, Customer will pay all amounts due within 30 days of the date of the applicable invoice. Customer acknowledges that Subscription Fees for Renewal Terms are due on or by the first day of such Renewal Term.
Invoices and Payment Terms. Distributor shall send Sub-Distributor invoices via mail or email for each shipment. Sub-Distributor shall notify Distributor in writing if Sub-Distributor disputes any charges set forth on an invoice within fifteen (15) calendar days after receipt of such invoice, specifying in reasonable detail the items disputed and basis for the dispute. Thereafter, the Parties will work in good faith to resolve such dispute as quickly as is reasonably possible. If any such dispute is not resolved within thirty (30) calendar days after Sub-Distributor’s receipt of the applicable invoice, then Distributor may suspend any further shipments of Products under this Agreement until such time as the dispute is resolved and all amounts agreed upon by the Parties to be due are paid in full. All undisputed amounts on each invoice are due and payable within thirty (30) calendar days from the date of Sub-Distributor’s receipt of the invoice. Payments due hereunder must be made, at Sub-Distributor’s option, by ACH, wire transfer, certified check or such other method as may be agreed to by the Parties. Distributor reserves the right to change or modify payment terms upon thirty (30) calendar days’ written notice to Sub-Distributor at any time following a default by Sub-Distributor of its payment obligations under this Agreement with such changes or modifications to be effective for Purchase Orders submitted after such thirty (30) calendar day period. Invoices will be issued upon shipment of the Product to Sub-Distributor or to Sub-Distributor’s customer via direct shipment.
Invoices and Payment Terms. All invoices must include the purchase order number or master agreement number. Failure to comply may result in delayed payments. The County payment terms are Net 30 days unless a cash discount is allowed for payment within not less than twenty (20) days. The payment term shall begin on the date the merchandise is inspected, delivered and accepted by the County and the correct invoice is received by Accounts Payable. ▇▇▇▇▇▇ County Government ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, SW Suite 7001 Atlanta, Georgia 30303 Attn: Finance Department – Accounts Payable OR Email: ▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ At minimum, original invoices must reference all of the following information:
1) Vendor Information
a. Vendor Name
b. Vendor Address
c. Vendor Code d. Vendor Contact Information e. Remittance Address
2) Invoice Details
a. Invoice Date
b. Invoice Number (uniquely numbered, no duplicates) c. Purchase Order Reference Number
d. Date(s) of Services Performed e. Itemization of Services Provided/Commodity Units
3) ▇▇▇▇▇▇ County Department Information (needed for invoice approval)
a. Department Name b. Department Representative Name
Invoices and Payment Terms. Purchaser represents to Supplier that any Purchase Orders will be submitted by an authorized representative of the Purchaser. Any shipment or provision of any Goods or Services pursuant to a Purchase Order shall constitute acceptance by the Supplier of the Purchase Order. Unless otherwise agreed in writing between the parties, Supplier will invoice Purchaser for Purchase Orders, and Purchaser will pay Supplier within thirty (30) days of the due date. Supplier reserves the right to charge Purchaser interest at the rate of 1.5% per month (but in no event greater than the highest rate of interest allowed by applicable law) for any invoice not paid within 30 days of the due date. Any interest charges will be compounded and added to Purchaser’s total balance due. In addition to all other remedies available under this Agreement or at law (which Supplier does not waive by the exercise of any rights hereunder), Supplier shall be entitled to suspend the delivery of any Goods or performance of any Services if Purchaser fails to pay any amounts when due hereunder. The Purchaser may not withhold payment of any amount due to Supplier because of any set-off, counter-claim, abatement, or other similar deduction.
Invoices and Payment Terms. Supplier may invoice Seagate with each delivery, but not more frequently than as designated by Seagate’s local finance department. Payment will be due [*] days from the date Seagate receives the invoice. Seagate’s local finance department may designate specific days of the month as deadlines for submitting invoices. If Supplier submits its invoice after the local invoice deadline, then the invoice will not be deemed received by Seagate until the next invoice deadline.