Common use of INVOICING AND PAYMENT PROCEDURE Clause in Contracts

INVOICING AND PAYMENT PROCEDURE. STRATASYS shall invoice HP concurrently with its delivery of the Products order by HP or Eligible Purchasers. HP shall, pay for the Products delivered to it by STRATASYS in accordance with such invoice within *** from the date of STRATASYS’s Delivery Date of the relevant Products. Any such payment by HP shall be made by wire transfer to the bank account set forth in each relevant invoice issued by STRATASYS. Invoices issued by STRATASYS shall reference the relevant Order number, and indicate, any applicable tax (if any), quantities Products shipped by STRATASYS and date of shipment.

Appears in 2 contracts

Sources: Oem Agreement (Stratasys Inc), Master Oem Agreement (Stratasys Inc)