Invoicing of the Products and Payment. ERYTECH shall invoice for Products after delivery to TEVA of the Products according to the Transfer Price and for the reimbursement of the Transportation Costs as specified in Article 5.4 (Transportation). TEVA shall pay for the Products, within [***] days after the last day of the month in which the invoice was issued by ERYTECH, by letter of credit issued by a bank of the Territory and confirmed by a first class bank in favor of ERYTECH. Products shall be paid in Euros.
Appears in 2 contracts
Sources: Exclusive Distribution Agreement (Erytech Pharma S.A.), Exclusive Distribution Agreement (Erytech Pharma)