Payment and Invoicing Clause Samples

Payment and Invoicing. As full consideration for the performance of the Services, delivery of the Goods and the assignment of rights to Apple as provided in this Agreement, Apple shall pay Seller (i) the amount agreed upon and specified in the applicable PO, or (ii) Seller's quoted price on date of shipment (for Goods), or the date Services were started (for Services), whichever is lower; provided that if the designated destination for Goods is a Hub (as defined above) Apple shall pay Seller (a) the amount agreed upon and specified in the applicable PO, or (b) Seller's quoted price on the date such goods are physically delivered to Apple and withdrawn from the Hub, whichever is lower. Applicable taxes and other charges such as shipping costs, duties, customs, tariffs, imposts, and government imposed surcharges shall be stated separately on Seller's invoice. Payment by cheque is made when Apple's payment is mailed and payment by bank transfer is made when the funds leave Apple's bank account. Payment shall not constitute acceptance of the Goods or Services. All duties, taxes, copyright levies, environmental levies, or any other levies assessable upon the Goods prior to receipt by Apple of Goods conforming to the PO shall be borne by Seller. Seller shall invoice Apple for all Goods delivered and all Services actually performed. Each invoice submitted by Seller must be provided to Apple within ninety (90) days of completion of the Services or delivery of Goods or as otherwise agreed or specified in the PO and must reference the applicable PO, and Apple reserves the right to return all incorrect invoices. Apple will receive a 2% discount of the invoiced amount for all invoices that are submitted more than ninety (90) days after completion of the Services or delivery of the Goods. Unless otherwise specified on the face of a PO, Apple shall pay the invoiced amount within forty-five (45) days after receipt of an undisputed invoice. Seller shall send only one original invoice to Apple Accounts Payable Department. Seller will receive no royalty or other remuneration on the production or distribution of any products developed by Apple or Seller in connection with or based on the Goods or Services provided. To the extent that any intellectual property subsists in the Goods or Services that does not constitute Work Product as defined below, Seller hereby grants to Apple and warrants that it is entitled to grant to Apple a royalty free, perpetual, irrevocable licence (with the right to sub-l...

Payment and Invoicing. Payment is due at the time the order is placed Unless Customer is approved for credit. Payment shall be in the currency listed on the NI invoice. For all sums not paid when due, NI reserves the right to impose interest daily at a monthly rate of the lesser of one point five percent (1.5%) or the highest rate permissible by law. If there are multiple units in an order, each unit will be invoiced when shipped. For nonstandard invoice processes requested by Customer, NI reserves the right to impose a five percent (5%) processing fee and any amounts NI is required to pay to government authorities on behalf of the Customer (if required).

Payment and Invoicing. The maximum amount payable under this Order shall not exceed . This maximum amount is not a guaranteed amount. Contractor will be paid for products or services actually delivered or performed, as specified in the attached Statement of Work, up to the maximum amount payable. Payment obligations of the State hereunder shall not exceed the maximum allowable rates or other cost structures established by the Authorizing Agreement. Payments of invoices shall be made in accordance with the payment provisions in the Authorizing Agreement as further supplemented herein. a. Contractor shall submit invoices to the State Purchasing Entity’s address identified above. b. Invoices shall include the Order # and Authorizing Agreement # appearing atop the first page of this document.

Payment and Invoicing. Prompt Payment. The State will pay the Contractor pursuant to Minn. Stat. § 16A.124, which requires payment within 30 days following receipt of an undisputed invoice, or merchandise or service, whichever is later. Terms requesting payment in less than 30 days will be changed to read “Net 30 days.” Notwithstanding the foregoing, the State may pay the Contractor in advance for purchases as allowed pursuant to Minn. Stat. §16A.065. The payment for each order will only be made for goods received or services actually performed that have been accepted by the ordering entity, and meet all terms, conditions, and specifications of the Contract and the ordering document. Invoicing. At a minimum the invoice must meet the requirements found on Exhibit D which provides a list of minimum invoice requirements.

Payment and Invoicing. To make all payments by credit/debit card or electronic funds transfer, delivered on or before the due date for payment, to the Lessor’s address for service pursuant to Clause 9.8.2 or such other address notified to the Lessee by the Lessor in writing, such payments to be made in full, and without deduction or set-off.

Payment and Invoicing. Payment is due at the time the order is placed. If Customer is approved for credit, payment shall be due within thirty (30) days from the date of invoice. Payment shall be in the currency listed on the NI invoice. All sums not paid when due shall accrue interest daily at a monthly rate of the lesser of 1.5% or the highest rate permissible by applicable law. If there are multiple units in an order, each unit will be invoiced when shipped. Invoice processes requested by Customer that are non-standard for NI may be subject to the payment of a five percent (5%) processing fee and any amounts NI is required to pay to government authorities on behalf of customers (if applicable).

Payment and Invoicing. 12.1. The Purchaser must pay all sums due to the Service Provider within 30 days of receipt of a valid invoice. 12.2. The Service Provider must render invoices «F48: insert invoicing frequency». 12.3. The Service Provider must ensure that each invoice contains appropriate Contract and Order references «F49: , details of any Service Credits applied» and a detailed breakdown of the Services provided. The Service Provider must supply such other documentation reasonably required by the Purchaser to substantiate any invoice. 12.4. Value added tax, where applicable, must be shown separately on all invoices as a strictly net extra charge. 12.5. Where any Service Credits have been credited to the Purchaser they must be applied against the next invoice rendered by the Service Provider. Where no invoice is due or likely to be rendered for a period exceeding 2 months, the Service Provider must promptly issue a credit note and pay the credited sum to the Purchaser within 30 days of issue. 12.6. Interest is payable on the late payment of any undisputed sums of money in accordance with the Late Payment of Commercial Debts (Interest) ▇▇▇ ▇▇▇▇. In the case of sums due by the Purchaser, the sums referred to in this clause must be properly invoiced by the Service Provider.

Payment and Invoicing. 3.1 In consideration of the Services performed pursuant to this Agreement the Supplier shall submit to Novartis a detailed invoice for the fee payable as specified in the PO. Any applicable value added tax shall be shown separately. The Supplier shall be responsible for ensuring that all invoicing occurs in a prompt and timely manner as agreed to between the Parties. Unless otherwise agreed by the parties in writing, Novartis shall pay the agreed price within the agreed payment term stated on PO. 3.2 Payment will be made upon receipt of the invoice (s) by Novartis in accordance with the Contract or Purchase Order. After completing the Services, invoice (s) can either be sent in original hard copy to company’s headquarters indicated below or mailed to ▇▇.▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ stating “NVS Kenya Limited – Ref: PO No. 41xxxxxxxx” in the subject field. The correct entity must be addressed on the invoice as stated below: Britam Towers, 27th Floor, along Hospital Road, Upper Hill, P.O. Box 46057-00100 GPO 00100 Nairobi Kenya Each invoice must be accompanied by all original expense receipts or other proof of payment for which reimbursement is requested. If any of requirements are not stated on invoice, Novartis will return invoice to the Service Provider and will not proceed with payment. Invoice will be returned in case of below scenarios:  Invoice image is not clear  Bill to address is incomplete/ incorrect  Service Provider address not stated  Service Provider bank details not stated (if applicable)  Invoice date not mentioned  Invoice amount\total not mentioned  PO number not mentioned/Incorrect PO number mentioned  Not a valid invoice (proforma invoice/Statement/documents which are not claimed as invoice or credit note)  The contact person at Novartis or any other person designated by Novartis not mentioned on the invoice  PO currency is not same as invoice currency  Invoice that does not indicate the currency  Invoice that does not comply to the tax regulation requirements (e.g. VAT number of the Service Provider, VAT rate, VAT amount etc., Net amount, Gross amount etc.)  Detailed description and breakdown of the Services and the date (s) of completion of the Services not indicated on the invoice

Payment and Invoicing. MANDATORY REQUIREMENTS 110 3.10.1 The Contracting Authority shall specify which payment option(s) they will require at the Call Off Agreement stage. The Supplier shall have the ability to support payment options, with no additional charge, as directed by Contracting Authorities to include, but not limited to: 110 3.10.2 Where requested by the Contracting Authority, the Supplier shall interface with the Contracting Authorities e-Commerce (Purchase2Pay) system. 110 3.10.3 Where the Contracting Authority does not require a full e-Commerce (Purchase2Pay) system, the Supplier shall provide an alternative solution this will be specified by the Contracting Authority at the Call Off Agreement stage. 110 3.10.4 The Supplier shall comply with Contracting Authorities requirements in respect of authorisation, invoicing and payment processes and procedures specified by individual Contracting Authority. 110 3.10.5 Under the direction of the Contracting Authority, the Supplier shall be required to assist the Contracting Authority in the promotion of process efficiencies. 110 3.10.6 Invoices shall be submitted in arrears to the ordering point stipulated by the Contracting Authority or as instructed by the Contracting Authority at Call Off Agreement stage. 110 3.10.7 Invoices shall be clearly addressed and contain itemised line detail of the service provider and rates applied to the service provided and charging basis. 110 3.10.8 The Supplier shall pay any undisputed sums which are due from the Supplier to a Sub Contractor or Linguist within thirty (30) days from the receipt of a valid invoice and/or timesheet. 110