Common use of Payment by Client Clause in Contracts

Payment by Client. The Client (or the applicable Eligible Customer(s)) shall pay Vendor all undisputed amounts set forth in invoices properly issued in accordance with this Section, within thirty (30) days after receipt thereof, or thirty (30) days after receipt of the applicable goods or Services, whichever is later. The Client may, however, withhold payment of any invoiced amounts that the Client disputes in good faith, pending resolution of the matter. Vendor may submit a preliminary draft invoice to the Client in order to attempt to minimize any issues that could lead to a disputed invoice. The Client shall have no more than thirty (30) days to make payment to Vendor following the date the payment dispute is resolved with Vendor. All payments by the Client shall be made by Electronic Data Interchange, unless the Parties mutually agree in writing to an alternative form or method of payment. The Client shall pay Interest on any undisputed invoiced amounts that remain unpaid for seven days following the required payment due date. Vendor must invoice the Client separately for the assessed Interest charge.

Payment by Client. The Client (or the applicable Eligible Customer(s)) shall pay Vendor all undisputed amounts set forth in invoices properly issued in accordance with this SectionSection 11.2, within thirty (30) days after receipt thereof, or thirty (30) days after receipt of the applicable goods or Services, whichever is later. The Client may, however, withhold payment of any invoiced amounts that the Client disputes in good faith, pending resolution of the matter. Vendor may submit a preliminary draft invoice to the Client in order to attempt to minimize any issues that could lead to a disputed invoice. The Client shall have no more than thirty (30) days to make payment to Vendor following the date the payment dispute is resolved with Vendor. All payments by the Client shall be made by Electronic Data Interchange, unless the Parties mutually agree in writing to an alternative form or method of payment. The Client shall pay Interest on any undisputed invoiced amounts that remain unpaid for seven days following the required payment due date. Vendor must invoice the Client separately for the assessed Interest charge.