Common use of Regular Payments Clause in Contracts

Regular Payments. Unless otherwise agreed, payment for UGS shall be made by Buyer in U.S. dollars by telegraphic transfer to QIT, to such account at QIT shall notify to Buyer, within thirty (30) days of the date of the ▇▇▇▇ of Lading for such shipment. QIT shall provide Buyer with the following documents: 1. QIT's commercial invoice covering the shipment, based on the assumption that the TiO2 content of UGS is 95.0%; 2. QIT's weight certificate; 3. A full set of clean on-board ocean bills of lading covering the shipments in question, designating "QIT-Fer er Titane Inc." as shipper and "Tioxide Europe Limited" or any affiliated company designated by Buyer, as consignee; and 4. Such other documents and papers as may be required to clear UGS for shipment from Canada to the port of destination. The above-mentioned documents shall be airmailed to Buyer or such affiliated company as Buyer shall have designated in accordance with Article XVIII. QIT shall accept payment from any of Buyer's affiliated companies, but Buyer shall be primarily and separately liable for all sums properly due and unpaid under this Agreement that are not paid by such affiliates.