Common use of Settlement Methods Clause in Contracts

Settlement Methods. Both parties confirm that based on the settlement discount stated in this agreement, Party B will remit the due payment in full to the account of Party A before the delivery of the magazines to Party B each month (the proof of money wiring must be provided by fax). In the case of payment default by Party B, Party A has a right to terminate the supply of magazines.

Appears in 3 contracts

Sources: Distribution Agreement (China Marketing Media Holdings, Inc.), Distribution Agreement (China Marketing Media Holdings, Inc.), Distribution Agreement (China Marketing Media Holdings, Inc.)

Settlement Methods. Both parties confirm that based on the settlement discount stated in this agreement, Party B will remit the due payment in full to the account of Party A before the before the delivery of the magazines by Party A to Party B each month (the proof of money wiring must be provided by fax). In the case of payment default by Party B, Party A has a right to terminate the supply of magazines.

Appears in 2 contracts

Sources: Distribution Agreement (China Marketing Media Holdings, Inc.), Distribution Agreement (China Marketing Media Holdings, Inc.)

Settlement Methods. Both parties confirm that based on the settlement discount stated in this agreement, Party B will remit the due payment in full to the account of Party A before the delivery 20th day of the magazines to Party B each month (the proof of money wiring must be provided by fax). In the case of payment default by Party B, Party A has a right to terminate the supply of magazines.

Appears in 1 contract

Sources: Distribution Agreement (China Marketing Media Holdings, Inc.)