Common use of Standard Payment Terms Clause in Contracts

Standard Payment Terms. All orders must be paid in full prior to shipment via wire transfer or credit card. Skyfish has the right to refuse any order, even after accepting payment or partial payment for such order. Skyfish will credit/refund any such payment made by the Buyer, if Skyfish rejects the order. Once Buyer has been notified that a product is allocated to them, the Buyer must have sufficient funds in Buyer’s account to cover the cost of the Product or remit payment in full within five (5) business days, or the order will be cancelled. All cancelled orders must be re-ordered (order positions based on re-order date).