Common use of The Price and Payment Clause in Contracts

The Price and Payment. 3.1. The price is the Company’s quoted price or the price set out in its quotation, purchase order or sales order, sales invoice or as set out overleaf or elsewhere. The Price is exclusive of VAT which shall be due at the rate ruling on the date of the Company’s invoice. 3.2. Payment of the Price and VAT is due within 30 days of the date of the invoice. 3.3. Interest will accrue on overdue invoices from the date when payment becomes due from day to day until the date of payment at a rate of 3% above the Barclays Bank plc’s base rate from time to time in force and will accrue at such a rate after as well as before any judgment. 3.4. The Company does not accept responsibility for any pallet cases cartons or other such materials delivered with the Goods although wherever possible will endeavour to return the same. If the Company is unable to use such material the Company will pack the treated goods as it deems appropriate and any additional costs so incurred shall be charged to the Owner. 3.5. The Owner shall not be entitled to withhold payment of any amount payable under the contract because of any disputed claim of the Owner in respect of faulty Treatment or any other alleged breach of contract nor shall the Owner be entitled to set off against any amount payable under the contract to the Company any monies which are not then presently payable by the Company or for which the Company disputes liability.