Prices and payment
The supplier may issue a pro forma invoice for the Price under a Contract to the Distributor once the contract has come into force. Price under a Contract to the Distributor once the Contract has come into force. Prices for orders not exceeding 25.000 USD on a monthly by the Distributor so to ensure 100% of the agreed deposit value for the next orders. Prices for exceeding 25.00 USD on a monthly base, shall be immediately invoiced and due for payments within 10 days (cf. clause 8.2). Only upon full payment of these invoices by the Distributor, goods will be delivered to him.
If the Distributor does not pay and amount properly due to the supplier under or in connection with this agreement, the supplier may charge the Distributor interest on the overdue amount at the rate of ten percent (10%) per year.