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If a $1000 invoice has the terms "net 30", the buyer must pay the full $1000 within 30 days. The notation "2% 10, net 30" indicates that a 2% discount can be taken by the buyer only if payment is received in full within 10 days of the date of the invoice, and that full payment is expected within 30 days, For example, if a $1000 invoice has the ...
Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property
Take-or-pay clauses are common in the energy industry and, in particular, for gas sales; see volume risk. The High Court in England and Wales recognises such clauses as "a familiar provision in commercial contracts", but also notes that they have been a source of commercial dispute "for more than 100 years". [1]: Paragraph 40
MOSCOW (Reuters) -Russian President Vladimir Putin said on Thursday that he was ready to compromise over Ukraine in possible talks with U.S. President-elect Donald Trump on ending the war and had ...
Still, Kurdia couldn't help cling to hope. "This news means a new chance to live," he said. "This means a new chance for us to live and watch our children live, grow and get education.
Learn how to download and install or uninstall the Desktop Gold software and if your computer meets the system requirements.
The provision will usually indicate that if there is a mandatory withholding or deduction by operation of law (usually with respect to tax), then the paying party shall "gross up" the payment so that the receiving party receives the same net amount. A gross-up clause is also used when a payment that is made will be subject to taxes and the ...
2. Hoppin’ John. Southerners are usually eating Hoppin’ John (a simmery mix of black-eyed peas and rice) on New Year's Day. Like most “vegetable” recipes from around this area, it contains ...