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Prices and trade terms dec. 2018
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prices and trade terms 2018 sup port your business 22
article
4. in cases where the parties have not agreed upon a price in advance which is therefore covered in
article
3 the ordering
customer
shall pay the price requested by gh.
article
5. when evaluating
payment
concerning
article
3, the key factor shall be the documentation lodged by gh in cases such as used material, time of working and number of employees assisting with the task. 7.2.3. expenses gh is entitled to refund of documented expenses and related costs if such expenses exceed that agreed. 7.2.4. foreign currencies all prices are quoted in danish kroner unless otherwise agreed.
article
2. if the price is quoted in a foreign currency, the ordering
customer
carries the risk of any fluctuations between the danish krone and the quoted foreign currency between the offer and the
payment
day. 7.2.5.
payment
terms gh's standard
payment
terms are
payment
due upon invoicing.
article
2. failure to pay in accordance with the aforementioned terms can entitle gh to make a written 10-day
payment
claim to the ordering
customer
. failure to pay before the expiry of the
payment
claim will invoke §18.
article
3. gh will apply interest of 1% per month commencing after the due date on unpaid invoices. 7.2.6. collateral notwithstanding 7.2.5. above, gh can reasonably request a pre
payment
or ask the ordering
customer
for sufficient collateral to cover the receivables in connection with unpaid invoices, ongoing tasks or any other claim.
article
2. gh is entitled to cease ongoing tasks without notice and without liability until
payment
or collateral is received. 7.2.7. deductions the ordering
customer
cannot make any deduction from monies payable to gh. 7.2.8. right of lien gh can claim collateral in cargo, documents, cash etc. within the port's control and for all expenses related to the cargo such as fees and storage rent and for all other claims against the ordering
customer
, regardless of whether they are related to other tasks gh has handled for the ordering
customer
.
article
2. gh has the same right to collect insurance
payment
s for items lost or mishandled included in gh's right of lien according to
article
1.
article
3. non-
payment
of gh's receivables minimum 14 days after gh has issued a
payment
claim in accordance with 7.2.5.
article
2 shall entitle gh to sell as much of the cargo as necessary to cover all outstanding amounts due or overdue without resorting to the court and in a reasonable manner, either through public auction or offering to relevant buyers. gh shall seek to inform the ordering
customer
of such a sale.
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