- Seller Proceeds shall be remitted to the Seller subject to deductions and withholding under the Agreement on the following basis:
Product(s) delivered to Buyer between | Mutually Agreed Date of intimation of completion of transaction between Seller and the Buyer | Payment Date |
1 st to 7th Day of every month | 17th Day of every month | 17th Day of every month |
8 th to 15th Day of every month | 25th Day of every month | 25th Day of every month |
16th to 23rd Day of every month | 3 rd Day of next month | 3 rd Day of next month |
24th to end of every month | 11th Day of next month | 11th Day of next month |
Seller shall be liable or responsible for bank charges or other costs incurred on account of incomplete or inaccurate information provided by You with respect to your Designated Account.