Payment Terms, Purchase Orders
Reseller agrees to pay Vendor in accordance with the Vendor’s Quote or Order Form. Invoices will be issued with 45-day net terms. No terms in Reseller’s Purchase Orders are accepted and are expressly rejected. Late payments accrue 1.5% monthly interest. Vendor may recover legal and collection costs. All sales are final and non-refundable.
Prices do not include taxes.
Reseller agrees to indemnify, defend, and hold Vendor harmless from any taxes arising from this Agreement, except for U.S. taxes based on Vendor’s income.
- Reverse Charge / Self-Assessment (including VAT/GST). Vendor may issue tax-free invoices under applicable reverse charge, self-assessment, or customer-accounted VAT/GST mechanisms. Reseller shall be solely responsible for accounting for and paying all applicable VAT, GST, sales tax, use tax, digital services tax, and any similar indirect taxes due under such mechanisms.
Gross-Up for Withholding
If any applicable law requires Reseller to withhold taxes from payments to Vendor, Reseller shall gross up such payments so that Vendor receives the full amount invoiced, without reduction for any withholding taxes. Reseller shall be solely responsible for remitting such withheld amounts to the appropriate tax authority.
Reseller acknowledges and agrees that all items, including but not limited to taxes, VAT/GST, duties, and withholding obligations, are solely the responsibility of the Reseller. Reseller shall indemnify, defend, and hold harmless Vendor from and against any such assessments or liabilities arising from the resale of the Software.
