WorldCC Foundation
WorldCC Foundation
  • Home
  • About this Library
  • Explore the Library
  • Submit a Clause
  • Get Involved
  • About WorldCC Foundation

Commercial Terms (Payment and Delivery)

To ensure that when decisions are made that workers will be paid appropriately and accordingly

Buyer shall collaborate with Supplier to agree on commercial terms, including payment and delivery terms, that will support Buyer’s and Supplier’s performance of their respective obligations under this Agreement and prevent and mitigate Adverse Impacts. Delivery and payment terms will clearly indicate the time and place for (a) the transfer of risk of loss; (b) Buyer’s obligation to accept the goods; and (c) Buyer’s obligation to pay.

Clause TypeSocial
JurisdictionUnited States
IndustryMultiple / cross-industry
Focus AreaCollaborative
Scopeboth
Contract TypeMaster Services Agreement (MSA), Service Level Agreement (SLA), Purchase Agreement / Order, Sales Contract, Statement of Work (SOW)
Relevant UNSDGsGoal 8: Decent Work and Economic Growth, Goal 12: Responsible Consumption and Production
Connecting ClausesNo
Copy this clause
Give feedback on this clause
Submit feedback or an example
Get email updates on this clause
Climate Recitals
Compliance Procedures

Loading...

© WorldCC Foundation