PRICES AND PAYMENT
1. The prices are considered to be the value of the goods or services... excluding discounts and other rebates plus loading, packaging, carriage and any insurance to be contracted only by special agreement and plus value-added tax at the statutory rate.
2. Payment shall be made without deduction in “_” ... upon delivery or transmission of the invoice or other accounting document.
3. Interest on arrears will be charged at 5% p.a. above the applicable base rate as published in the Bundesanzeiger, and at 8% p.a. in the case of legal transactions not involving consumers. In supplement to the statutory regulations, we shall be entitled to levy a higher rate of interest on arrears if we provide evidence of a greater burden, unless the party hereto provides evidence that no default interest loss occurred or that it was substantially lower.
4. Payment instructions, cheques and bills of exchange will only be accepted on account of performance if all discounting and collection charges are paid.
5. The party hereto may only set our claims off against counter-claims that are undisputed, recognised or determined with legal effect.
6. A right to refuse performance may likewise only be exercised in the case of counter-claims that are undisputed, recognised or determined with legal effect, and only if they arise from the same contractual relationship.
7. Terms of payment: unless otherwise agreed, cash in advance or delivery against presentation of an irrevocable letter of credit. Terms of delivery: ex works Ulm/ Saarlouis unless otherwise agreed.