III. ACCEPTANCE
1After completion of the assembly work, the Ordering Party shall receive and accept the order subject on the Contractor's premises, unless expressly otherwise agreed.
2.The Ordering Party automatically defaults on acceptance, if it culpably misses picking up the order subject within a week after receiving advice of completion and the hand-over or consignment of the invoice and if the Contractor has thereupon reminded it.
3.In the case of default of acceptance, the Contractor has the right to charge the customary safe-deposit fee; at the Contractor's discretion, the order subject can also be kept in another place. Custody as well as return consignment to the Contractor's hands shall be carried out at the Ordering Party's risk and costs.
IV. INVOICE
1. Objections to the invoice have to be made in writing within six weeks after its receipt.
2. For the case that net prices (excluding VAT) were determined and charged, the Ordering Party assures that the vehicle will be exported outside the European Union after pick up. Within four weeks after pick up of the vehicle, the Ordering Party is obligated to submit an official confirmation to the Contractor, saying that the vehicle has indeed been exported outside the European Union (export certificate). Should the Ordering Party default on this, the Contractor has the right to charge 16% of the agreed price as compensation. This amount is to be paid by the Ordering Party on the Contractor's first request.
V. PAYMENTS
1.All payments are to be made on dispatch or acceptance of the order subject and delivery of the invoice without any deduction or discount.
2.If the order subject is picked up from the Contractor's premises, the payment is to be made in cash, FSCB cheque or transfer into the Contractor's account. The receipt date of the payment on the Contractor's account shall be decisive for the timeliness of the payment. Any offset with counterclaims shall be excluded, unless affirmed by the Contractor or validly decided by a German court.
3.Default interests of 6 percentage points over the respective base lending rate, in compliance with article 247 of the German Civil Code, will be charged. If further costs, such as bank charges etc., can be verified, these expenses shall also be paid by the Ordering Party.