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Payment Terms

Payment terms

  • All invoices must be paid by the due date.
  • Overdue payments will incur a service fee equal to the lesser of 2% per month or the maximum legal rate.
  • Purchaser will defend at its own expense and indemnify and hold harmless Manning Steel, its agents, employees, and indemnities from and against any and all claims, losses, damages, liabilities, demands, actions, costs, expenses, and fees (including attorneys’ fees) arising out of or in connection with the sale of the equipment to Purchaser or any subsequent use, operation, or disposition of the equipment.
  • Chargebacks are subject to a $500 penalty added to the amount due.
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