This demand covers amounts payable to South Pacific Worldwide Limited (“MADCOW”) from Clamcase, LLC (the "Customer") of which Customer has not paid to MADCOW within 20 days after the agreed upon terms of net 45 day on the balance payment amount of shipped goods starting once product shipment has been confirmation, in connection with that certain Manufacturing and Supply Agreement dated January 17, 2013, as amended, supplemented, superceded, or replaced from time to time, between MADCOW and the Customer."
Mandatory requirements attached to the draw request will be copies of the Clamcase mutually signed Purchase Order(s) with terms and conditions under which payment is sought, copies of the invoice(s) sent to Clamcase under which payment is sought together with an attestation that the invoice was sent to Clamcase and copies of the packing slip(s), including BOL showing delivery to the carrier for each Purchase Order, signed and accepted attestation by way of certified letter sent by MADCOW to Clamcase stating that they are in default on the terms of agreement after which they have the opportunity of 20 days to cure the default.