Common use of ACCESS NETWORK Clause in Contracts

ACCESS NETWORK. In advance of 20% of the value of the FINANCING FOR THE ACCESS NETWORK (20%), amounting to THIRTEEN MILLION SEVEN HUNDRED ELEVEN THOUSAND FOURTY EIGTH US dollars (US $ 13´711,048.00) payment which will be made at subscription of the FINANCING CONTRACT. This advance disbursement is made ​​against delivery of the ADVANCE PAYMENT GUARANTEE for the total amount thereof. A second disbursement of fifteen percent (15%) of the value of the FUNDING FOR ACCESS NETWORK amounting to TEN MILLION TWO HUNDRED EIGHTY THREE THOUSAND TWO HUNDRED EIGHTY SIX US dollars (US$ 10´283,286.00) value that shall be paid when THE CONTRACTOR attests the installation of Sixty Percent (60%) of total COMPULSORY PAID INSTITUTIONS.

Appears in 1 contract

Sources: Financing Agreement (Gilat Satellite Networks LTD)

ACCESS NETWORK. In advance of 20% of the value of the FINANCING FOR THE ACCESS NETWORK (20%), amounting to THIRTEEN MILLION SEVEN FOUR HUNDRED ELEVEN FIFTY THREE THOUSAND FOURTY EIGTH TWO HUNDRED FIVE US dollars and FORTY CENTS (US $ 13´711,048.00US$ 13´453,205.40) payment which will be made at subscription of the FINANCING CONTRACT. This advance disbursement is made ​​against delivery of the ADVANCE PAYMENT GUARANTEE for the total amount thereof. A second disbursement of fifteen percent (15%) of the value of the FUNDING FOR ACCESS NETWORK amounting to TEN MILLION TWO EIGHTY NINE THOUSAND NINE HUNDRED EIGHTY THREE THOUSAND TWO HUNDRED EIGHTY SIX FOUR US dollars DOLLARS AND FIVE CENTS (US$ 10´283,286.0010´089,904.05) value that shall be paid when THE CONTRACTOR attests the installation of Sixty Percent (60%) of total COMPULSORY PAID INSTITUTIONS.

Appears in 1 contract

Sources: Financing Agreement (Gilat Satellite Networks LTD)

ACCESS NETWORK. In advance of 20% of the value of the FINANCING FOR THE ACCESS NETWORK (20%), amounting to THIRTEEN TEN MILLION SEVEN NINE HUNDRED ELEVEN NINETY THOUSAND FOURTY EIGTH US FIVE HUNDRED NINETY dollars (US $ 13´711,048.00US$ 10´990,590.00) payment which will be made at subscription of the FINANCING CONTRACT. This advance disbursement is made ​​against delivery of the ADVANCE PAYMENT GUARANTEE for the total amount thereof. A second disbursement of fifteen percent (15%) of the value of the FUNDING FOR ACCESS NETWORK amounting to TEN EIGHT MILLION TWO HUNDRED EIGHTY THREE FORTY TWO THOUSAND NINE HUNDRED FORTY TWO HUNDRED EIGHTY SIX US dollars DOLLARS AND FIFTY CENTS (US$ 10´283,286.00US $ 8´242,942.50) value that shall be paid when THE CONTRACTOR attests the installation of Sixty Percent (60%) of total COMPULSORY PAID INSTITUTIONS.

Appears in 1 contract

Sources: Financing Agreement (Gilat Satellite Networks LTD)