Amount of each contract Clause Samples
The 'Amount of each contract' clause defines the total monetary value or consideration agreed upon for a specific contract. This clause typically specifies the exact sum to be paid, the currency, and may outline any conditions or milestones tied to payment disbursements. By clearly stating the contract amount, it ensures both parties have a mutual understanding of the financial obligations, thereby reducing the risk of disputes over payment expectations.
Amount of each contract. A brief description of the purpose of the contract and the types of services provided under each contract.