Common use of FOURTH PARAGRAPH Clause in Contracts

FOURTH PARAGRAPH. The payment shall be deposited into a bank account kept at a banking institution defined by CHESF, which may also select to issue bills of acceptance which shall be retired by means of bank payments.

Appears in 3 contracts

Sources: Electric Power Purchase and Sale Agreement (Braskem Sa), Electric Power Purchase and Sale Agreement (Braskem Sa), Electric Power Purchase and Sale Agreement (Braskem Sa)