On Shipment. Eighty (80) percent of the Contract Price of the Goods shipped shall be paid through irrevocable confirmed letter of credit opened in favour of the Supplier in a bank in its country, upon submission of documents specified in GCC Clause 12.
Appears in 50 contracts
Sources: Framework Agreement, Framework Agreement, Framework Agreement for Vehicle Mechanical Services
On Shipment. Eighty (80) percent of the Contract Price of the Goods shipped shall shal be paid through irrevocable confirmed letter of credit opened in favour of the Supplier in a bank in its country, upon submission of documents specified in GCC Clause 12.
Appears in 2 contracts
Sources: Tender Agreement, Framework Contract
On Shipment. Eighty (80) percent of the Contract Price of the Goods shipped shall be paid through irrevocable confirmed letter of credit opened in favour of the Supplier in a bank in its it country, upon submission of documents specified in GCC Clause 12.
Appears in 1 contract
Sources: Tender Agreement
On Shipment. Eighty (80) percent of the Contract Framework Price of the Goods shipped shall be paid through irrevocable confirmed letter of credit opened in favour of the Supplier in a bank in its country, upon submission of documents specified in GCC Clause 12.
Appears in 1 contract
Sources: Framework Agreement