Common use of Part Payment Clause in Contracts

Part Payment. Upon approval and acceptance by Purchaser of an Account, Purchaser shall pay to Client part payment of the Purchase Price in an amount not exceeding 80% (eighty percent) of the Eligible Amount.

Appears in 1 contract

Sources: Accounts Receivable Agreement (Hei Inc)

Part Payment. Upon approval and acceptance by Purchaser of an Account, Purchaser shall pay to Client part payment of the Purchase Price in an amount not exceeding 8075% (eighty seventy-five percent) of the Eligible Amount.

Appears in 1 contract

Sources: Accounts Receivable Agreement (Winland Electronics Inc)