Payments under its contract. Payments to the second party for the work will be released by the first party in the following manner:- On signing of agreement and Mobilization Minimum Amount of Interim Payment Certificates : 10% of the Contract Value Final payment Certificate : Upon completion & commissioning and handing over.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement
Payments under its contract. Payments to the second party for the work will be released by the first party in the following manner:- manner:β On signing of agreement and Mobilization Minimum Amount of Interim Payment Certificates : 10% of the Contract Value Final payment Certificate : Upon completion & commissioning and handing over.
Appears in 1 contract
Sources: Loan Agreement