Common use of Redemption Terms Clause in Contracts

Redemption Terms. Eighty five percent (85%) of the total value of each partial delivery of the equipment in operation shall be paid in 20 biannual installments, equal and consecutive. The first installment shall be due six (6) months after each date of the transaction of receipt of the goods and their placing in operation. E)

Redemption Terms. Eighty five percent (85%) of the total value of each partial delivery of the equipment in operation working order shall be paid in 20 biannual installments, equal and consecutive. The first installment shall be due six (6) months after each date of the transaction of partial receipt of the goods and their placing equipment in operationworking order. E)