Common use of Second Installment Clause in Contracts

Second Installment. The Second Installment amounting to Ninety ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Dollars (15%, US$ 91,105,500) shall be due and payable within three (3) banking days six months after the Effective Date of the Contract upon receipt of the BUILDER’s invoice therefore.

Appears in 2 contracts

Sources: Construction Contract (DryShips Inc.), Construction Contract (DryShips Inc.)

Second Installment. The Second Installment amounting to Ninety ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Dollars (15%, US$ 91,105,500) shall be due and payable within three (3) banking days six months after the Effective Date of the Contract upon receipt of the BUILDER’s 'S invoice therefore.

Appears in 2 contracts

Sources: Construction Contract (DryShips Inc.), Construction Contract (DryShips Inc.)