Common use of Second Payment Clause in Contracts

Second Payment. Qwest shall pay SPC by wire transfer of immediately available funds the sum of five million eleven thousand two hundred sixteen and no/100 dollars (US$5,011,216.00) immediately upon the execution of this Agreement by both Parties (the "Second Payment").

Appears in 2 contracts

Sources: Unit Redemption, Release, and Sale Agreement (Nevada Power Co), Construction and Sale Agreement (Nevada Power Co)