Common use of The Consideration Clause in Contracts

The Consideration. 24.1. In consideration for the performance of the Project, and meeting all of its obligations pursuant to this Agreement, the Contractor shall be entitled to the consideration detailed in the Payment Schedule (hereinafter “the Consideration”), upon the payment terms detailed therein, all in accordance with, and subject to, the provisions in the Payment Schedule. 24.2. The Contractor shall be entitled to an advance payment, subject to provision of an autonomous bank guarantee in the amount of such advance, in accordance with and subject to, the Payment Schedule. 24.3. The Consideration shall be linked to the Basket Indicators, pursuant to Chapter 5 of the Payment Schedule. It is hereby clarified that, other than linkage as aforesaid, the Contractor shall not be entitled to additional payment increases (including interest, and/or linkage) with respect to the Consideration. 24.4. Each Consideration payment shall be paid to the Contractor in New Israel Shekels and/or foreign currency, in accordance with the provisions of the Payment Schedule. 24.5. With respect to each event that a date is set forth for payment pursuant to this Agreement, or stemming therefrom, which is not a Business Day, the date for such payment shall be postponed to the first Business Day following such date.