2nd Installment Payment Clause Samples
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2nd Installment Payment a sum of Two Hundred and Ninety four Thousand United States Dollars (USD 294,000) which is equivalent to forty two percent (42%) of the Installment Payment shall be paid within seven (7) days after to the date of commencement of commercial service of the Game("Commercial Service Date"). No installment payment shall be refunded to or recouped by Licensee for any reason.
2nd Installment Payment a sum of Twelve Thousand Five Hundred United States Dollars (USD 12,500) which is equivalent to twenty-five percent (25%) of the Installment Payment shall be paid no later than the date of commencement of the beta service of the Game in the Territory; and