Common use of Advance Payment Security Clause in Contracts

Advance Payment Security. 15.1 The Contractor shall provide an advance payment security issued by a Japanese financial institution, which secures the repayment of any sum advanced by the Client upon the Contractor’s defaults from the date of the advance payment to the date of issue of the certificate of completion of the Construction Work for each Term.

Advance Payment Security. 15.1 13.1 The Contractor shall provide an advance payment security issued by a Japanese financial institution, which secures the repayment of any sum advanced by the Client upon the Contractor’s defaults from the date of the advance payment to the date of issue of the certificate of completion of the Construction Work for each Term.

Advance Payment Security. 15.1 14.1 The Contractor shall provide an advance payment security issued by a Japanese financial institution, which secures the repayment of any sum advanced by the Client upon the Contractor’s defaults from the date of the advance payment to the date of the issue of the certificate of completion of the Construction Work for each TermWork.

Advance Payment Security. 15.1 12.1 The Contractor shall provide an advance payment security issued by a Japanese financial institution, which secures the repayment of any sum advanced by the Client upon the Contractor’s defaults from the date of the advance payment to the date of the issue of the certificate of completion of the Construction Work for each TermWork.

Advance Payment Security. 15.1 The Contractor shall provide an advance payment security issued by a Japanese financial institution, which secures the repayment of any sum advanced by the Client upon the Contractor’s defaults from the date of the advance payment to the date of the issue of the certificate of completion of the Construction Work for each TermWork.