Common use of Advance Payment Security Clause in Contracts

Advance Payment Security. 12.2.1 The Supplier may, if it wishes and provided the performance security has been submitted and other Contract conditions fulfilled, receive an advance payment of no more than ten (10) percent of the Contract Price against delivery of an Advance Payment Security as specified in the SCC.

Appears in 5 contracts

Samples: November 2013, October 2013, Contract

AutoNDA by SimpleDocs

Advance Payment Security. 12.2.1 The Supplier may, if it wishes and provided the performance security has been submitted and other Contract conditions fulfilled, receive an advance payment of no more than ten thirty (1030) percent of the Contract Price against delivery of an Advance Payment Security as specified in the SCC.

Appears in 1 contract

Samples: Contract

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.