Advance Payment. Ten (10) percent of the Contract Price shall be paid within thirty (30) days of signing of the Contract against an invoice and a bank guarantee for the equivalent amount and in the form provided in the Tendering document or another form acceptable to the Procuring Entity.
Appears in 37 contracts
Samples: Framework Agreement, Framework Agreement, Framework Agreement for Provision of Legal Services
Advance Payment. Ten (10) percent of the Contract Price shall be paid within thirty (30) days of signing of the Contract against an invoice and a bank guarantee for the equivalent amount and in the form provided in the Tendering document or another form acceptable to the Procuring Entity.N/A (ii) On Delivery: Eighty (80) percent of the Contract Price shall be paid on receipt of the Goods and upon submission of the documents specified in GCC Clause 13. The bank guarantee shall then be released.N/A
Appears in 7 contracts
Samples: Tender Agreement, Tender Agreement, Tender Agreement
Advance Payment. Ten (10) percent of the Contract Price shall be paid within thirty (30) days of signing of the Contract against an invoice and a bank guarantee for the equivalent amount and in the form provided in the Tendering document or another form acceptable to the Procuring Entity.. N/A (ii) On Delivery: Eighty (80) percent of the Contract Price shall be paid on receipt of the Goods and upon submission of the documents specified in GCC Clause 13. The bank guarantee shall then be released. N/A
Appears in 2 contracts
Samples: Framework Agreement, Framework Agreement
Advance Payment. Upon certification ,acceptance of the goods and provision of invoice and other relevant document.Ten (10) percent of the Contract Price shall be paid within thirty (30) days of signing of the Contract against an invoice and a bank guarantee for the equivalent amount and in the form provided in the Tendering document or another form acceptable to the Procuring Entity.
Appears in 1 contract
Samples: Tender Agreement
