Common use of Assignment of Payments Clause in Contracts

Assignment of Payments. Notwithstanding the above, as per Supplier's explicit written request, using the form attached hereto as Annex "K", the IAA will make payments to a local subcontractor of the Supplier instead of paying to the Supplier. Said payments shall be made by the IAA directly to the Supplier in NIS, according to the representative exchange rate known on the date of invoice. The Supplier hereby warrants that such payment shall be considered as a payment to the Supplier itself and Supplier hereby waives any claim in respect of such payment made by the IAA to the local subcontractor of the Supplier. Such assignment of payment shall not derogate from any of Supplier's undertakings and responsibility to provide the services that were assigned to such local subcontractor, and the provisions of section 8 shall apply with respect to such assignment.

Assignment of Payments. Any payment according to the Contract shall be paid by the IAA directly to the Supplier. Notwithstanding the above, as per Supplier's explicit written request, using the form attached hereto as Annex "K"that will be provided by the IAA, the IAA will make payments to a local subcontractor of the Supplier instead of paying to the Supplier. Said payments shall be made by the IAA directly to the Supplier in NIS, according to the representative exchange rate known on the date of invoice. The Supplier hereby warrants that such payment shall be considered as a payment to the Supplier itself and Supplier hereby waives any claim in respect of such payment made by the IAA to the local subcontractor of the Supplier. Such assignment of payment shall not derogate from any of Supplier's undertakings and responsibility to provide the services that were assigned to such local subcontractor, and the provisions of section 8 9 shall apply with respect to such assignment.

Assignment of Payments. Any payment according to the Contract shall be paid by the IAA directly to the Supplier. Notwithstanding the above, as per Supplier's explicit written request, using the form attached hereto as Annex "K"that will be provided by the IAA, the IAA will make payments to a local subcontractor of the Supplier instead of paying to the Supplier. Said payments shall be made by the IAA directly to the Supplier in NIS, according to the representative exchange rate known on the date of invoice. The Supplier hereby warrants that such payment shall be considered as a payment to the Supplier itself and Supplier hereby waives any claim in respect of such payment made by the IAA to the local subcontractor of the Supplier. Such assignment of payment shall not derogate from any of Supplier's undertakings and responsibility to provide the services that were assigned to such local subcontractor, and the provisions of section 8 10 shall apply with respect to such assignment.

Assignment of Payments. Any payment according to the Contract shall be paid by the IAA directly to the Supplier. Notwithstanding the above, as per Supplier's explicit written request, using the form attached hereto as Annex "K", the IAA will make payments to a local subcontractor of the Supplier instead of paying to the Supplier. Said payments shall be made by the IAA directly to the Supplier in NIS, according to the representative exchange rate known on the date of invoice. The Supplier hereby warrants that such payment shall be considered as a payment to the Supplier itself and Supplier hereby waives any claim in respect of such payment made by the IAA to the local subcontractor of the Supplier. Such assignment of payment shall not derogate from any of Supplier's undertakings and responsibility to provide the services that were assigned to such local subcontractor, and the provisions of section 8 9 shall apply with respect to such assignment.