Capacity Reservation Fee Second Installment Clause Samples

Capacity Reservation Fee Second Installment. No later than three (3) Business Days following satisfaction of the Conditions Precedent and the exercise of the option by Customer pursuant to Clause 2.1, Customer shall pay to SABINE an additional amount of U.S.$10,000,000 (the “Capacity Reservation Fee Second Installment”) by wire transfer in immediately available funds to an account specified in writing by SABINE. Except as provided in Clause 2.3, SABINE shall have no obligation to refund to Customer the Capacity Reservation Fee Second Installment for any reason.