Common use of Fifth Installment Clause in Contracts

Fifth Installment. The Fifth Installment amounting to Two Hundred and Forty Two Million Nine Hundred Forty Eight Thousand United States Dollars (40%, US$ 242,948,000) plus or minus any adjustment of the Contract Price under and pursuant to the provisions of this Contract, shall be due and payable upon delivery of the DRILLSHIP or upon tender for delivery of the DRILLSHIP referred to in Paragraph 4 of Article VII of this Contract.

Fifth Installment. The Fifth Installment amounting to Two Hundred and Forty Two Million Nine Hundred Forty Eight Thousand United States Dollars Forty- One Million Six Hundred and Seventy Thousand (4030%, US$ 242,948,000US$41,670,000) plus any increase or minus any decrease due to adjustment of the Contract Price under and pursuant to the provisions of this Contract, shall be due and payable upon delivery of the DRILLSHIP VESSEL or upon tender for delivery of the DRILLSHIP referred VESSEL pursuant to in Paragraph 4 of Article VII of this Contract.