Fourth Instalment. Ten per cent (10%) of the CONTRACT PRICE amounting to U.S.Dollars Nine Million One Hundred Fifty Thousand only (US$ 9,150,000-) shall be paid within three (3) business days of receipt by the BUYER of a facsimiled advice from the BUILDER that the launching of the VESSEL has been completed.
Appears in 5 contracts
Samples: Shipbuilding Contract (Danaos Corp), Shipbuilding Contract (Danaos Corp), Shipbuilding Contract (Danaos Corp)
