HUB EQUIPMENT AND SERVICES Sample Clauses

HUB EQUIPMENT AND SERVICES. Payment for the hub Baseband Equipment, Engineering Services, and Spares will be due upon completion of the following milestones: Months After Payment Milestone Contract Start Due --------- -------------- ------- Effective Date (4) 0 5% of Total Contract Price Upon Shipment of Hub Equipment 7 1/2 60% of Total Hub Equipment Services, Spares, (Subsection 1.1); and 10 PESs(TM) Upon Shipment of 90 PES(TM) 9 95% Completion of System Acceptance 10 35% of Total Hub Equipment, Test or Qualified Acceptance Services, Spares (Subsection 1.1), and 10 PESs(TM) Upon Shipment of 100 PES(TM) 11 95% ----------------
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Related to HUB EQUIPMENT AND SERVICES

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