Common use of Linkage Clause in Contracts

Linkage. Upon the date in which the conditions for transfer of payment to the Management Venture are fulfilled, as set forth in Appendix C (The Consideration) of the Agreement, the Company will pay to the Management Venture on account of the Consideration for the execution, such payment after adjustment to changes that occurred during the period that passed from the filing date of the proposals in the tender and until such payment date. The linkage will be pursuant to the proposal of the Management Venture in the table included in Form β€œ13” (price proposal) of the Invitation to Bid and pursuant to the provisions set forth in Appendix C (The Consideration) to this Agreement.

Appears in 4 contracts

Samples: www.iroads.co.il, www.iroads.co.il, www.iroads.co.il

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