Common use of Notice of Payment on or before Delivery Clause in Contracts

Notice of Payment on or before Delivery. With the exception of the first instalment, the BUILDER shall give the BUYER Five(5) banking days prior notice by telefax of the anticipated due date and amount of each instalment payable on or before delivery of the VESSEL.

Appears in 7 contracts

Samples: Construction Contract, Construction Contract (Danaos Corp), Construction Contract (Danaos Corp)

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Notice of Payment on or before Delivery. With the exception of the first instalment, the The BUILDER shall give the BUYER Five(5Five (5) banking business days prior notice by telefax of the anticipated due date and amount of each instalment installment payable on or before delivery of the VESSEL.

Appears in 2 contracts

Samples: Shipbuilding and Construction Agreement (Stolt Nielsen S A), Shipbuilding and Construction Agreement (Stolt Nielsen S A)

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