On Shipment. Eighty (80) percent of the Contract Price of the Goods shipped shall be paid through irrevocable confirmed letter of credit opened in favour of the Supplier in a bank in its country, upon submission of documents specified in GCC Clause 12.
Appears in 46 contracts
Samples: Framework Agreement, Framework Agreement, Framework Agreement
On Shipment. Eighty (80) percent of the Contract Price of the Goods shipped shall shal be paid through irrevocable confirmed letter of credit opened in favour of the Supplier in a bank in its country, upon submission of documents specified in GCC Clause 12.
Appears in 2 contracts
Samples: Tender Agreement, Framework Contract
On Shipment. Eighty (80) percent of the Contract Price of the Goods shipped shall be paid through irrevocable confirmed letter of credit opened in favour of the Supplier in a bank in its it country, upon submission of documents specified in GCC Clause 12.
Appears in 1 contract
Samples: Tender Agreement
