Payment Guarantee. 6.1 The Employer shall within 30 days of date of a written request by the contractor to such effect, furnish to the Contractor a banker’s letter of approval for the full amount of the Contract Sum in terms whereof the Contractor shall be entitled to receive progress payments as hereinunder specified as the Works proceed in accordance with the provisions set out hereunder.
Appears in 6 contracts
Samples: Building Agreement, Building Agreement, Building Agreement
