Common use of Payment of Cash Contributions Clause in Contracts

Payment of Cash Contributions. CSIRO agrees that the Industry Parties will pay their respective annual Cash Contribution in instalments quarterly. Each instalment will be paid in advance, after receipt of a tax invoice and upon receipt of a Progress Report to the reasonable satisfaction of each Industry Party.

Payment of Cash Contributions. ‌ CSIRO agrees that the Industry Parties will pay their respective annual Cash Contribution in instalments quarterlysix-monthly instalments. Each instalment will be paid in advance, after receipt of a tax invoice and upon receipt of a Progress Report to the reasonable satisfaction of each Industry Party.

Payment of Cash Contributions. ‌ CSIRO agrees that the Industry Parties will pay their respective annual Cash Contribution in instalments quarterly. Each instalment will be paid in advance, after receipt of a tax invoice advance and upon receipt of a Progress Report to the reasonable satisfaction of each Industry Party.