Common use of Payment of Project Cost Clause in Contracts

Payment of Project Cost. 23.3.1 50% (fifty per cent ) of the Project Cost, adjusted for the Price Index Multiple shall be due and payable to the Concessionaire in 5(five) equal instalments of 10% (Ten per cent) each during the Construction Period in accordance with the provisions of Clause 23.4.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Payment of Project Cost. 23.3.1 5020% (fifty twenty per cent ) of the Project Cost, adjusted for the Price Index Multiple shall be due and payable to the Concessionaire in 5(five) equal instalments of 104% (Ten four per cent) each during the Construction Period in accordance with the provisions of Clause 23.4.

Appears in 1 contract

Samples: Concession Agreement

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