PAYMENT OF THE CONTRACT PRICE, INVOICING AND AUDIT Clause Samples
PAYMENT OF THE CONTRACT PRICE, INVOICING AND AUDIT. Company shall pay the Contract Price to Contractor within the time limits and in accordance with the provisions stated in this Article and elsewhere in the Contract. Company has no obligation to pay until Contractor has provided the guarantees in accordance with Art. 21.
PAYMENT OF THE CONTRACT PRICE, INVOICING AND AUDIT. Company shall pay the Contract Price to Contractor within the time limits and in accordance with the provisions stated in this Article and elsewhere in the Contract. Company has no obligation to pay until Contractor has submitted a guarantee in accordance with Art. 21. The Parties agree that, consistent with the agreed upon payment schedule and without reducing Company's duty to pay Contractor for all Work performed by Contractor, Company shall not be required to pay more than US$8 million in 1999 for the Work under this Contract, with the remainder of the amounts otherwise due to Contractor 17 24 DELOS OFFSHORE COMPANY, L.L.C. SUNDAY SILENCE FIELD DEVELOPMENT FABRICATION AGREEMENT ================================================================================ for 1999 to be invoiced on or before January 1, 2000 and payable thereafter within 30 Days in accordance with Art. 20.3.