Premium for the Option. The Holder shall pay the Writer the Premium for the Option on or before the Premium Payment Date (and if no Premium Payment Date is designated in the terms of the Individual Contract, the Premium Payment Date shall be the fifth (5th) Business Day following the day on which the Parties entered into the Individual Contract). If the Option is Exercised, invoicing and payment of the Contract Price for the Delivered Quantities in each Time Unit shall be in accordance with §13 (Invoicing and Payment) unless otherwise agreed.
Appears in 5 contracts
Samples: General Agreement, General Agreement, data.efet.org
Premium for the Option. The Holder shall pay the Writer the Premium for the Option on or before the Premium Payment Date (and if no Premium Payment Date is designated in the terms of the Individual Contract, the such Premium Payment Date shall be due and payable on the fifth (5th) Business Day following the day on which the Parties entered into the Individual Contract). If the Option is Exercised, invoicing and payment of the Contract Price for the Delivered Quantities in each Time Unit Contract Quantity shall be in accordance with §§ 13 (Invoicing and Payment) unless otherwise agreed.
Appears in 2 contracts
Samples: General Agreement, General Agreement
