Common use of PROGRESS PAYMENT Clause in Contracts

PROGRESS PAYMENT. The Incubatee is allowed to claim the Progress Payment after provision of: - Documentation evidencing the actual achievement of the milestone(s) as defined in the Payment Plan specified hereunder; - Invoice(s) covering the purchase of licences and/or the costs of product development.

Appears in 6 contracts

Samples: Incubation Contract, Incubation Contract, Incubation Contract

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PROGRESS PAYMENT. The Incubatee is allowed to claim the Progress Payment after provision of: - Documentation of documentation evidencing the actual achievement of the milestone(s) as defined in the Payment Plan specified hereunder; - Invoice(s) covering the purchase of licences and/or the costs of product development.

Appears in 4 contracts

Samples: Contract for the Provision of Incubation Services, Incubation Contract, Incubation Contract

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