Common use of – SCHEDULE AND METHOD OF PAYMENT Clause in Contracts

– SCHEDULE AND METHOD OF PAYMENT. 5.1 In full consideration of the Works executed by the Contractor, FAO will affect payments to the Contractor, subject to the deduction of the Liquidated Damages mentioned in Article 6 below, if any, in accordance with the provisions of the “Schedule and Method of Payment”, attached hereto as Annex V.

– SCHEDULE AND METHOD OF PAYMENT. 5.1 In full consideration of the Works executed by the Contractor, FAO will affect payments to the Contractor, subject to the deduction of the Liquidated Damages mentioned in Article 6 below, if any, in accordance with the provisions of the “Schedule and Method of Payment”, attached hereto as Annex V.Xxxxx X.