Common use of Second Installment Clause in Contracts

Second Installment. The Second Installment amounting to Ninety Xxx Xxxxxxx Xxx Xxxxxxx Xxxx Xxxxxxxx Xxxx Xxxxxxx Xxxxxx Xxxxxx Dollars (15%, US$ 91,105,500) shall be due and payable within three (3) banking days six months after the Effective Date of the Contract upon receipt of the BUILDER'S invoice therefore.

Second Installment. The Second Installment amounting to Ninety Xxx Xxxxxxx Xxx Xxxxxxx Xxxx Xxxxxxxx Xxxx Xxxxxxx Xxxxxx Xxxxxx Dollars (15%, US$ 91,105,500) shall be due and payable within three (3) banking days six months after the Effective Date of the Contract upon receipt of the BUILDER'S ’s invoice therefore.