Common use of Second Provisional Payment Clause in Contracts

Second Provisional Payment. 100% of the second provisional invoice value of the Payments less the Deductions, less the first provisional payment, based on the final wet weights and dry weights received at Impala warehouse, and final prices shall be paid to the party so owing 40 days after the first provisional payment date based on the following; - Second provisional invoice - Final wet weight and moisture certificate duly signed by an independent surveyor company acceptable to Buyer Final Payment Final payment shall be made by the party so owing latest 3 (three) Banking Days after the date final assays, weights and prices are known against presentation of the final invoice. In case Seller is indebted to Buyer by reason of having received provisional payment in excess of the amount of the final invoice, this difference shall be re-paid by Seller to Buyer by telegraphic transfer within 3 (three) Banking Days of final weights, final assays and final prices being known.

Second Provisional Payment. 100% of the second provisional invoice value of the Payments less the Deductions, less the first provisional payment, based on the final wet weights and dry weights received at Impala warehouse, and final prices shall be paid to the party so owing 40 45 days after the first provisional payment date based on the following; - Second -Second provisional invoice - Final -Final wet weight and moisture certificate duly signed by an independent surveyor company acceptable to Buyer Final Payment Final payment shall be made by the party so owing latest 3 (three) Banking Days after the date final assays, weights and prices are known against presentation of the final invoice. In case Seller is indebted to Buyer by reason of having received provisional payment in excess of the amount of the final invoice, this difference shall be re-paid by Seller to Buyer by telegraphic transfer within 3 (three) Banking Days of final weights, final assays and final prices being known.

Second Provisional Payment. 100% of the second provisional invoice value of the Payments less the Deductions, less the first provisional payment, based on the final wet weights and dry weights received at Impala warehouse, and final prices shall be paid to the party so owing 40 days after the first provisional payment date based on the following; - Second provisional invoice - Final wet weight and moisture certificate duly signed by an independent surveyor company acceptable to Buyer Final Payment Final payment shall be made by the party so owing latest 3 (three) Banking Days after the date final assays, weights and prices are known against presentation of the final invoice. In case Seller is indebted to Buyer by reason of having received provisional payment in excess of the amount of the final invoice, this difference shall be re-paid by Seller to Buyer by telegraphic transfer within 3 (three) Banking Days of final weights, final assays and final prices being known.. CONTRA TO N° 303-l 6CMX-230-0-P (EF) 5

Second Provisional Payment. 100% of the second provisional invoice value of the Payments less the Deductions, less the first provisional payment, based on the final wet weights and dry weights received at Impala warehouse, and final prices shall be paid to the party so owing 40 days after the first provisional payment date based on the following; - Second provisional invoice - Final wet weight and moisture certificate duly signed by an independent surveyor company acceptable to Buyer Final Payment Final payment shall be made by the party so owing latest 3 (three) Banking Days after the date final assays, weights and prices are known against presentation of the final invoice. CONTRA TO N° 303-l 6CMX-230-0-P (EF) 5 In case Seller is indebted to Buyer by reason of having received provisional payment in excess of the amount of the final invoice, this difference shall be re-paid by Seller to Buyer by telegraphic transfer within 3 (three) Banking Days of final weights, final assays and final prices being known.