2nd Installment. The sum of United States Dollars Three Million Seven Hundred Sixty Thousand (USD3,760,000.-) shall be paid by 18th August, 2024.
2nd Installment. On or before 31th March 2023, the BUYER shall remit the amount of this Installment by telegraphic transfer to the SELLER 1’s Bank for the account of the SELLER 1 with remarks “Hull No. S-1885”.
2nd Installment. The BUYER shall remit the amount of this installment in accordance with Article 2, Paragraph 3(b) by telegraphic transfer to xxxxxxxx Bank, xxxx Branch, the People’s Republic of China as receiving xxxx nominated by the SELLER, for credit to the account of xxxxxxxxxxxxxxxxxxxx, Account No xxxxxxxxxxx with direct SWIFT advice from the remitting bank to XXXXXXN Bank, xxxx Branch.
2nd Installment. The sum of US$6,276,000.- (United States Dollars Six Million Two Hundred Seventy Six Thousand only) shall be due and payable on or before 30th June, 2024.
2nd Installment. The Buyer shall pay the amount of said installment and such Installment on or before 30th June, 2024 by telegraphic transfer to MUFG for the account of the Seller in accordance with the Paragraph 3 (b) of this Article.
2nd Installment. The BUYER shall remit the amount of this installment in accordance with clause 3(b) of Article II, by telegraphic transfer to the bank as stated in the Refund Guarantee for credit to the account of SELLER.
2nd Installment. The sum of Fourteen Million One Hundred Seventy-Nine Thousand Four Hundred United States Dollars (U.S.$14,179,400), equivalent to twenty percent (20%) of the Contract Price shall be paid upon the second banking day next following laying the keel of the VESSEL, which shall be deemed to require completion of the following tasks:
2nd Installment. ($1,000 Per Unit multiplied by the number in box B above.) = (10% of the Total Purchase Price) + (90% of the Total Purchase Price) = +
2nd Installment. The sum of Fourteen Million Four Hundred Seventy-Three Thousand Nine Hundred United States Dollars (U.S.$14,473,900), equivalent to twenty percent (20%) of the Contract Price shall be paid upon the second banking day next following the later of (i) the date on which the BUILDER has executed and delivered to the BUYER the Assignment as contemplated by Clause 8 of that certain Overall Agreement dated on or about 1 February 2001 between the BUILDER and the BUYER together with the approval and notification to Jurong Town Corporation in the prescribed form (including the registration of the particulars of the Assignment with the Registry of Companies and Businesses); or (ii) laying the keel of the VESSEL, which shall be deemed to require completion of the following tasks: o Erection of completed inner bottom blocks 1C1 and 1C2 and associated piping, 100% complete including successful NDT, and: o Complete procurement of all main hull structure steel.
2nd Installment. The sum of United States Dollars 930,000.00 (United States Dollars nine hundred thirty thousand only), shall become due and payable and shall become due and payable and shall be paid within five (5) New York banking days after the cutting of the first steel plate of the VESSEL in the SELLER’s workshop has occurred accompanied by a copy of the written confirmation issued by the Classification Society to the effect that the cutting of the first steel plate has been carried out. The SELLER shall give a telex, telefax or letter notice to the BUYER stating that the 1st steel plate has been cut in its workshop and demand for payment of this instalment.
