Common use of BALANCE PAYMENT Clause in Contracts

BALANCE PAYMENT. The Buyer shall pay to the Seller the balance of the Helicopter price, less ***, if any, during the Acceptance phase and prior to the transfer of ownership. Payment shall be executed against presentation by the Seller of: • Commercial invoice for the corresponding amount, and • Xerox copy of Certificate of Conformity for the helicopters and optional equipment installed therein.

BALANCE PAYMENT. The Buyer shall pay to the Seller the balance of the Option Helicopter price, less ***, if any, during the Acceptance phase and prior to the transfer of ownership. Payment shall be executed against presentation by the Seller of: of • Commercial invoice for the corresponding amount, and • Xerox copy of Certificate of Conformity for the helicopters Option Helicopter and optional equipment installed therein.