Completion Guarantee. 18.1. The Producer agrees to pay the fee due to the Completion Guarantor set out in the Completion Guarantee from the first Instalment. 18.2. The parties agree that the terms of the Completion Guarantee take precedence over the terms of this agreement to the extent of any inconsistency. 18.3. The proceeds of any Claim on the Completion Guarantee must be paid into the relevant Bank Account immediately upon receipt and treated as part of the Budgeted Cost.
Appears in 3 contracts
Sources: Production Grant Agreement, Production Grant Agreement, Production Grant Agreement