Down Payment. The Down Payment specified in the Payment and Milestone Schedule provided in Appendix 3 shall be due upon receipt of the corresponding invoice from SpaceX following execution of this Agreement and will be paid in accordance with Section 5.2 herein. The Parties acknowledge that the Four Million Five Hundred Thousand dollar ($4,500,000) deposit payment made by Customer to SpaceX pursuant to the Letter Agreement shall be the Down Payment for purposes hereunder.
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Samples: Launch Services Agreement (ORBCOMM Inc.), Launch Services Agreement (ORBCOMM Inc.), Launch Services Agreement (ORBCOMM Inc.)
Down Payment. The Down Payment specified in the Payment and Milestone Schedule provided in Appendix 3 shall be due upon receipt of the corresponding invoice from SpaceX following execution of this Agreement and will be paid in accordance with Section 5.2 herein. The Parties acknowledge that the Four Million Five Hundred Thousand dollar ($4,500,000) [***...***] deposit payment made by Customer to SpaceX pursuant to the Letter Agreement shall be the Down Payment for purposes hereunder.
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