Financing the First Phase Clause Samples

Financing the First Phase. CHAPEAU also shall pay NRG the following amounts in consideration of performing the First Phase of the Project, at the times indicated: a) On the Effective Date of this Agreement, CHAPEAU shall pay NRG $50,000.00 U.S. b) Upon First Phase Completion, NRG will invoice CHAPEAU for the amount of $50,000.00 U.S. CHAPEAU shall pay the foregoing amount with 10 days after the date shown on the invoice.