Common use of Inception Report Fee Clause in Contracts

Inception Report Fee. In consideration of the provision of the Inception Report, the AsBo shall be entitled to receive the amount of Fee prescribed for the Inception Report under Annex K: AsBo’s Financial Proposal. The Fee for the Inception Report shall be paid in accordance with Section X. Fee and Payment, in three (3) equal parts by the Principal, the Implementing Body in Estonia and the Implementing Body in Lithuania to whom AsBo shall issue invoices accordingly.

Inception Report Fee. In consideration of the provision of the Inception Report, the AsBo shall be entitled to receive the amount of Fee prescribed for the Inception Report under Annex K: AsBo’s Financial Proposal. The Fee for the Inception Report shall be paid in accordance with Section X. Fee and PaymentIX, in three (3) equal parts by the Principal, the Implementing Body in Estonia and the Implementing Body in Lithuania to whom AsBo shall issue invoices accordingly.