Initial Down Payment. Upon execution of this interim agreement SIBE will provide a series of initial down payments to start project design. Ball Industrial Services shall make deposits to Bratney, and design engineers, to begin engineering. Ball Industrial Services will require a payment of $750,000 for preconstruction engineering, design, deposits and other initial project expenses. Ball Industrial Services will provide SIBE with a weekly accounting of any such payments and deposits.
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Sources: Interim Agreement (Southern Iowa Bioenergy LLC), Interim Agreement (Southern Iowa Bioenergy LLC)
Initial Down Payment. Upon execution of this interim agreement SIBE will provide a series of initial down payments to start project design. Ball Industrial Services shall make deposits to Bratney, and design engineers, to begin engineering. Ball Industrial Services will require a payment of $750,000 for preconstruction engineering, design, deposits and other initial project expenses. Ball Industrial Services will provide SIBE with a weekly accounting of any such payments and deposits.
Appears in 1 contract