Common use of Payment of Clause in Contracts

Payment of. The Annual Bonus or any part thereof owed by OMRIX to MDA shall be made by OMRIX to MDA in 3 equal installments each year, concurrently with payment by OMRIX of the Rent and Lease Fee, as provided for in sub-section 7.3 above.

Appears in 2 contracts

Sources: Lease and Operation Agreement (Omrix Biopharmaceuticals, Inc.), Lease and Operation Agreement (Omrix Biopharmaceuticals, Inc.)