Common use of PROGRESS PAYMENT Clause in Contracts

PROGRESS PAYMENT. The Incubatee is allowed to claim the Progress Payment after provision of: - Documentation evidencing the actual achievement of the milestone(s) as defined in the Payment Plan specified hereunder; - Invoice(s) covering the purchase of licences and/or the costs of product development.

PROGRESS PAYMENT. The Incubatee is allowed to claim the Progress Payment after provision of: - Documentation of documentation evidencing the actual achievement of the milestone(s) as defined in the Payment Plan specified hereunder; - Invoice(s) covering the purchase of licences and/or the costs of product development.

PROGRESS PAYMENT. The Incubatee is allowed to claim the Progress Payment after provision of: - Documentation of documentation evidencing the actual achievement of the milestone(s) as defined in the Payment Plan specified hereunder; - Invoice(s) covering hereunder and a statement of compliance of the purchase expenses incurred, including the detailed list of licences and/or the costs of product developmentinvoices and expenses.

PROGRESS PAYMENT. The Incubatee is allowed to claim the Progress Payment after provision of: - Documentation evidencing the actual achievement of the milestone(s) as defined in the Payment Plan specified hereunder; . - Invoice(s) covering the purchase of licences and/or the costs of product development.