Common use of – SCHEDULE AND METHOD OF PAYMENT Clause in Contracts

– SCHEDULE AND METHOD OF PAYMENT. 7.1 In full consideration of the services executed by the Contractor, FAO will effect payments to the Contractor, subject to the deduction of the liquidated damages mentioned in Article 8 below, if any, in accordance with the provisions of Annex VIII: “Schedule and Method of Payment”, up to a total amount not to exceed: ........................................................................ (Write out)

– SCHEDULE AND METHOD OF PAYMENT. 7.1 In full consideration of the services executed by the Contractor, FAO will effect payments to the Contractor, subject to the deduction of the liquidated damages mentioned in Article 8 below, if any, in accordance with the provisions of Annex VIII: “Schedule and Method of Payment”, up to a total amount not to exceed: ........................................................................ (Write out):