Payment on Completion definition
Payment on Completion shall bear the meaning given to such term in clause 2.3 (Sale and Purchase);
Payment on Completion means the supply & installation for Lots No.1, “Payment on Completion” shall mean the completion of Services for Districts in one Division (Revenue Division) OR completion of Services for all Districts.
Payment on Completion means £10 million;
Examples of Payment on Completion in a sentence
The consideration for the Subscription shall be satisfied by the Subscriber by the payment of the Completion Payment on Completion by either, at the option of the Subscriber, (i) electronic transfer of immediately available funds to the Company or (ii) delivery of a cashier’s order issued by a bank licensed under the Banking Ordinance (Chapter 155 of the Laws of Hong Kong) to the Company.