Template:GTMA Master Agreement 2004 12.5.6: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) m (Text replace - " "" to " “") |
||
| Line 1: | Line 1: | ||
:{{gtmaprov|12.5.6}} If the {{gtmaprov|Termination Payment}} is a positive number, the {{gtmaprov|Defaulting Party}} shall pay the {{gtmaprov|Termination Payment}} to the {{gtmaprov|Non-Defaulting Party}} within 2 {{gtmaprov|Banking Day}}s of invoice or notification of the {{gtmaprov|Termination Payment}} amount (the | :{{gtmaprov|12.5.6}} If the {{gtmaprov|Termination Payment}} is a positive number, the {{gtmaprov|Defaulting Party}} shall pay the {{gtmaprov|Termination Payment}} to the {{gtmaprov|Non-Defaulting Party}} within 2 {{gtmaprov|Banking Day}}s of invoice or notification of the {{gtmaprov|Termination Payment}} amount (the “'''{{gtmaprov|Termination Payment Date}}'''"), which amount shall bear interest in accordance with clause {{gtmaprov|8.4}}. <br> | ||
Latest revision as of 13:43, 16 September 2016
- 12.5.6 If the Termination Payment is a positive number, the Defaulting Party shall pay the Termination Payment to the Non-Defaulting Party within 2 Banking Days of invoice or notification of the Termination Payment amount (the “Termination Payment Date"), which amount shall bear interest in accordance with clause 8.4.