c. Instalment for installation and assembly:
- Total settlement amount: Euro 1,098,678 ( One Million Ninety Eight Thousand Six Hundred Seventy Eight)
- Method of payment: Partial TT depend on installation and assembly schedule of VOLKAN.
- Time of payment: Within 10 days after getting Debit Note from Seller certified by VOLKAN for the works completed.
1.First instalment: Euro 198.678 (One Hundred Ninety Eight Thousand Six Hundred and Seventy Eight) when Seller have certify for receiving total 14 units of MAN truck chassis in VOLKAN warehouse.
2. Second instalment: Euro 200,000 (Two Hundred Thousand) when Seller have certify for completed pump system installation.
3. Third instalment: Euro 200,000 (Two Hundred Thousand) when Seller have certify for completed body parts with water tank and foam tank.
4. Forth instalment: Euro 200,000 (Two Hundred Thousand) when Seller have certify for completed all trucks and operation test.
5. Fifth instalments: Euro 300,000 (Three Hundred Thousand) when Seller have certify that all accessories are loaded into trucks and shipment is ready