Glossary entry (derived from question below)
English term or phrase:
from payments held with
Polish translation:
z płatności należnych od
Added to glossary by
margomal
Jan 21, 2016 08:58
8 yrs ago
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English term
from payments held with
English to Polish
Law/Patents
Law: Contract(s)
If Performance/Warranty Bond amount decreases due to any deduction from the
Seller’s account or if the value of supplies or works exceed the amount stipulated in
the Contract as a result of extra requirements or subsequent to variation orders, the
Seller shall upon demand from the Buyer raises the Performance/Warranty Bond, to
an amount equivalent to 10% of the total Contract value after the increase, within
twenty days from the date of the claim. If the Seller fails to do so the Buyer reserves
the right to withhold the amount required to replenish the Performance/Warranty
Bond from Seller’s payments held with him.
Seller’s account or if the value of supplies or works exceed the amount stipulated in
the Contract as a result of extra requirements or subsequent to variation orders, the
Seller shall upon demand from the Buyer raises the Performance/Warranty Bond, to
an amount equivalent to 10% of the total Contract value after the increase, within
twenty days from the date of the claim. If the Seller fails to do so the Buyer reserves
the right to withhold the amount required to replenish the Performance/Warranty
Bond from Seller’s payments held with him.
Proposed translations
(Polish)
3 | z płatności należnych od | Frank Szmulowicz, Ph. D. |
Proposed translations
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z płatności należnych od
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