Jun 16, 2020 16:00
3 yrs ago
27 viewers *
English term

credit contingent payment

English to Bulgarian Bus/Financial Finance (general)
Sentence:
CREDIT CONTINGENT PAYMENTS: Service provider shall be entitled to receive the following an amount equal to 6% of 100% of the net proceeds of the Production, with the net proceeds defined according to the same definition obtained by the Producer.

There is no other reference to this in my text, but here are some explanations: https://www.globalcapital.com/article/k6bn8plg01f4/credit-co...
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