Please look at the attached sheet for the payment schedule for NOK Project which we worked with Factory follow to your request.
* We separate the down payment for 5 Chillers into 2 lots ( First 3 units and 2 unit at last ) then
for AVAL with 90 days. It mean you give the AVAL to us before delivery of each unit shipment ( We need to inform you about 3 weeks in advance for delivery date so you can have time to prepare and give the AVAL to us before delivery date.
The AVAL will have 90 days credit term. So it mean that you pay us after 90 days from chiller delivery date.
This schedule can attached to the PO as the condition of payment.