body123
2018-06-19 11:52:33
- #1
Hello,
our main contractor would like to have a financing confirmation from us or an assignment of the last 6 installment payments. Something like this:
The purchase contract amount is financed by the "bank". The client hereby assigns the installments (last 6) according to the payment schedule totaling x € of the main contractor contract to "the construction company". The release is made by the client and is paid to "the construction company" within the assigned claim and in accordance with the conditions of the contract upon presentation of the invoice.
Do I then really have control over the last payments?
Regards.
our main contractor would like to have a financing confirmation from us or an assignment of the last 6 installment payments. Something like this:
The purchase contract amount is financed by the "bank". The client hereby assigns the installments (last 6) according to the payment schedule totaling x € of the main contractor contract to "the construction company". The release is made by the client and is paid to "the construction company" within the assigned claim and in accordance with the conditions of the contract upon presentation of the invoice.
Do I then really have control over the last payments?
Regards.