Page:United States Statutes at Large Volume 59 Part 2.djvu/948

 59 STAT.] NETHERLANDS-MUTUAL AID-APR. 30, 1945 will inform the Government of the Kingdom of the Netherlands from time to time of the amount of such costs incurred and the bases on which they have been determined. C. Payment of the total purchase price for all articles transferred under the provisions of Article III of this Agreement, shall be made by the Government of the Kingdom of the Netherlands on or before July 1, 1975. 1. Payment of the total purchase price of any article so trans- ferred shall be made in equal annual installments, the first of which shall become due and payable on July 1, 1946, or on the first of July next following the day on which such article shall have been transferred, whichever is later. 2. Nothing herein shall be construed to prevent the Government of the Kingdom of the Netherlands from anticipating the payment of any of such installments or any part thereof. 3. If by agreement of the United States of America and the Government of the Kingdom of the Netherlands it is determined that, because of extraordinary and adverse economic conditions arising during the course of payment, the payment of a due install- ment would not be in the joint interest of the United States of America and the Government of the Kingdom of the Netherlands, payment may be postponed for an agreed upon period. D. Interest on the unpaid balances of the total purchase price determined under Section B above for any article so transferred, shall be paid by the Government of the Kingdom of the Netherlands at the fixed rate of two and three-eighths per cent per annum, accruing from the first day of July, 1946 or from the first day of July next following the day on which such article shall have been transferred, whichever is later. Interest shall be payable annually, the first payment to be made on the first day of July next following the first day of July on which such interest began to accrue. E. The Government of the Kingdom of the Netherlands shall pay to the United States of America the cost of the services listed in this Schedule to the extent that such services shall be rendered to the Government of the Kingdom of the Netherlands following the deter- mination by the President that such services are no longer necessary to the prosecution of the war. The cost of such services, so rendered, shall be determined by the President of the United States of America and shall be paid by the Government of the Kingdom of the Nether- lands in accordance with the same terms as provided for the payment of the total purchase price of the articles provided hereunder, as set forth in Section C above. Interest shall be paid on the unpaid balances of the cost of such services in accordance with the terms of Section D hereof. F. The articles and services in this Schedule shall be for the terri- tory indicated herein and their total purchase price value shall not exceed $242,000,000. Such articles and services and their estimated cost to the Government of the United States of America are as follows: 1631 Terms for payment. Interest. Payment of cost of services. Limit on total pur- chase price value.

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