Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously.
Payment Certificates. The Contractor to ensure that the VAT invoice required with each certificate is delivered timeously. The date of the certificate will be that of the date when the certificate is received by the consultant. The Contractor to ensure timeous submission of all required documentation for the expedient processing of payment certificates, as required by the client, eg BAS entity forms, company registration details, VAT clearance certificates, etc. The Contractor is responsible for such documentation submission.
Payment Certificates. The payment to the contractor will be as follows for construction work:
Payment Certificates. Each payment pursuant to subsections (a) or (b) above shall be made within 10 days after demand therefor, which demand shall be accompanied by a certificate of the Credit Party demanding such payment setting forth the calculations of the additional amounts payable pursuant thereto. Each such certificate shall be conclusive absent manifest error. No failure by any Credit Party to demand, and no delay in demanding, compensation for any increased cost shall constitute a waiver of its right to demand such compensation at any time.
Payment Certificates. Each payment pursuant to subsections (a) or (b) above shall be made within 10 days after demand therefor, which demand shall be accompanied by a certificate of the Credit Party demanding such payment setting forth the calculations of the additional amounts payable pursuant thereto. Each such certificate shall be conclusive absent manifest error. No failure by any Credit Party to demand, and no delay in demanding, compensation for any increased cost shall constitute a waiver of its right to demand such compensation at any time, provided that such Credit Party shall notify the Borrower of any such increased cost within 90 days after the officer of such Lender having primary responsibility for this Agreement has obtained knowledge of such increased cost.
Payment Certificates. Construction Manager will determine the amounts owing to contractor as the work progresses, based on contractor's applications and it's inspections and observations, and will issue certificates for progress payments and final payment in accordance with the terms of the contract documents.
Payment Certificates. Upon vesting of the Phantom Shares other than immediately prior to the Effective Time as described in Paragraph 2.a.i. above, and no later than thirty (30) days thereafter, subject to Paragraph 8 below, the Company shall, in its sole discretion: (a) cause a certificate or certificates for shares of Common Stock to be issued in your name (the “Shares”); (b) cause to be paid to you an amount equal to the Fair Market Value of the Shares that would otherwise be issued to you; or (c) cause to be paid and issued to you a combination of cash and Shares which in combination equal the Fair Market Value of the Shares that would otherwise be issued to you; in each case converting each Phantom Share into the right to receive one share of the Common Stock of the Company or its equivalent Fair Market Value in cancellation of the Phantom Shares that have vested.
Payment Certificates. Upon vesting of the Phantom Stock, subject to Paragraph 6(c) below, the Company shall cause a certificate or certificates for Shares to be issued without legend (except for any legend required pursuant to applicable securities laws or any other agreement to which you are a party) in your name in cancellation of the Phantom Stock that has vested.
Payment Certificates. Upon vesting of the Phantom Shares, subject to Paragraph 6 below, the Company shall either: (a) cause a certificate or certificates for shares of Common Stock to be issued in your name without legend (except for any legend required pursuant to applicable securities laws or any other agreement to which you are a party); (b) cause to be paid to you an amount equal to the fair market value of the shares that would otherwise be issued to you; or (c) cause to be paid and issued to you a combination of cash and shares which in combination equal the fair market value of the shares that would otherwise be issued to you; in each case in cancellation of the Phantom Shares that have vested; provided, however, in no event shall such payment or issuance of shares be made prior to the first day such payment would not be subject to the additional tax imposed by Section 409A of the Code.
Payment Certificates. 45.1 The Contractor shall submit to the Project Manager monthly statements of the estimated value of the work executed less the cumulative amount certified previously. 45.2 The Project Manager shall check the Contractor‟s monthly statement and certify the amount to be paid to the Contractor within twenty eight (28) days from the receipt of certificate. 45.3 The Project Manager shall determine the value of work executed. 45.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed. 45.5 The value of work executed shall include the valuation of Variations,
