Advance Payment of Estimated Costs Sample Clauses

Advance Payment of Estimated Costs. In the event Licensee confirms its willingness to have District proceed with the make ready work, Licensee shall pay to District in advance the full amount of the make-ready work costs as estimated by the District unless other written arrangements have been made with District. In the event Licensee fails to make advance payment or other written arrangements for payment within Thirty (30) days of confirmation pursuant to Section 3.4.3, the District shall be under no further obligation to perform or continue any make-ready work. In no event shall Licensee commence any construction or attempt to attach its facilities to the District’s poles until District has notified Licensee using NJUNS that Licensee can proceed.
Sample 1
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Advance Payment of Estimated Costs. If Licensee authorizes the District to proceed with the required Make-Ready work, Licensee shall pay to the District in advance the full amount of the Make-Ready work Costs as estimated by the District. If Licensee fails to make advance payment within thirty (30) days of its authorization of the Make-Ready work, the District will deem Licensee’s Permit Application as being withdrawn. Upon receipt of the advance payment of the estimated Make-Ready work Costs, the District shall complete the required Make-Ready work within a commercially reasonably time. If the actual Costs of the Make-Ready work are less than the prepayment amount, the District will promptly refund the difference to Licensee. If the actual Costs of the Make Ready work exceed the prepayment amount, the District shall invoice Licensee for payment of the balance.
Sample 1
Advance Payment of Estimated Costs. If Licensee authorizes the District to proceed with the required Make-Ready work, Licensee shall pay to the District in advance the full amount of the Make-Ready work Costs as estimated by the District. If Licensee fails to make advance payment within forty five (45) days of its authorization of the Make-Ready work, the District will deem Licensee’s Permit Application as being withdrawn. Upon receipt of the advance payment of the estimated Make-Ready work Costs, the District shall complete the required Make- Ready work within a commercially reasonably time. If the actual Costs of the Make- Ready work are less than the prepayment amount, the District will promptly refund the difference to Licensee. If the actual Costs of the Make Ready work exceed the prepayment amount, the District shall invoice Licensee for payment of the balance. Notwithstanding the forgoing, if the District determines during the course of completing the Make-Ready work that the actual Cost of the Make-Ready work is likely to exceed the prepaid estimated costs by more than twenty five percent (25%), then the District will halt work and provide Licensee with an updated Cost estimate to complete the Make- Ready work. In such case, Licensee shall have thirty (30) days in which to notify the District whether Licensee authorizes the District to complete the Make-Ready work. If Licensee declines completion of the Work-Ready work, then the District may retain that portion of the prepayment amount to cover its actual Costs to date and will promptly refund the difference to Licensee.
Sample 1

Related to Advance Payment of Estimated Costs

  • Estimated Costs The proposed GMP Change Order shall include separately identified dollar amounts, stated as fixed sums, for Actual Costs as estimated by the Design-Builder for the complete construction of the Project, which amount shall include the all Trade Contract and Subcontract Sums, costs of materials, and any Component Change Order Sums;

  • Estimated Cost Estimated costs by construction phases for Specified Roads listed in A7 are stated by segments in the Schedule of Items. Such estimated costs are subject to adjustment under B3.3, B5.2, B5.21, B5.212, B5.25, and B5.26. Appropriately adjusted costs shall be made a part of a revised Schedule of Items and shown as adjustments to Timber Sale Account. The revised Schedule of Items shall supersede any prior Schedule of Items when it is dated and signed by Contracting Officer and a copy is furnished to Purchaser.

  • Advance Payment The right to indemnification conferred in this Article VII shall include the right to be paid or reimbursed by the Company the reasonable expenses incurred by a Person of the type entitled to be indemnified under Section 7.3 who was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition of the Proceeding and without any determination as to the Person’s ultimate entitlement to indemnification; provided, however, that the payment of such expenses incurred by any such Person in advance of the final disposition of a Proceeding shall be made only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief that he has met the standard of conduct necessary for indemnification under Article VII and a written undertaking, by or on behalf of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is not entitled to be indemnified under this Article VII or otherwise.

  • EXPENSE PAYMENTS The Owner hereby gives power to the Agent to pay expenses and costs for the Property from the Owner’s funds held by the Agent, unless otherwise directed by the Owner. The expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, association or condominium dues, assessments, loan payments, and insurance premiums.

  • INVOICE PAYMENT 3.1. The CUSTOMER shall pay all valid invoices submitted by the CONTRACTOR in accordance with the provisions of this Schedule in accordance with the provisions of Clause 5 of this Contract.

  • Covered Expenses Supervisors must have received prior authorization from their Appointing Authority before incurring any expenses authorized by this Article.

  • Advance Payments Payments made by the Borrower to satisfy future installments must be accounted for as prepaid installments of principal and interest. The Servicer should contact the Borrower if there is a question about the Borrower's intention in making any unscheduled payment.

  • Compensation for Reimbursable Expenses 11.8.1 Reimbursable Expenses are in addition to compensation for Basic, Supplemental, and Additional Services and include expenses incurred by the Architect and the Architect’s consultants directly related to the Project, as follows:

  • Reimbursable Costs 5.3.1. To be considered eligible for reimbursement, costs have to be: • actually incurred, individually identifiable and verifiable, as backed by copies of supporting evidence, as the case may be in the Contractor’s official bookkeeping; this means that no lump sums will be eligible for reimbursement; • necessary in order to perform the tasks as specified in the Terms of Reference (Annex 2); and • cost effective and providing value for money

  • Reimbursable Expenses; Maximum Total Payment; Invoicing District will make no payment until this Contract is fully executed by the authorized representatives of both parties.

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