Construction Fees. The term “Construction Fees” shall have the meaning given such term in the Charter.
Construction Fees. For construction services performed at Owner’s request pursuant to the attached Construction Services Exhibit, the fee described in such Exhibit shall be paid upon completion of such service or project in accordance with Section 4.03 hereof.
Construction Fees. Additionally, EXCO agrees to contribute $**** toward the cost of construction of HWR’s pipeline, as provided in the Authorizations for Expenditure attached as Exhibit “D.” Payments from EXCO to HWR will be due according to the following time table and such proceeds shall be used exclusively for the project contemplated under this agreement:
(1) $**** due upon execution of the original Agreement.
(2) $**** due upon the initiation of pipeline construction.
(3) $**** due upon initiation of the pipeline segment connecting the El Paso delivery point and the EXCO Billing Meter Point.
(4) $**** due upon the initiation of construction of the pipeline segment connecting the Billing Meter Point and the Easternmost Custody Transfer Point.
(5) $**** due upon In Service Date. Each of the contributions described in Items (1), (2) (3) and (4) above will be deposited into escrow (the “Escrow”) with a mutually acceptable escrow agent. The $**** contribution described in Item (1) shall be paid to HWR upon EXCO’s written instruction to the escrow agent made promptly after EXCO’s receipt of written evidence of payment for right of way for the Pipeline. All such disbursements from Escrow to HWR shall be in an amount equal to the right of way for which evidence was provided to EXCO. Any such monies (and any interest thereon) shall be disbursed to HWR upon delivery to Escrow of the $**** contribution called for in Item (2) above. The contributions called for in Items (2), (3) and (4) above, respectively, shall likewise be held in Escrow and disbursed from Escrow to HWR upon written instruction from EXCO after EXCO’s receipt of written evidence of payment by HWR towards Pipeline construction costs. All such disbursements shall be in an amount equal to the amount of pipeline costs paid by HWR and for which written evidence was provided to EXCO. Any such monies (and any interest earned thereon) from the Item (2), Item (3), or Item (4) payment shall be disbursed to HWR upon payment into Escrow of the next installment of the contribution (for example, upon the payment into Escrow of $1,200,000 called for in Item (3) above, all monies remaining in Escrow from Item (2) shall be disbursed to HWR). The total cost for construction of the Pipeline, as shown by the sum of the attached AFEs, is expected to be $****. Any construction costs that exceed $**** will be considered “overages.” EXCO and HWR shall split, dollar-for-dollar, the overages, provided however, that EXCO’s contribution towa...
Construction Fees. The term “Construction Fees” shall mean a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or provide major repairs or rehabilitations on a Property.
Construction Fees. Additionally, EXCO agrees to contribute $*,***,*** toward the cost of construction of Charis’ pipeline. Payments from EXCO to Charis will be due according to the following time table and such proceeds shall be used exclusively for the project contemplated under this agreement:
(1) $***,*** due upon execution of the original Agreement.
(2) $*,***,*** due upon the initiation of pipeline construction.
(3) $*,***,*** due upon initiation of the pipeline segment connecting the El Paso delivery point and the EXCO Billing Meter Point.
Construction Fees the Sub-project Fees, Concrete Moulding and Framework Fees and the relevant Levies and Taxes (together, the “Construction Fees”) (after deduction of the relevant expenses) shall be paid in the following manner:
(1) 75% of the Construction Fees in respect of the works completed during the relevant month as approved by Guangdong Land Shenzhen shall be paid after the approval of the relevant application for work progress fees (工程進度款申請書) by Guangdong Land Shenzhen and the relevant engineer (any adjustments (if any) to the Construction Fees in respect of change of works after on-site inspections by Guangdong Land Shenzhen shall be settled in the next following payment of the Construction Fees);
(2) a further 5% of the Construction Fees shall be paid after the topping out of the structure (結構封頂) of the relevant building;
(3) a further 5% of the Construction Fees shall be paid after the completion of the removal of external wall scaffolding (外牆腳手架拆除); and
(4) a further 5% of the Construction Fees shall be paid after the completion of the works, passing of inspection, obtaining of the construction works completion inspection filing notice (工程竣工驗收備案通知書) and the delivery of the complete information on the completion of works to Guangdong Land Shenzhen, and in the event there is any adjustment to the concrete and steel cost and labour cost, such adjustment (if any) shall be settled in the next following payment of the relevant part of Construction Fees following the topping out of the structure (結構封頂) of the second tower under the Construction;
Construction Fees. Sub-project Fees, Measure Fees and the relevant Taxes (together, the “Construction Fees”) (after deduction of deductible amounts (if any)) shall be paid in the following manner:
(1) where the Contractor lodges an application for the work progress fees to GDH Food Foshan and Construction Supervisor in accordance with the Agreement, upon review and approval of such application for the relevant work progress fees by GDH Food Foshan and Construction Supervisor, 80% of the evaluated construction price (after deduction of deductible amounts (if any)) in respect of the completed works reviewed and confirmed by GDH Food Foshan and Construction Supervisor shall be paid to the Contractor for the relevant month;
(2) if GDH Food Foshan determines that it is necessary to adjust the construction price for on-site permit and change of works, payment and deduction shall be made based on 80% of the evaluated construction price (after deduction of deductible amounts (if any)) in respect of the next subsequent payment of work progress fees;
(3) when the works completed regarding certain land parcels, buildings, professional works or sections satisfy the relevant settlement conditions, upon written confirmation of both parties, an aggregate of 88% of the settlement price corresponding to the completion of such works (after deduction of deductible amounts (if any)) shall be paid to the Contractor; and
(4) after eligible inspection of the completion, completion of construction filing, relocation of all equipment, machineries, materials and other articles of the Contractor from the worksite and delivery of the complete completion and settlement information to GDH Food Foshan and Construction Supervisor, an aggregate of 90% of the evaluated construction price (after deduction of deductible amounts (if any)) in respect of the completed works as reviewed and confirmed by GDH Food Foshan and Construction Supervisor shall be paid to the Contractor; and
Construction Fees. The “Construction Fees”, shall include all costs necessary to complete all Work necessary for the Construction Implementation Phase, which are reimbursable, and shall include, but not be limited to, the following:
A. The cost of Preconstruction and Construction Staff. The term “Preconstruction and Construction Staff” shall mean the Project Executive, Design Manager, Project Managers and superintendents assigned to the Project by Contractor, administrative staff assigned on a full-time basis to the Project site, and professional staff performing scheduling, cost estimating and accounting services;
Construction Fees full depreciation in five years.
Construction Fees. The term “Construction Fees” shall have the meaning given such term in the Declaration of Trust.
