Common use of Early Completion Bonus Clause in Contracts

Early Completion Bonus. 5.4.1 If Substantial Completion is attained within 470 days after the Date of Commencement, Owner shall pay Design-Builder at the time of Final Payment under Section 7.3 hereof an early completion bonus of $10,000.00 per day, for each day that Substantial Completion occurred in advance of said 470 days.

Appears in 3 contracts

Samples: License Agreement (Heron Lake BioEnergy, LLC), License Agreement (Heron Lake BioEnergy, LLC), License Agreement (Heron Lake BioEnergy, LLC)

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Early Completion Bonus. 5.4.1 If Substantial Completion is attained within 470 days Four Hundred Eighty-Five (485) Days after the Date date of Commencementthe Notice to Proceed, Owner shall pay Design-Builder at the time of Final Payment under Section 7.3 10.3 hereof an early completion bonus of $10,000.00 per day, for each day that Substantial (“Early Completion occurred in advance of said 470 days.Bonus”) pursuant to the following schedule:

Appears in 1 contract

Samples: Build Expansion Agreement (Golden Grain Energy)

Early Completion Bonus. 5.4.1 If Substantial Completion is attained within 470 days Five Hundred Forty-five (545) Days after the Date date of Commencementthe Notice to Proceed, Owner shall pay Design-Builder at the time of Final Payment under Section 7.3 10.3 hereof an early completion bonus (“Early Completion Bonus”) of Eight Thousand Dollars ($10,000.00 8,000.00) per day, Day for each day Day that Substantial Completion occurred in advance of said 470 daysFive Hundred Forty-five (545) Days.

Appears in 1 contract

Samples: License Agreement (Little Sioux Corn Processors LLC)

Early Completion Bonus. 5.4.1 If Substantial Completion is attained within 470 days four hundred eighty-five (485) Days after the Date date of Commencementthe Notice to Proceed, Owner shall pay Design-Builder at the time of Final Payment under Section 7.3 10.3 hereof an early completion bonus of (“Early Completion Bonus”) equal to Twenty Thousand Dollars ($10,000.00 20,000.00) per day, Day for each day Day that Substantial Completion occurred in advance of said 470 daysfour hundred eighty-five (485) Days.

Appears in 1 contract

Samples: License Agreement (Millennium Ethanol, LLC)

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Early Completion Bonus. 5.4.1 If Substantial Completion is attained within 470 425 days after the Date of Commencement, Owner shall pay Design-Builder at the time of Final Payment under Section 7.3 hereof an early completion bonus of $10,000.00 8,000.00 per day, for each day that Substantial Completion occurred in advance of said 470 425 days.

Appears in 1 contract

Samples: Agreement (Granite Falls Community Ethanol Plant LLC)

Early Completion Bonus. 5.4.1 If Substantial Completion is attained within 470 days Five Hundred Ten (510) Days after the Date date of Commencementthe Notice to Proceed, Owner shall pay Design-Builder at the time of Final Payment under Section 7.3 10.3 hereof an early completion bonus (“Early Completion Bonus”) of Twenty Thousand Dollars ($10,000.00 20,000.00) per day, Day for each day Day that Substantial Completion occurred in advance of said 470 daysFive Hundred Ten (510) Days.

Appears in 1 contract

Samples: License Agreement (One Earth Energy LLC)

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