Common use of Early Completion Bonus Clause in Contracts

Early Completion Bonus. With respect to a System, Vendor shall be entitled to an early completion bonus from the Owner in the event that Substantial Completion with respect to such System occurs on or prior to the date that is [*] prior to the Guaranteed Substantial Completion Date for such System. Such early completion bonus shall be equal to [*] (pro-rated on a daily basis for periods of time less than one week) of the total amount of all Purchase Orders relating to such System, based on the number of days that Substantial Completion occurs prior the date that is [*] prior to the Guaranteed Substantial Completion Date for such System.

Appears in 2 contracts

Samples: Memorandum of Agreement (Leap Wireless International Inc), Memorandum of Agreement (Leap Wireless International Inc)

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Early Completion Bonus. With respect to a System, Vendor shall be ---------------------- entitled to an early completion bonus from the Owner in the event that Substantial Completion with respect to such System occurs on or prior to the date that is [*] prior to the Guaranteed Substantial Completion Date for such System. Such early completion bonus shall be equal to [*] (pro-rated on a daily basis for periods of time less than one week) of the total amount of all Purchase Orders relating to such System, based on the number of days that Substantial Completion occurs prior the date that is [*] prior to the Guaranteed Substantial Completion Date for such System.

Appears in 1 contract

Samples: System Equipment Purchase Agreement (Leap Wireless International Inc)

Early Completion Bonus. With respect to a System, Vendor shall ---------------------- be entitled to an early completion bonus from the Owner in the event that Substantial Completion with respect to such System occurs on or prior to the date that is [*] prior to the Guaranteed Substantial Completion Date for such System. Such early completion bonus shall be equal to [*] (pro-rated on a daily basis for periods of time less than one week) of the total amount of all Purchase Orders relating to such System, based on the number of days that Substantial Completion occurs prior the date that is [*] prior to the Guaranteed Substantial Completion Date for such System.

Appears in 1 contract

Samples: System Equipment Purchase Agreement (Leap Wireless International Inc)

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Early Completion Bonus. With respect to a System, Vendor shall be ---------------------- entitled to an early completion bonus from the Owner in the event that Substantial Completion with respect to such System occurs on or prior to the date that is [*] prior to the Guaranteed Substantial Completion Date for such System. Such early completion bonus shall be equal to [*] (pro-rated on a daily basis for periods of time less than one week) of the total amount of all Purchase Orders relating to such System, based on the number of days that Substantial Completion occurs prior to the date that is [*] prior to the Guaranteed Substantial Completion Date for such System.

Appears in 1 contract

Samples: Purchase Agreement (Leap Wireless International Inc)

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