Final Completion and Payment Sample Clauses

Final Completion and Payment. The Contractor shall give written notice to Owner’s Representative of final completion. Upon written notice of final completion, the Owner's Representative shall proceed to make final measurement to determine whether final completion has occurred. If the Owner’s Representative determines final completion has occurred, Owner’s Representative shall so certify to the Owner. Upon certification by Owner’s Representative of final completion, Owner shall pay to the Contractor on or before the 31st working day after the date of certification of final completion, the balance due Contractor under the terms of this agreement. Neither the certification of final completion nor the final payment, nor any provisions in the contract documents shall relieve the Contractor of the obligation for fulfillment of any warranty which may be required in the contract documents and/or any warranty or warranties implied by law or otherwise. Owner may, in its sole discretion, release all or a portion of the Retainage for fully completed and accepted portions of the work. Notwithstanding the foregoing, Owner may withhold the Retainage if there is a bona fide dispute between Owner and Contractor according to section 2252.032(f) of the Texas Government Code.
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Final Completion and Payment. 5.1 When Contractor considers the Work under a Work Order to be complete and ready for its intended use, Contractor shall review the Work Order and inspect theWork. Prior to Contractor’s notification to the Director that the Work is completeand ready for final inspection, Contractor shall submit an affidavit that the Work has been inspected, and that the Work is complete in accordance with requirements of this Agreement.
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Final Completion and Payment. (1) Upon completion of the Work, the Contractor shall provide to the Library District written notice that the Work is ready for final inspection and acceptance, along with Contractor’s final Application for Payment. The Work shall then be inspected by Brinkmann Constructors and St. Louis County Library District, and when the Work is found to be acceptable and complete, the Architects shall issue a final Certificate for Payment stating that the Work has been completed in accordance with the Agreement and all related and applicable documentation.
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Final Completion and Payment a. If, on the basis of Authority's observation of the Work during construction and final inspection, and Authority's review of the Application for Final Payment and accompanying documentation as required by the Contract Documents, Authority is satisfied that the Work has been completed and Contractor 's other obligations under the Contract Documents have been fulfilled, Authority will, within ten (10) days after receipt of the final Application for Payment, make payment. At the same time, Authority will also give Written Notice of Final Completion to Contractor. Otherwise, Authority will return the Application for Final Payment to Contractor indicating in writing the reasons for refusing to recommend Final Completion and Final Payment, in which case Contractor shall make the necessary corrections and resubmit the Application for Final Payment. Authority may keep any monies which would otherwise be payable at the time hereunder and apply the same or so much as may be necessary therefore to the payment of any expenses, losses, or damages incurred by Authority for which Contractor is liable under this Contract, including liquidated damages. Upon receipt of the Notice of Final Completion and acceptance of the Work by Authority, final payment shall be made.
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Final Completion and Payment. Within thirty (30) days after Final ---------------------------- Completion and satisfaction of the conditions contained in Sections 4.7.1 and 4.9 hereof, Beneficiary shall pay Contractor all monies held as security pursuant to Section 4.5.2 hereof (except if the parties agree to extend the Letter of Credit beyond Final Completion pursuant to the provisions of Section 5.7(d) hereof) and any other monies that are owed by Owner to Contractor. The payment by Owner of the final Application for Payment does not constitute a waiver by Owner of Contractor's warranties as specified in this Contract.
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Final Completion and Payment. The Contractor shall give written notice to Owner’s Representative of final completion. Upon written notice of final completion, the Owner's Representative shall proceed to make final measurement to determine whether final completion has occurred. If the Owner’s Representative determines final completion has occurred, Owner’s Representative shall so certify to the Owner. Upon certification by Owner’s Representative of final completion, Owner shall pay to the Contractor on or before the 31st working day after the date of certification of final completion, the balance due Contractor under the terms of this agreement. Neither the certification of final completion nor the final payment, nor any provisions in the contract documents shall relieve the Contractor of the obligation for fulfillment of any warranty which may be required in the contract documents and/or any warranty or warranties implied by law or otherwise.
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Final Completion and Payment. Upon completion of the Work, the Contractor shall provide to the Owner and Architect written notice that the Work is ready for final inspection and acceptance, along with Contractor’s final Application for Payment. The Work shall then be inspected by the Owner and Architect, and when the Work is found to be acceptable and complete, the Architect shall issue a final Certificate for Payment stating that the Work has been completed in accordance with the Contract Documents.
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Final Completion and Payment. When Contractor has finished all work for each time period required by the Contract Documents to the County’s satisfaction, Contractor shall promptly submit a written invoice to the County. The County will then issue payment in full to Contractor within thirty (30) days of receipt of said invoice.
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Related to Final Completion and Payment

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

  • Termination and Payment Upon any termination or expiration of this Agreement, Client shall pay all unpaid and outstanding fees through the effective date of termination or expiration of this Agreement. And upon such termination, Consultant shall provide and deliver to Client any and all outstanding services due through the effective date of this Agreement.

  • Determination and Payment Subject to the foregoing, promptly after receipt of a statement requesting payment with respect to the indemnification rights set forth in Section 1, to the extent required by applicable law, the Company shall take the steps necessary to authorize such payment in the manner set forth in Section 145 of the Delaware General Corporation Law. The Company shall pay any claims made under this Agreement, under any statute, or under any provision of the Company’s Certificate of Incorporation or Bylaws providing for indemnification or advancement of Expenses, within thirty (30) days after a written request for payment thereof has first been received by the Company, and if such claim is not paid in full within such thirty (30) day-period, Indemnitee may, but need not, at any time thereafter bring an action against the Company in the Delaware Court of Chancery to recover the unpaid amount of the claim and, subject to Section 12, Indemnitee shall also be entitled to be paid for all Expenses actually and reasonably incurred by Indemnitee in connection with bringing such action. It shall be a defense to any such action (other than an action brought to enforce a claim for advancement of Expenses under Section 2(a)) that Indemnitee has not met the standards of conduct which make it permissible under applicable law for the Company to indemnify Indemnitee for the amount claimed. In making a determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such determination shall presume that Indemnitee is entitled to indemnification under this Agreement and the Company shall have the burden of proof to overcome that presumption with clear and convincing evidence to the contrary. The termination of any Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, or, in the case of a criminal Proceeding, that Indemnitee had reasonable cause to believe that Indemnitee’s conduct was unlawful. In addition, it is the parties’ intention that if the Company contests Indemnitee’s right to indemnification, the question of Indemnitee’s right to indemnification shall be for the court to decide, and neither the failure of the Company (including its Board of Directors, any committee or subgroup of the Board of Directors, independent legal counsel, or its stockholders) to have made a determination that indemnification of Indemnitee is proper in the circumstances because Indemnitee has met the applicable standard of conduct required by applicable law, nor an actual determination by the Company (including its Board of Directors, any committee or subgroup of the Board of Directors, independent legal counsel, or its stockholders) that Indemnitee has not met such applicable standard of conduct, shall create a presumption that Indemnitee has or has not met the applicable standard of conduct. If any requested determination with respect to entitlement to indemnification hereunder has not been made within ninety (90) days after the final disposition of the Proceeding, the requisite determination that Indemnitee is entitled to indemnification shall be deemed to have been made.

  • Calculation and Payment No later than the second Business Day following the receipt by Purchasers of the Monthly Servicing Oversight Report for a calendar month, Holdings will remit to Seller in immediately available funds the Seller Monthly Servicing Fee and Performance Fees payable by Holdings to Seller for the related calendar month, along with a report showing in reasonable detail the calculation of such Seller Monthly Servicing Fees and Performance Fees.

  • Acceptance and Payment A holder of Notes may accept or reject the offer to prepay pursuant to this Section 8.8 by causing a notice of such acceptance or rejection to be delivered to the Company at least 10 days prior to the Asset Disposition Prepayment Date. A failure by a holder of the Notes to respond to an offer to prepay made pursuant to this Section 8.8 shall be deemed to constitute a rejection of such offer by such holder. If so accepted, such offered prepayment in respect of the Ratable Portion of the Notes of each holder that has accepted such offer shall be due and payable on the Asset Disposition Prepayment Date. Such offered prepayment shall be made at 100% of the aggregate Ratable Portion of the Notes of each holder that has accepted such offer, together with interest on that portion of the Notes then being prepaid accrued to the Asset Disposition Prepayment Date, but without any Make-Whole Amount. If any holder of a Note rejects or is deemed to have rejected such offer of prepayment, the Company may use the Ratable Portion for such Note for general corporate purposes.

  • Completion of Repairs Borrower will commence any Repairs as soon as practicable after the date of this Loan Agreement and will diligently proceed with and complete such Repairs on or before the Completion Date. All Repairs and Capital Replacements will be completed in a good and workmanlike manner, with suitable materials, and in accordance with good building practices and all applicable laws, ordinances, rules, regulations, building setback lines and restrictions applicable to the Mortgaged Property. Borrower agrees to cause the replacement of any material or work that is defective, unworkmanlike or that does not comply with the requirements of this Loan Agreement, as determined by Lender.

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • Calculation and Payment of Additional Rent Tenant shall pay to Landlord, in the manner set forth in Section 4.4.1, below, and as Additional Rent, Tenant’s Share of Direct Expenses for each Expense Year.

  • Collection and Payment The Trustees shall have full power and authority to collect all property due to the Trust; to pay all claims, including taxes, against the Trust or Trust Property; to prosecute, defend, compromise, settle or abandon any claims relating to the Trust or Trust Property; to foreclose any security interest securing any obligations, by virtue of which any property is owed to the Trust; and to enter into releases, agreements and other instruments.

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