Common use of Final Payment and Release Clause in Contracts

Final Payment and Release. Final payment shall be made to the CONSULTANT upon satisfactory completion and acceptance by the OWNER of all services required, by the CONSULTANT pursuant to this Contract, or all services performed prior to the termination of said Contract if so terminated and upon submission of a certification that all subconsultants/subcontractors have been paid their full and agreed compensation. Acceptance by the CONSULTANT of final payment hereunder shall operate as, and shall be, a release to the OWNER from all claims and liability to the CONSULTANT and its successors, legal representatives, and assigns for anything done or furnished under or arising out of the provisions of this Contract. No payment, final or otherwise, shall release the CONSULTANT from any obligations under this Contract.

Appears in 7 contracts

Samples: Contract, Consulting Agreement, Consulting Agreement

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Final Payment and Release. Final payment shall be made to the CONSULTANT upon satisfactory completion and acceptance by the OWNER of all services required, required by the CONSULTANT pursuant to this Contract, or all services performed prior to the termination of said Contract if so terminated and upon submission of a certification that all subconsultants/subcontractors have been paid their full and agreed compensation. Acceptance by the CONSULTANT of final payment hereunder shall operate as, and shall be, a release to the OWNER from all claims and liability to the CONSULTANT and its successors, legal representatives, and assigns for anything done or furnished under or arising out of the provisions of this Contract. No payment, final or otherwise, shall release the CONSULTANT from any obligations under this Contract.

Appears in 6 contracts

Samples: Commissioning Services Agreement, Consulting Agreement, Consulting Agreement

Final Payment and Release. Final payment shall be made to the CONSULTANT CM upon satisfactory completion and acceptance by the OWNER of all services required, by the CONSULTANT CM pursuant to this Contract, or all services performed prior to the termination of said Contract if so terminated and upon submission of a certification that all subconsultants/subcontractors trade contractors have been paid their full and agreed compensation. Acceptance by the CONSULTANT CM of final payment hereunder shall operate as, and shall be, a release to the OWNER from all claims and liability to the CONSULTANT CM and its successors, legal representativesRepresentatives, and assigns for anything done or furnished under or arising out of the provisions of this Contract. No payment, final or otherwise, shall release the CONSULTANT CM from any obligations under this Contract.

Appears in 5 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

Final Payment and Release. Final payment shall be made to the CONSULTANT upon satisfactory completion and acceptance by the OWNER DASNY of all services required, required by the CONSULTANT pursuant to this Contract, or all services performed prior to the termination of said Contract if so terminated and upon submission of a certification that all subconsultants/subcontractors subconsultants have been paid their full and agreed compensation. Acceptance by the CONSULTANT of final payment hereunder shall operate as, and shall be, a release to the OWNER DASNY from all claims and liability to the CONSULTANT and its successors, legal representatives, and assigns for anything done or furnished under or arising out of the provisions of this Contract. No payment, final or otherwise, shall release the CONSULTANT from any obligations under this Contract.

Appears in 2 contracts

Samples: Consulting Agreement, Consulting Agreement

Final Payment and Release. Final payment shall be made to the CONSULTANT upon satisfactory completion and acceptance by the OWNER of all services required, by the CONSULTANT pursuant to this Contract, or all services performed prior to the termination of said Contract if so terminated and upon submission of a certification that all subconsultants/subcontractors subconsultants have been paid their full and agreed compensation. Acceptance by the CONSULTANT of final payment hereunder shall operate as, and shall be, a release to the OWNER from all claims and liability to the CONSULTANT and its successors, legal representatives, and assigns for anything done or furnished under or arising out of the provisions of this Contract. No payment, final or otherwise, shall release the CONSULTANT from any obligations under this Contract.

Appears in 2 contracts

Samples: Consulting Agreement, Consulting Agreement

Final Payment and Release. Final payment shall be made to the CONSULTANT in accordance with Article V.A. and upon satisfactory completion and acceptance by the OWNER DASNY of all services required, required by the CONSULTANT pursuant to this Contract, or all services performed prior to the termination of said Contract if so terminated and upon submission of a certification that all subconsultantsSUBCONSULTANTs/subcontractors SUBCONSULTANTs have been paid their full and agreed compensation. Acceptance by the CONSULTANT of final payment hereunder shall operate as, and shall be, a release to the OWNER DASNY from all claims and liability to the CONSULTANT and its successors, legal representatives, and assigns for anything done or furnished under or arising out of the provisions of this Contract. No payment, final or otherwise, shall release the CONSULTANT from any obligations under this Contract.

Appears in 1 contract

Samples: Construction Contract

Final Payment and Release. Final A. Upon satisfactory completion by the Contractor and acceptance by the Owner of all Work required pursuant to the Contract Documents, or all Work performed prior to the termination of the Contract if so terminated, final payment shall be made to the CONSULTANT upon satisfactory completion and acceptance by the OWNER of all services requiredContractor, by the CONSULTANT pursuant to this Contract, or all services performed prior subject to the termination provisions of said the Contract if so terminated and upon submission of a certification that all subconsultants/subcontractors have been paid their full and agreed compensation. Documents allowing Owner to withhold payment to Contractor. B. Acceptance by the CONSULTANT Contractor of final payment hereunder shall operate as, and shall be, a release to the OWNER Owner from all claims and liability to the CONSULTANT Contractor and its successors, legal representatives, and assigns for anything done or furnished under or arising out of the provisions of this Contract. No payment, final or otherwise, shall release the CONSULTANT Contractor from any obligations under this Contract.

Appears in 1 contract

Samples: Contract for Design Build Work

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Final Payment and Release. Final payment shall be made to the CONSULTANT upon satisfactory completion and acceptance by the OWNER of all services required, by the CONSULTANT pursuant to this Contract, or all services performed prior to the termination of said Contract if so terminated and upon submission of a certification that all subconsultants/subcontractors subcontractors, as applicable, have been paid their full and agreed compensation. Acceptance by the CONSULTANT of final payment hereunder shall operate as, and shall be, a release to the OWNER from all claims and liability to the CONSULTANT and its successors, legal representatives, and assigns for anything done or furnished under or arising out of the provisions of this Contract except as provided for in Article X of this Contract. No payment, final or otherwise, shall release the CONSULTANT from any obligations under this Contract.

Appears in 1 contract

Samples: Term Contract for Professional Services

Final Payment and Release. Final payment shall be made to the CONSULTANT upon satisfactory completion and acceptance by the OWNER of all services required, required by the CONSULTANT pursuant to this Contract, or all services performed prior to the termination of said Contract if so terminated and upon submission of a certification that all subconsultants/subcontractors subconsultants have been paid their full and agreed compensation. Acceptance by the CONSULTANT of final payment hereunder shall operate as, and shall be, a release to the OWNER from all claims and liability to the CONSULTANT and its successors, legal representatives, and assigns for anything done or furnished under or arising out of the provisions of this Contract. No payment, final or otherwise, shall release the CONSULTANT from any obligations under this Contract.

Appears in 1 contract

Samples: Consulting Agreement

Final Payment and Release. Final payment shall be made to the CONSULTANT upon satisfactory completion and acceptance by the OWNER of all services required, required by the CONSULTANT pursuant to this Contract, or all services performed prior to the termination of said Contract if so terminated and upon submission of a certification that all subconsultantsSubconsultants/subcontractors Subcontractors have been paid their full and agreed compensation. Acceptance by the CONSULTANT of final payment hereunder shall operate as, and shall be, a release to the OWNER from all claims and liability to the CONSULTANT and its successors, legal representatives, and assigns for anything done or furnished under or arising out of the provisions of this Contract. No payment, final or otherwise, shall release the CONSULTANT from any obligations under this Contract.

Appears in 1 contract

Samples: Consulting Agreement

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