Common use of FINAL SETTLEMENTS Clause in Contracts

FINAL SETTLEMENTS. The final settlement shall be made by the Agency for the purposes of Clause 21 of the General Conditions after that the Contractor has discharged his obligations under this Contract and subject to (a) the Contractor providing: i. Invoice(s); ii. Copies of supporting documents that may be required by Astrium as evidence of satisfactory contractual performance; iii. On behalf of his industrial consortium, either a list recapitulating the inventions made in the course of or resulting from work undertaken for the purpose of the Contract, or a formal statement that no invention has been made. iv. On behalf of his industrial consortium, a list of inventory items purchased by the Contractor for the purpose of this Contract, and inventoried in accordance with the provisions of Article 9 of the present Contract, complying with the requirements set forth in Appendix 2, Annex C. v. a statement of Sub-contractor’s penalties applications; vi. an end of project assessment report of the lessons learnt. The above provision applies without prejudice to the application of Article 6 above.

Appears in 2 contracts

Samples: Contract, Contract

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!