General Payment Requirements Sample Clauses

General Payment Requirements. 8.1.1 In addition to the payment terms set forth in this Article, the general requirements for payment, including the procedures and timing for the Applications for Payment, for DESIGN-BUILD CONTRACTOR’s Services are set forth in Article 9 of the General Conditions. 8.1.2 As of the Effective Date, the maximum amount payable to the DESIGN-BUILD CONTRACTOR under this Contract is as follows: Lump Sum – Preconstruction Services $ Lump Sum – Design Services to 60% Design Development (for GMP) $ Lump Sum – Design Services from 60% Design Development to 100% Construction Documents $ TOTAL PRECONSTRUCTION PHASE AND DESIGN SERVICES $ Construction Phase Services The DESIGN-BUILD CONTRACTOR’s Fee and percentage amount based on the estimated Cost of the Work are as follows: DESIGN-BUILD CONTRACTOR’s Fee: $ DESIGN-BUILD CONTRACTOR’s Fee percentage: % Agreed Cost of the Work: $ 8.1.2.1. The DESIGN-BUILD CONTRACTOR shall plan and design the Project in such a manner that the Agreed Cost of the Work does not exceed the sum of $ without the express written approval of the Director. The sum of $ may be increased or decreased by the Director, in his sole discretion. 8.1.2.2. The DESIGN-BUILD CONTRACTOR shall continuously monitor and participate in updating the Probable Cost of the Work throughout the design process. If at any time during the course of this Project the Probable Cost of the Work, for all work designed and specified, exceeds or becomes likely to exceed the Agreed Cost of the Work, as updated from time to time, the DESIGN-BUILD CONTRACTOR shall immediately notify the Director. Upon becoming aware that the Probable Cost of the Work will exceed the current Agreed Cost of the Work, the Director, in his sole discretion, may by written notice: (i) increase the Cost of the Work (ii) reduce the scope, or (iii) require a re-design of the Project by DESIGN- BUILD CONTRACTOR. 8.1.2.3. There shall be no increase in the DESIGN-BUILD CONTRACTOR’s compensation for any such re-design to maintain the Agreed Cost of the Work. 8.1.2.4. For purposes of Section 8.1.2, inclusive of all sections therein, no person other than the Director may provide written authorization to change the Agreed Cost of the Work specified herein. 8.1.3 As of the Effective Date, the maximum amount payable to the DESIGN-BUILD CONTRACTOR under this Contract is $ , which is the total amount for compensation for the performance of Preconstruction Services. Without limiting any term or condition hereunder with ...
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General Payment Requirements. 8.1.1 In addition to the payment terms set forth in this Article, the general requirements for payment, including the procedures and timing for the Applications for Payment, for DESIGN BUILD CONTRACTOR’s Services are set forth in Article 9 of the General Conditions. 8.1.2 As of the Effective Date, the maximum amount payable to the DESIGN BUILD CONTRACTOR under this Agreement is the total amount for compensation for the performance of Preconstruction Services as set forth in Section 8.2.1 below. Without limiting any term or condition hereunder with respect to payments to the DESIGN BUILD CONTRACTOR, the DESIGN BUILD CONTRACTOR’s entitlement to, and the City’s obligation to pay, any additional compensation to the DESIGN BUILD CONTRACTOR for the performance of the Work will be dependent upon the execution of the GMP Amendment. The DESIGN BUILD CONTRACTOR recognizes that the City has no obligation hereunder to enter into any such Amendment. In the event the City and DESIGN BUILD CONTRACTOR agree on a Guaranteed Maximum Price and the City authorizes DESIGN BUILD CONTRACTOR to proceed with the Construction Services, DESIGN BUILD CONTRACTOR’s compensation shall be calculated under 8.3 below.
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General Payment Requirements. In addition to the payment terms set forth in this Article, the general requirements for payment, including the procedures and timing for the Applications for Payment, for XXXX’x Services are set forth in Article 9 of the General Conditions. As of the Effective Date, the maximum amount payable to the XXXX under this Contract is as follows: Preconstruction Phase Services: Lump Sum – Preconstruction Services $___________ Construction Phase Services: The XXXX’x Fee and percentage amount based on the estimated Cost of the Work are as follows: XXXX’x Fee: $___________ XXXX’x Fee percentage: ____% Agreed Cost of the Work: $___________ As of the Effective Date, the maximum amount payable to the XXXX under this Contract is $__________, which is the total amount for compensation for the performance of Preconstruction Services. Without limiting any term or condition hereunder with respect to payments to the XXXX, the XXXX’x entitlement to, and the City’s obligation to pay, any additional compensation to the XXXX for the performance of the Work will be dependent upon the execution of a CGMP Amendment and/or the GMP Amendment. The XXXX recognizes that the City has no obligation hereunder to enter into any such amendment. In the event the Director and XXXX agree on a GMP and the Director authorizes XXXX to proceed with Construction Phase Services, XXXX’x compensation shall be calculated under Section 8.3.
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General Payment Requirements. 8.1.1 In addition to the payment terms set forth in this Article, the general requirements for payment, including the procedures and timing for the Applications for Payment, for XXXX’x Services are set forth in Article 9 of the General Conditions. 8.1.2 As of the Effective Date, the maximum amount payable to XXXX under this Agreement is as follows: $ $ Preconstruction Services Price: Lump Sum Cost of the Work: 8.1.2.1. The XXXX’x Fee and percentage amount based on the estimated Cost of the Work are as follows: % XXXX’x Fee: XXXX’x Fee percentage: 8.1.3 As of the Effective Date, the maximum amount payable to the XXXX under this Agreement is $ , which is the total amount for compensation for the performance of Preconstruction Services. Without limiting any term or condition hereunder with respect to payments to the XXXX, the XXXX’x entitlement to, and the City’s obligation to pay, any additional compensation to the XXXX for the performance of the Work will be dependent upon the execution of the CGMP and/or GMP Amendments. The XXXX recognizes that the City has no obligation hereunder to enter into any such Amendments.
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General Payment Requirements. 8.1.1 In addition to the payment terms set forth in this Article, the general requirements for payment, including the procedures and timing for the Applications for Payment, for XXXX’x Services are set forth in Article 9 of the General Conditions. 8.1.2 As of the Effective Date, the maximum amount payable to XXXX under this Agreement is as follows: 8.1.2.1. The XXXX’x Fee and percentage amount based on the estimated Cost of the Work are as follows: 8.1.3 As of the Effective Date, the maximum amount payable to the XXXX under this Agreement is $ , which is the total amount for compensation for the performance of Preconstruction Services. Without limiting any term or condition hereunder with respect to payments to the XXXX, the XXXX’x entitlement to, and the City’s obligation to pay, any additional compensation to the XXXX for the performance of the Work will be dependent upon the execution of the GMP Amendment. The XXXX recognizes that the City has no obligation hereunder to enter into any such Amendment.
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Related to General Payment Requirements

  • Payment Requirements ‌ A. Contract Amount: It is expressly agreed and understood that the total amount to be paid by County under this Contract shall not exceed the total County funding as set forth in Attachment B-Payment/Compensation to Subrecipient attached hereto and incorporated herein by reference. B. County will reclaim any unused balance of funds for reallocation to other County approved projects.

  • Equipment Requirements No Equipment is provided to Customer as part of this Service.

  • Agreement Requirements This agreement will be issued to cover the Janitorial Service requirements for all State Agencies and shall be accessible to any School District, Political Subdivision, or Volunteer Fire Company.

  • Project Requirements 1. Project must conform to regulations under 24 CFR Part 92, commonly known as the HOME Regulations.

  • Amendment Requirements (a) Notwithstanding the provisions of Sections 13.1 and 13.2, no provision of this Agreement that establishes a percentage of Outstanding Units (including Units deemed owned by the General Partner) required to take any action shall be amended, altered, changed, repealed or rescinded in any respect that would have the effect of reducing such voting percentage unless such amendment is approved by the written consent or the affirmative vote of holders of Outstanding Units whose aggregate Outstanding Units constitute not less than the voting requirement sought to be reduced. (b) Notwithstanding the provisions of Sections 13.1 and 13.2, no amendment to this Agreement may (i) enlarge the obligations of any Limited Partner without its consent, unless such shall be deemed to have occurred as a result of an amendment approved pursuant to Section 13.3(c), (ii) enlarge the obligations of, restrict in any way any action by or rights of, or reduce in any way the amounts distributable, reimbursable or otherwise payable to, the General Partner or any of its Affiliates without its consent, which consent may be given or withheld in its sole discretion, (iii) change Section 12.1(b), or (iv) change the term of the Partnership or, except as set forth in Section 12.1(b), give any Person the right to dissolve the Partnership. (c) Except as provided in Section 14.3, and without limitation of the General Partner’s authority to adopt amendments to this Agreement without the approval of any Partners or Assignees as contemplated in Section 13.1, any amendment that would have a material adverse effect on the rights or preferences of any class of Partnership Interests in relation to other classes of Partnership Interests must be approved by the holders of not less than a majority of the Outstanding Partnership Interests of the class affected. (d) Notwithstanding any other provision of this Agreement, except for amendments pursuant to Section 13.1 and except as otherwise provided by Section 14.3(b), no amendments shall become effective without the approval of the holders of at least 90% of the Outstanding Units voting as a single class unless the Partnership obtains an Opinion of Counsel to the effect that such amendment will not affect the limited liability of any Limited Partner under applicable law. (e) Except as provided in Section 13.1, this Section 13.3 shall only be amended with the approval of the holders of at least 90% of the Outstanding Units.

  • CONTRACT REQUIREMENTS a. NSF will exercise its responsibility for oversight and monitoring of procurements, contracts or other contractual arrangements for the purchase of materials and supplies, equipment or general support services under the award. The procedures set forth below shall be followed to ensure that performance, materials and services are obtained in an effective manner and in compliance with the provisions of applicable Federal statutes and executive orders. The awardee shall obtain prior written approval from the cognizant NSF Grants and Agreements Officer prior to entering into a contract if the amount exceeds $250,000 or other amount specifically identified in the agreement. Contracts clearly identified in the NSF award budget are considered approved at the time of award unless withheld by the Grants and Agreements Officer. Contracts must be clearly identified in the NSF award budget (on Line G6. Other) or by receiving written prior approval from the cognizant NSF Grants and Agreements Officer after an award is issued. The threshold noted above also applies to cumulative increases in the value of the contractual arrangement after initial NSF approval. The awardee shall not artificially segregate its procurements to lesser dollar amounts for the purpose of circumventing this requirement. A request to enter into a contract shall include, at a minimum: 1. Proposed contractual arrangement document; 2. A description of the supplies or services required; 3. Identification of the type of contract to be issued; 4. The proposed price and the recipient's cost or price analysis; 5. Identification of the proposed vendor, an explanation of why and how the proposed vendor was selected, and the degree of competition obtained; and 6. If the contract was awarded without competition, the memorandum shall include a detailed justification.

  • Minimum Balance Requirements To be a member and maintain Accounts with Us You must purchase 1 share in the Credit Union. The par value of a share in this Credit Union is $5.00. If the balance in Your primary share Account drops below 1 share ($5.00), at any time, We may, at Our option, close Your Account. Nonsufficient Funds Returns. Any share draft or pre-authorized transfer, or transaction made through the use of a debit card, or other electronic means, as is applicable (including any in-person transaction), that is presented to Us for payment on Your Account when Your Account lacks sufficient collected funds to pay any such item may, at Our option, be returned for nonsufficient funds or We may honor any such item and charge You a fee for doing so. Overdraft Balance Calculation. When processing transactions that debit or credit Your Account, We start each Business Day with Your final Account balance from the preceding Business Day. The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Account that were finally settled that day, as described above in the "Deposit of Items" and "Collection and Processing of Items" sections of the Account Agreement. This starting balance at the beginning of a Business Day (the preceding Business Day's final balance) is sometimes referred to as Your "actual balance."

  • Deposit Requirements Funds may be deposited to any account in any manner approved by the Credit Union in accordance with the requirements set forth in the “Rate Addendum and Schedule of Fees and Charges.” All accounts are non- assignable and nonnegotiable to third parties. Certificate accounts are governed by the terms of this Agreement, the terms of the “Rate Addendum and Schedule of Fees and Charges,” and the terms and disclosures on your certificate account receipt for each account, which is incorporated herein by this reference.

  • Basic Requirements To be eligible for PayPal’s Seller Protection program, all of the following basic requirements must be met, as well as any applicable additional requirements: • The primary address for your PayPal account must be in the United States. • The item must be a physical, tangible good that can be shipped, except for items subject to the Intangible Goods Additional Requirements. Transactions involving items that you deliver in person in connection with payment made in your physical store, may also be eligible for PayPal’s Seller Protection program so long as the buyer paid for the transaction in person by using a PayPal goods and services QR code. • You must ship the item to the shipping address on the Transaction Details page in your PayPal account for the transaction. If you originally ship the item to the recipient’s shipping address on the Transaction Details page but the item is later redirected to a different address, you will not be eligible for PayPal’s Seller Protection program. We therefore recommend not using a shipping service that is arranged by the buyer, so that you will be able to provide valid proof of shipping and delivery. • The shipping requirement does not apply to eligible transactions involving items that you deliver in person; provided, however, that you agree to provide us with alternative evidence of delivery or such additional documentation or information relating to the transaction that we may request. • You must respond to PayPal’s requests for documentation and other information in a timely manner as requested in our email correspondence with you or in our correspondence with you through the Resolution Center. If you do not respond to PayPal’s request for documentation and other information in the time requested, you may not be eligible for PayPal’s Seller Protection program. • If the sale involves pre-ordered or made-to-order goods, you must ship within the timeframe you specified in the listing. Otherwise, it is recommended that you ship all items within 7 days after receipt of payment. • You provide us with valid proof of shipment or delivery. • The payment must be marked “eligible” or “partially eligible” in the case of Unauthorized Transaction claims, or “eligible” in the case of Item Not Received claims, for PayPal’s Seller Protection program on the Transaction Details page. • In the case of an Unauthorized Transaction claim, you must provide valid proof of shipment or proof of delivery that demonstrates that the item was shipped or provided to the buyer no later than two days after PayPal notified you of the dispute or reversal. For example, if PayPal notifies you of an Unauthorized Transaction claim on September 1, the valid proof of shipment must indicate that the item was shipped to the buyer no later than September 3 to be eligible for PayPal’s Seller Protection program. PayPal determines, in its sole discretion, whether your claim is eligible for PayPal’s Seller Protection program. PayPal will make a decision, in its sole discretion, based on the eligibility requirements, any information or documentation provided during the resolution process, or any other information PayPal deems relevant and appropriate under the circumstances. To be eligible for PayPal’s Seller Protection program for a buyer’s Item Not Received claim, you must meet both the basic requirements and the additional requirements listed below: • Where a buyer files a chargeback with the issuer for a card-funded transaction, the payment must be marked “eligible” for PayPal’s Seller Protection on the Transaction Details page. • You must provide proof of delivery as described below.

  • Performance Requirements A. There is no guaranteed minimum amount of work which will be ordered under this Contract. B. The total Contract amount will not exceed $4,900,000. C. This is a Contract for work specified in individual Job Orders. Work ordered prior to but not completed by the expiration of the Contract period, and any additional work required as a result of unforeseen conditions encountered during construction up to six (6) months after the contract expiration date, will be completed with all provisions of this Contract still in force. Performance time for each Job Order issued under this Contract will be determined in accordance with the Contract. This performance time will be determined and agreed upon by both Parties for each individual Job Order. Contractor must self-perform 20% of the Work under this Contract for ‘A’ and ‘B’ licenses. Contractor must self-perform 75% of the Work under this Contract, unless otherwise approved by the County, for ‘C’ licenses. D. This is an indefinite-quantity Contract for the supplies or services specified and effective for the period stated. Work or performance shall be made only as authorized by Job Orders issued in accordance with the ordering procedures clause. The Contractor agrees to furnish to the County when and if ordered, the supplies or services specified in the Contract up to and including the quantity designated in the Job Orders issued as the maximum designated in the Contract.