Maximum Payment Schedule Sample Clauses

Maximum Payment Schedule. The Maximum Payment Schedule for the Project is set forth in Exhibit 10 to this DBA.
Sample 1Sample 2Sample 3See All (30)
AutoNDA by SimpleDocs
Maximum Payment Schedule. The Project Schedule shall provide for payment to be made solely on the basis of progress by DB Contractor, subject to a cap on payments shown on the Maximum Payment Schedule established for the Project. The Maximum Payment Schedule shall not limit payment for Change Order Work unless otherwise specified in the Change Order. In other words, at no time shall DB Contractor’s cumulative total progress payments (including mobilization payments but exclusive of payments for Change Order Work) exceed the cumulative total expenditure permitted by the Maximum Payment Schedule. The Maximum Payment Schedule shall be calculated based on the monthly expenditure rate set forth in Exhibit 5 for the Project. If DB Contractor and TxDOT mutually agree in writing to a different expenditure rate at any time, then such revised rate shall thereafter be the Maximum Payment Schedule for the Project. The Maximum Payment Schedule shall be revised from time to time thereafter upon request by TxDOT or by DB Contractor on its own initiative, as appropriate to account for any changes in the Price as evidenced by Change Orders and/or amendments. The aggregate amount of progress payments to DB Contractor hereunder shall not exceed the amount allowed by the Maximum Payment Schedule at any time, exclusive of payments for Change Order Work, without the prior written approval of TxDOT, which approval may be withheld in its sole discretion.
Sample 1Sample 2Sample 3See All (30)
Maximum Payment Schedule. The Maximum Payment Schedule is set forth in Exhibit 10 to this DBA. Unless and until TxDOT issues a DWC NTP, the Maximum Payment Schedule shall be the schedule set forth in Exhibit 10-1. In the event TxDOT elects to exercise its right to issue a DWC NTP, the Price shall be increased by the DWC Price for each such DWC in accordance with Section 4.1 of this DBA. In such event, the Maximum Payment Schedule shall also be increased by adding the amounts set forth in the applicable DWC Maximum Payment Schedule set forth in Exhibit 10-2 to the corresponding months in the then current Maximum Payment Schedule. In such event, the payment for the last month of the Maximum Payment Schedule shall also be increased by adding the remaining amounts set forth in the applicable DWC Maximum Payment Schedule set forth in Exhibit 10-2 that come after the Substantial Completion Deadline. Upon such amendment thereof, all references to the Maximum Payment Schedule set forth in the Contract Documents shall mean the schedule as amended hereby. TxDOT shall have the right, but not the obligation, to prepare and deliver a revised Maximum Payment Schedule adjusted as described herein to incorporate the applicable DWC Price and related DWC Maximum Payment Schedule.
Sample 1Sample 2
Maximum Payment Schedule. The Project Schedule shall provide for payment to be made solely on the basis of progress by DB Contractor, subject to a cap on payments shown on the Maximum Payment Schedule established for the Project. The aggregate amount of progress payments to DB Contractor hereunder shall not exceed the amount allowed by the Maximum Payment Schedule at any time, exclusive of payments for Change Order Work, without the prior written approval of TxDOT, which approval may be withheld in its sole discretion. The Maximum Payment Schedule shall be calculated based on the monthly expenditure rate set forth in Exhibit 5 for the Project.
Sample 1Sample 2
Maximum Payment Schedule. DWC2 [Note that the column headed “Months after NTP1” in the Maximum Payment Schedule for this DWC submitted with the Proposal will be revised to commence after the applicable DWC NTP] EXHIBIT 10-2.3 MAXIMUM PAYMENT SCHEDULE – DWC3 [Note that the column headed “Months after NTP1” in the Maximum Payment Schedule for this DWC submitted with the Proposal will be revised to commence after the applicable DWC NTP] EXHIBIT 11
Sample 1
Maximum Payment Schedule. The Project Schedule shall provide for payment of the Price to be made solely on the basis of progress by DB Contractor, subject to a cap on progress payments shown on the Maximum Payment Schedule established for each Segment of the Project. The Maximum Payment Schedule shall not limit payment for Compensable Utility Adjustment Costs or for Change Order Work unless otherwise specified in the Change Order. In other words, at no time shall DB Contractor’s cumulative total progress payments (including mobilization payments but exclusive of payments for Compensable Utility Adjustment Costs and Change Order Work) exceed the cumulative total expenditure permitted by the Maximum Payment Schedule for the applicable Segment. The Maximum Payment Schedule for Work authorized by NTPs shall be calculated based on the monthly expenditure rate set forth in Exhibit 5A (as such exhibit may be replaced by Exhibit 5C in accordance with Section 12.1.2) for Segment 1 and Exhibit 5B for Segment 2. The applicable Maximum Payment Schedule will be adjusted to account for any Price adjustment made pursuant to Section 12.1.7 or Section 12.1.8 and any extension of a Completion Deadline made pursuant to Section 4.2.1.2
Sample 1
Maximum Payment Schedule. (Engineering Work and Site Preparation Work) See Attachment 3 to this Exhibit 3
Sample 1
AutoNDA by SimpleDocs

Related to Maximum Payment Schedule

  • Payment Schedule Except as provided in section 6.10 Travel, Meals and Lodging, payments will only be made based on Deliverables outlined within the Authorized User Agreement. Any invoice not related directly to a completed deliverable will be rejected. Any charge included on the invoice without backup documentation as specified in the Authorized User Agreement (travel receipts, etc.) may be removed. Any outstanding charges un-invoiced or removed from the invoice must be submitted/resubmitted within 120 Calendar days or may not be reimbursed. Each Deliverable may contain a retainage allotment as specified within the Authorized User Agreement. Each invoice is to include a detailed and itemized list of all retainage withholds that are in place since the activation of the Authorized User Agreement. Payment schedule shall be based on the final Authorized User Agreement as negotiated by the Authorized User and Contractor. Payment is only to be made after the deliverable within the Authorized User Agreement is accepted by the Authorized User. A Contractor is encouraged to submit no more than one invoice per month. Invoices must include cumulative retainage holdback. Invoices submitted to an Authorized User must include backup documentation as defined in the negotiated Authorized User Agreement.

  • Salary Schedule The salaries of Employees covered by this Agreement are set forth in the salary schedule in Appendix B which is attached to and incorporated into this Agreement.

  • ADDITIONAL PAYMENT In addition to any Spousal Support, in the event of Divorce: (check one) ☐ - There shall be No Additional Payment made by either Spouse to the other than those listed in this Agreement. ☐ - There shall be an Additional One (1) Time payment in the amount of $ made by the ☐ Husband ☐ Wife to the ☐ Husband ☐ Wife (“Additional Payment”). The Additional Payment shall be made within thirty (30) days after a divorce judgment, decree, or similar document that certifies the Divorce. ☐ - Other. .

  • Minimum Payment (a) Overtime worked on a Saturday or Sunday will be paid for at the rate of double Ordinary Rates. Employees required to work on a Saturday or Sunday will be afforded a minimum 4 hours work, or be paid as if for 4 hours at the aforementioned overtime rates.

Time is Money Join Law Insider Premium to draft better contracts faster.