Common use of Payment at Financial Closing Clause in Contracts

Payment at Financial Closing. As part of the Contract Price, Owner shall pay Design-Builder ***** as a mobilization fee, as soon as allowed by its organizational documents and any other agreements or Laws and at the latest, at the earlier to occur of Financial Closing or the issuance of a Notice to Proceed. The ***** payment shall be subject to retainage as provided by Section 10.2.7.

Appears in 3 contracts

Samples: Master Agreement for Design, Engineering and Construction (US BioEnergy CORP), Master Agreement for Design, Engineering and Construction (US BioEnergy CORP), Master Agreement for Design, Engineering and Construction (US BioEnergy CORP)

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Payment at Financial Closing. As part of the Contract Price, Owner shall pay Design-Builder [***** as a mobilization fee, ] as soon as allowed by its organizational documents and any other agreements or Laws and at the latest, at the earlier to occur of Financial Closing or the issuance of Closing, as a Notice to Proceedmobilization fee. The [***** ] mobilization fee payment shall be subject to retainage as provided by Section 10.2.7.

Appears in 2 contracts

Samples: Lump Sum Design Build Agreement (ASAlliances Biofuels, LLC), Lump Sum Design Build Agreement (ASAlliances Biofuels, LLC)

Payment at Financial Closing. As part of the Contract Price, Owner shall pay Design-Builder ***** as a mobilization fee, as soon as allowed by its organizational documents and any other agreements or Laws and at the latest, at the earlier to occur of Financial Closing or the issuance of Closing, as a Notice to Proceedmobilization fee. The Said ***** mobilization fee payment shall be subject to retainage as provided by Section 10.2.7.

Appears in 1 contract

Samples: Lump Sum Design Build Agreement (US BioEnergy CORP)

Payment at Financial Closing. As part of the Contract Price, Owner shall pay Design-Builder ***** *, as a mobilization fee, as soon as allowed by its organizational documents and any other agreements or Laws and at the latest, at the earlier to occur of Financial Closing or the issuance of a Notice to Proceed. The Said ***** mobilization fee payment shall be subject to retainage as provided by Section 10.2.7.

Appears in 1 contract

Samples: Lump Sum Design Build Expansion Agreement (US BioEnergy CORP)

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Payment at Financial Closing. As part of the Contract Price, Owner shall pay Design-Builder [***** ], as a mobilization fee, as soon as allowed by its organizational documents and any other agreements or Laws and at the latest, at the earlier to occur of Financial Closing or the issuance of a Notice to Proceed. The Said [***** ] mobilization fee payment shall be subject to retainage as provided by Section 10.2.7.

Appears in 1 contract

Samples: Lump Sum Design Build Expansion Agreement (Golden Grain Energy)

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