Payment by City Sample Clauses
Payment by City. The City of New Haven shall pay to the Retirement Board such amounts to fund the benefits provided by this Article as shall be determined by the Retirement Board based on sound actuarial principles. For each fiscal year the City's payments shall be a percentage of the estimated total payroll of all participating members of the Retirement Fund. The City's payment shall also include the total administrative and other expenses of the Retirement Fund for each year.
Payment by City. CITY shall pay Independent Contractor according to the sum and schedule described in Attachment attached hereto and incorporated herein by this reference and in an amount not to exceed .
Payment by City. (a) So long as the Bonds shall be issued and outstanding, in the event that, as provided in Section 7.04 of the Master Indenture, the Trustee shall have made the transfers and deposits to the Bond Fund as provided in Section 7.02(a)(2) of the Master Indenture and shall have determined that there is a deficiency therein, the Trustee shall immediately give written notice of such deficiency to the Authority and to the City, which notice shall specify the amount of the deficiency in such Bond Fund and such other matters as provided in Section 4.03 of the First Supplemental Indenture, and shall instruct the City to make deposit with the Trustee of the specified amounts no later than four Business Days preceding the next Interest Payment Date, so that the Trustee shall be able to make payments of principal of and interest on the Bonds, as scheduled on such Interest Payment Date.
(b) If, on the tenth (10th) Business Day prior to any Interest Payment Date, the Trustee shall determine that there shall not be sufficient funds in the Bond Fund to pay the principal of and interest on the Bonds on such Interest Payment Date, the Trustee shall promptly notify the City by 12:00 noon on such tenth (10th) Business Day by telephone, promptly confirmed in writing, of such deficiency, and the City shall promptly pay to the Trustee at least four (4) Business Days prior to such Interest Payment Date an amount which will satisfy such deficiency and which, together with other moneys available to the Trustee in the Bond Fund, will be sufficient to permit the Trustee to make such payments of principal of and interest on the Bonds on such Interest Payment Date.
(c) To the extent that it makes any payments of Debt Service on the Bonds or otherwise makes payments to the Trustee hereunder, the City’s rights to reimbursement for such payments shall be as set forth in the Indenture. As long as the Bond Insurer is the Directing Party, as such phrase is defined in the Indenture, the City waives its rights of subrogation and its equitable and legal remedies in connection therewith. The City recognizes that it has no rights under the Bond Insurance Policy.
Payment by City. In the event and to the extent (1) the City uses municipal collection forces directly for the haulage of Controllable Waste to the Disposal System or (2) the City uses non-municipal Franchise Haulers for collection but nonetheless elects to pay the Contract Rate from City revenues, the City, as its own Franchise Hauler, shall have direct responsibility for payment of the Contract Rate, and shall take all such budgetary, appropriation and other action as may be necessary to provide for the timely payment of the Contract Rate. Such action may include, depending upon the means authorized by the City to provide for such payment, the levy and collection of general or special taxes, the imposition of benefit assessments, or the collection of user fees, generator charges or other similar impositions for municipal solid waste disposal. The City shall use best efforts in accordance with Applicable Law to levy and impose all such taxes, assessments, fees or charges, and will take all steps, actions and proceedings for the enforcement, collection and payment of all such amounts which shall become delinquent, to the full extent permitted by Applicable Law. To the extent provided in Section 7.5 hereof, the obligation of the City for such Contract Rates shall be limited to amounts in the City’s Solid Waste Enterprise Fund. From the Commencement Date to the date of expiration or termination of this Agreement, the obligation to the City to pay the Contract Rate, to the extent the City rather than Franchise Haulers is responsible directly for payment and provided that the Service Covenant has been complied with, shall be absolute and unconditional and shall not be subject to delay or diminution by reason of set-off, abatement, counterclaim, existence of a dispute or otherwise.
Payment by City. The City will pay each bill in full within 30 days of receipt of payment request and supporting documentation. Consultant shall furnish such additional documentation as the City shall reasonably require. Incorrect payments to the Consultant due to omission, error, fraud, or defalcation may be recovered from the Consultant by deduction for subsequent payments due to the Consultant under this Agreement or other contracts between the City and the Consultant.
Payment by City. After substantial completion of the Project and upon inspection and certification by the Director that construction of at least 25 percent of the housing to be served by the Project has been completed, the Director shall schedule the closing for payment to the Developer ("Closing") at a time and place convenient to the parties. At least 30 days before the date of Closing, Developer shall provide the Director of PW&E:
(1) An accounting of all Eligible Costs, including records and vouchers for all payments made by the Developer for Eligible Costs. Developer shall provide all documentation of Eligible Costs as required by the Director.
(2) A certified copy of the subdivision or development plat and all documents necessary and required by the City Attorney to vest title to the Project in the City free and clear of any encumbrances.
(3) Record drawings of the Project signed by the Project engineer.
(4) Construction contractor’s certificate of payment to subcontractors and material suppliers.
(5) Certificate of final completion of the Project executed by the Office of the City Engineer.
(6) Copy of acceptance letter for the Project signed by the Office of the City Engineer.
(7) Certification signed by the Developer that it has complied with the requirements of Section II E, Sale of Property. Within 30 days after Developer completes the closing requirements, subject to the Limitation of Appropriation set out in Section B below, the City shall pay for water and wastewater Main as follows: The Sum of:
(a) 100 percent of the Eligible Over Sizing Costs for the Main,
(b) 70 percent of the balance of Eligible Construction Costs for the Main,
(c) 100 percent of the Eligible Design Costs,
(d) Interest on the reimbursement cost as calculated above at the interest rate described in Article I of this Contract for the period of time between the Developer's loan disbursement and payment by the City. For Projects serving single family housing that is sold at low or moderate cost as defined in Section 47-164 of the Code of Ordinances only, the City shall pay Developer, in addition to the above costs, Eligible Storm Sewer Drainage Costs (including the Detention Facility Allocation as set out in Section IV A and interest calculated at the rate set out in Article I from the date of loan disbursement up to the Date of Closing only) up to a maximum amount of $3,000 per lot, upon proof furnished to the Director that lot and housing unit have been sold for low or moderate cost and tha...
Payment by City. If Tenant fails to pay any tax or charge required by this Section to be paid by Tenant, City may, but is not obligated to, on five (5) days’ prior written notice to Tenant, pay, discharge, or adjust such tax or charge for Xxxxxx’s benefit. In such event, Tenant, on receipt of written demand of City, shall reimburse City promptly for the full amount paid by City in paying, discharging or adjusting such tax or charge together with interest thereon from its due date at the rate of one percent (1%) per month until paid, plus pay any penalties.
Payment by City. The City shall make payment to the Contractor within thirty (30) days of receiving a payment request unless promptly notified by the City that there is a discrepancy, dispute, or question regarding the payment request. Should the City determine that there is a discrepancy, dispute, or question regarding the payment request, the City shall make payment as provided in this Section 6.03 of the undisputed portion of the payment request while the Parties work to resolve the issues regarding the disputed portion of the payment request.
Payment by City. The maximum, not-to-exceed compensation payable to Contractor under this Contract, which includes any allowable expenses, is $***,***.**. City will not pay Contractor any amount in excess of the not-to-exceed compensation of this Contract and will not pay for Services performed before the Effective Date or after the expiration or termination of this Contract. If the maximum compensation is increased by amendment of this Contract, the amendment must be fully effective before Contractor performs Services subject to the amendment. City will pay Contractor for only for completed Deliverables and Services performed according to the schedule and rates in Attachment 1.
Payment by City. Subject to Design-Builder meeting the requirements for payment set out in this Agreement, including Schedule 16 [Payment Mechanism], the City will pay Design-Builder amounts the City is expressly obligated to pay under the Agreement, including:
(a) the Design and Procurement Payments as set out in Schedule 16 [Payment Mechanism];
(b) the Monthly Construction Payments as set out in Schedule 16 [Payment Mechanism];
(c) the Construction Completion Payment;
(d) the Legislative Holdback Payment;
(e) amounts owing under Section 3 [Land Matters];
(f) amounts owing under Section 9 [Force Majeure];
(g) amounts owing under Section 10 [Relief Events and Limited Relief Events];
(h) the Termination Payments as set out in Section 15 [Termination Payments];
(i) amounts owing under Schedule 10 [Environmental Performance Requirements];
(j) amounts owing under Schedule 13 [Changes];
(k) amounts owing for Construction Payment Adjustments as set out in Section 2.3 [Construction Payment Adjustments] of Schedule 16 [Payment Mechanism];
(l) amounts owing under Schedule 17 [Insurance and Performance Security Requirements];
(m) amounts owing under Schedule 20 [Dispute Resolution Procedure]; and
(n) amounts owing under Schedule 28 [Project Approvals and Utility Matters] Part 2 [Utility Matters]. in accordance with the provisions of this Agreement.