Payment for Maintenance Services Sample Clauses

Payment for Maintenance Services. 8.1.1 During the term of this Capital Maintenance Agreement, in full consideration for the performance by the DB Contractor of its duties and obligations under the CMA Documents, TxDOT shall pay the amounts determined as set forth in Section 8.1.2, as adjusted in accordance with Section 8.1.3 (“Maintenance Price”) subject only to Section 8.1.4 and to such additions to and deductions from the compensation as may be provided for pursuant to Section 10. The Maintenance Price shall be paid in accordance with this Section 8.1. The Maintenance Price (and the individual components thereof) shall be increased or decreased only by a Change Order issued in accordance with Section 10, by an amendment to this Capital Maintenance Agreement, or as provided in Section 8.1.4. No portion of the Maintenance Price shall be payable on account of services provided: (a) prior to the Initial Maintenance Term Commencement Date, except for those tasks expressly required by the CMA Documents to be performed, and that are performed by DB Contractor, after issuance of Maintenance NTP1 and prior to the Initial Maintenance Term Commencement Date, or (b) after the expiration or earlier termination the Maintenance Period. 8.1.2 Subject to Section 8.1.4, DB Contractor shall be paid for Maintenance Services provided under this Capital Maintenance Agreement, a monthly payment equivalent to one-twelfth (1/12) of the sum of (a) the annual payments for Routine Maintenance set forth in the Routine Maintenance Payment Schedule in Exhibit 4, plus (b) the annual payments for Renewal Work set forth in the Renewal Work Payment Schedule in Exhibit 4. Such amount shall be payable in arrears pursuant to Draw Requests submitted on the first day of each month of such Maintenance Term year. 8.1.3 The annual Maintenance Price (MP) will be escalated or reduced in accordance with this Section 8.1.3. For the annual payments set forth in the Routine Maintenance Payment Schedule and Renewal Work Payment Schedule shown in Exhibit 4, based on changes in CPI as follows: (a) The CPI for the month three months prior to the month in which this Capital Maintenance Agreement is executed will establish the Base Index (BICPI); and (b) The annual payments shall be escalated or reduced by multiplying the annual amount payable for such year by the CPI for the month that is three months prior to the month in which the applicable year commences and dividing such amount by the BICPI. (c) The formula that reflects the foregoing...

Payment for Maintenance Services. 8.1.1 During the term of this CMA, in full consideration for the performance by DB Contractor of its duties and obligations under the CMA Documents, TxDOT shall pay the amounts determined as set forth in Section 8.1.2, as adjusted in accordance with Section 8.1.3 (the “Maintenance Price”), subject only to Section 8.1.4 and to such additions to and deductions from the compensation as may be provided for pursuant to Section 10. The Maintenance Price shall be paid in accordance with this Section 8.1. The Maintenance Price (and the individual components thereof) shall be increased or decreased only by a Change Order issued in accordance with Section 10, by an amendment to this CMA or as provided in Section 8.1.4. No portion of the Maintenance Price shall be payable on account of services provided (a) prior to the Initial Maintenance Term Commencement Date, except for those tasks expressly required by the CMA Documents to be performed and that are performed by DB Contractor, after issuance of Maintenance NTP1 and prior to the Initial Maintenance Term Commencement Date, or (b) after the expiration or earlier termination of this CMA.

Payment for Maintenance Services. 8.1.1 During the term of this Capital Maintenance Agreement, in full consideration for the performance by the Maintenance Contractor of its duties and obligations under the CMA Documents, TxDOT shall pay the amounts determined as set forth in Section 8.1.2, as adjusted in accordance with Section 8.1.3 (“Maintenance Price”) subject only to such additions to and deductions from the compensation as may be provided for pursuant to Section 10. The term “Maintenance Price” as used herein shall initially mean the pro-rated “yearly maintenance cost” for “year 1” set forth in Exhibit 4. The Maintenance Price shall be paid in accordance with this Section 8.1. The Maintenance Price (and the individual components thereof) shall be increased or decreased only by a Change Order issued in accordance with Section 10 or by an amendment to this Capital Maintenance Agreement. No portion of the Maintenance Price shall be payable on account of services provided: (a) prior to issuance of Maintenance NTP1, or (b) after the termination, expiration or non-renewal of the term of this Capital Maintenance Agreement.

Payment for Maintenance Services. 8.1.1 During the term of this Comprehensive Maintenance Agreement, in full consideration for the performance by the Maintenance Contractor of its duties and obligations under the COMA Documents, TxDOT shall pay the amounts determined as set forth in Section 8.1.2, as adjusted in accordance with Section 8.1.3 (“Maintenance Price”) subject only to Section

Payment for Maintenance Services. Unless otherwise agreed by the parties, Yak agrees to pay Convenxia for providing Maintenance Services and for developing Improvements in accordance with the Time and Material Rates.

Payment for Maintenance Services. (a) The Customer shall pay the Contractor for the maintenance services in the amount and frequency specified in Schedule 1. (b) Upon each anniversary of the contractual completion date during the term of this agreement, the amount of the maintenance services fee payable for the following year shall be adjusted by the percentage specified in Schedule 1.

Payment for Maintenance Services. (a) The Customer shall pay the Contractor for the maintenance services in the amount and frequency specified in Schedule 1. (b) Upon each anniversary of the performance guarantee commencement date during the term of the performance guarantee, the amount of the maintenance services fee payable for the following year shall be adjusted by the percentage specified in Schedule 1. (c) The Contractor will invoice the Customer separately for the provision of any additional maintenance or other service requested by the Customer not specifically referred to in this Agreement. 5.3 TRAINING (a) The Contractor is required to provide the Customer, its servants, agents and employees at no additional cost with such training as is reasonably required to affect the ongoing operation and maintenance of the EPC Solutions, as identified in the DFS. (b) The Contractor must complete the training for the EPC Solutions prior to the performance guarantee commencement date and, for any additional EPC Solutions or for ongoing training requirements, as and when reasonably required by the Customer.

Payment for Maintenance Services. 11.1 The agreed-upon flat-rate amounts are payable by the client in advance for the entire service year or the part of the service year remaining.

Payment for Maintenance Services. 8.1.1 During the term of this CMA, in full consideration for the performance by DB Contractor of its duties and obligations under the CMA Documents, TxDOT shall pay the amounts determined as set forth in Section 8.1.2, as adjusted in accordance with Section 8.1.3 (the “Maintenance Price”), subject only to

Payment for Maintenance Services. 8.1.1 During the term of this CMA, in full consideration for the performance by the Maintenance Contractor of its duties and obligations under the Capital Maintenance Agreement Documents, TxDOT shall pay the amounts determined as set forth in Section 8.1.2, as adjusted in accordance with Section 8.1.3 (“Maintenance Price”) subject only to such additions to and deductions from the compensation as may be provided for pursuant to Section 10. The term “Maintenance Price” as used herein shall initially mean the pro-rated “yearly maintenance cost” for “year 1” set forth in Exhibit 4-1, and, if applicable, Exhibit 4-2 for that Option Work TxDOT exercised its option for as of the effective date of Maintenance NTP1. The Maintenance Price shall be paid in accordance with this Section 8.1. The Maintenance Price (and the individual components thereof) shall be increased or decreased only by a Change Order issued in accordance with Section 10 or by an amendment to this CMA. No portion of the Maintenance Price shall be payable on account of services provided: (a) prior to issuance of Maintenance NTP1, or (b) after the termination, expiration or non-renewal of the term of this CMA.