Payment of Change Orders, Overages, and Other Adjustments Sample Clauses

Payment of Change Orders, Overages, and Other Adjustments. (a) If requested by Contractor, and in Contractor’s sole discretion, Buyer shall be required to pay all or part of any Adjustment amount, including any Adjustments arising from a Change Order or Overage, upfront and at the execution of the Change Order Document, at the time of the next periodic Invoice, or immediately upon any subsequent demand by Contractor, or alternatively, Contractor may allow the Change Order, Overage, or Other Adjustment amount to be paid as part of the balance of the (increased) Contract Price, including in the situation in which the Adjustment has been approved by Buyer’s lender as an approved increase to the Contract Price. (b) All Change Order, Overage, and Adjustment amounts are entirely non-refundable. (c) In the event Contractor demands that the Change Order, Overage, or other Adjustment amount be immediately paid by Xxxxx and Xxxxx refuses, Contractor, in its sole discretion, may immediately stop its Work until such payment is remitted and/or may choose not to fulfill the Change Order, Overage, or other Adjustment item. (d) Buyer acknowledges that Change Orders, Overages, as well as any changes in the Plans, may delay the progress of the Work and that Contractor is not liable for any costs, expenses, or damages alleged by Buyer associated with any aforementioned delay or stoppage of Work. (e) In addition, Change Order and Overage amounts do not include or account for any realtor commission percentage or amount, and Contractor reserves the right, in its sole discretion, to increase all past, current, and future Change Order and Overage amounts on the Project by the amount of the applicable realtor commission.
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Payment of Change Orders, Overages, and Other Adjustments. (a) If requested by Contractor, and in Contractor’s sole discretion, Buyer shall be required to pay all or part of any Adjustment amount, including any Adjustments arising from a Change Order or Overage, upfront and at the execution of the Change Order Document, at the time of the next periodic Invoice, or immediately upon any subsequent demand by Contractor, or alternatively, Contractor may allow the Change Order, Overage, or Other Adjustment amount to be paid as part of the balance of the (increased) Contract Price, including in the situation in which the Adjustment has been approved by Buyer’s lender as an approved increase to the Contract Price.

Related to Payment of Change Orders, Overages, and Other Adjustments

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  • Rent and Other Payments This paragraph contains detailed commercial terms. ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

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  • SETTLEMENT AND OTHER EXPENSES A. The following expenses must be paid at or prior to closing:

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  • Insurance and Other Benefits During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in the Company’s insurance programs and any ERISA benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be entitled to paid personal days on a basis consistent with the Company’s other senior executives, as determined by the Board. The Executive shall be bound by all of the policies and procedures established by the Company from time to time. However, in case any of those policies conflict with the terms of this Agreement, the terms of this Agreement shall control.

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