Payment of Contract Price. At the time of transfer of title, the balance of the Contract Price not paid through Developer's requisitions under the construction financing for the Project shall be paid by Owner to Developer by wire transfer, certified check or other mutually acceptable means less any Punch-List Amount or retainage required by Owner's lender.
Appears in 4 contracts
Samples: Development Agreement (Standish Care Co), Development Agreement (Carematrix Corp), Development Agreement (Carematrix Corp)
Payment of Contract Price. At the time of transfer of title, the balance of the Contract Price not paid through the Developer's requisitions under the construction financing for the Project shall be paid by the Owner to the Developer by wire transfer, certified check or other mutually acceptable means less any Punch-List Amount or retainage required by the Owner's lender.
Appears in 2 contracts
Samples: Development and Turnkey Services Agreement (Standish Care Co), Development Agreement (Standish Care Co)
Payment of Contract Price. At the time of transfer of title, the balance of the Contract Price not paid through Developervia Contractor's requisitions under the construction financing for the Project Facility shall be paid by the Owner to Developer the Contractor by wire transfer, certified check or other mutually acceptable means less any Punch-List list Amount or retainage required by Owner's lender.
Appears in 1 contract
