Payment of the Contract Sample Clauses

Payment of the Contract. Price shall be full compensation for all labour, services, Contractor Parties, Construction Equipment and Products required in the performance of the Unit Price Work, including, hand tools, supplies and other incidentals.
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Payment of the Contract. Price shall not constitute Owner’s approval of any portion of the Project or the Work which has been determined not to be, or subsequently is determined not to have been, performed in accordance with the requirements of this Agreement. Set off. Owner may deduct and set off against any part of the balance due or to become due to Contractor under this Agreement or against any Retainage (a) any Delay Liquidated Damages due or accrued but not paid from Contractor to Owner hereunder that are not then the subject of dispute resolution under Section 14.2, or (b) any other amounts that are due from Contractor to Owner under or in connection with this Agreement.
Payment of the Contract. PROCEEDS On the Maturity Date, the value available to the Payee is the Accumulation Value, less any applicable Premium Tax, Contract fees, or Rider/Endorsement fees. You may elect to have this value paid in a lump sum or under one of the payment plans described below. The election of a payment plan must be made in writing and received in Good Order at least thirty (30) days prior to the Maturity Date. If no election is made, the automatic payment plan of a life annuity with 10-year period certain paid monthly to the Payee will be applied. If the Accumulation Value on the Maturity Date is less than [$2,500.00], the annual payment is less than [$50.00], or the Payee is a corporation, partnership, association, trustee or assignee, We reserve the right to pay the Accumulation Value to the Contract Owner in a lump sum cash payment. Annuity payments will not be less than those that would be provided by the application of the cash surrender value to purchase a single premium immediate annuity contract at purchase rates offered by the company at the time of the same class of annuitants. 9.1
Payment of the Contract. The Contract price payable by You is set out in Your Schedule that will be sent to You at the time of taking out Your selected Glow Care product or at the point in which you choose to renew Your Contract. • You must pay the contact price in monthly instalments during the Contract year as set out in Your Schedule. • Your Monthly Payments must be made by Direct Debit. No other forms of payment will be accepted. • Where there is any cost for a Repair, this must be paid by credit or debit card prior to the work being carried out. • Late Monthly Payments may incur an additional charge of 0.05% of the outstanding balance for every day that the Monthly Payment is late. • Until full payment is made, We retain all ownership of all parts and equipment fitted by Us. If You do not pay Us we may recover these parts and equipment from You. Any outstanding payments must be made before any further works will be carried out. • If two or more people have entered this Contract with Us, each person will be joining and severally responsible for any money owed. This means that we can claim all of the money owed from any person.
Payment of the Contract. The Contract price payable by You is set out in Your Schedule that will be sent to You at the time of taking out Your selected MJC Home Services LTD product or at the point in which you choose to renew Your Contract. • You must pay the contract price in monthly instalments during the Contract year as set out in Your Schedule or you can pay annually.
Payment of the Contract. The decision of the Procurement Manager shall be issued in writing and shall be furnished to the Contractor. The decision shall state the reasons for the decision reached. The Procurement Manager shall render the final decision within sixty (60) days after receipt of decision shall be final and conclusive. The Contractor shall proceed diligently with performance of this contract pending final resolution of any request for relief, claim, appeal or action arising under the contract and shall comply with any final decision rendered by the Manager of Procurement.
Payment of the Contract price by the Buyer to the Supplier hereunder shall not constitute waiver of the rights acquired on the basis of a default on part of the Supplier, or acknowledgment that the relevant Goods were ordered or that they did not suffer from defects.
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Related to Payment of the Contract

  • Termination of the Contract 11.1. The Coordinator may terminate the contract if the Co-beneficiary has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Co-beneficiary by registered letter has remained without effect for one month.

  • SUBJECT OF THE CONTRACT 1. The subject of the Contract is the creation of the work ordered as a result of own creative intellectual activity of the Author – to elaborate the evaluation of applications delivered to the Client (hereinafter “Work”) within an open call for submitting applications to solve projects of research and development in particular science and technology fields pursuant to the Article 6 Section 3 of Act No.172/2005 Coll. On State Aid Administration and Central State Administration as amended (hereinafter “Act”) subsequently as amended, labelled VV 2021 (hereinafter “Open Call”).

  • of the Contract (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS DAY OF , 20 . ATTEST: (NAME OF Contractor) By Secretary(*) President (SURETY) (*)(*) (TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*)Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney GEORGIA SECURITY AND IMMIGRATION COMPLIANCE ACT AFFIDAVIT(S)

  • Term of the Contract A. This Contract has an initial term of one (1) year and a bilateral option provision for three (3) additional terms. The total term of the Contract cannot exceed four (4) years. An extension may be offered beyond the original four-year term if Sourcewell deems such action to be in the best interests of Sourcewell and its Members. The Contractor may withdraw from the Contract on each anniversary of the award, provided that the Contractor gives 60 Days written notice of its intent to withdraw. Sourcewell may, for any reason, terminate this Contract at any time.

  • Management of the Collateral Each Grantor further agrees, that, during the continuance of any Event of Default, (i) at the Collateral Agent’s request, it shall assemble the Collateral and make it available to the Collateral Agent at places that the Collateral Agent shall reasonably select, whether at such Grantor’s premises or elsewhere, (ii) without limiting the foregoing, the Collateral Agent also has the right to require that such Grantor store and keep any Collateral pending further action by the Collateral Agent and, while any such Collateral is so stored or kept, provide such guards and maintenance services as shall be necessary to protect the same and to preserve and maintain such Collateral in good condition, normal wear and tear excepted, (iii) until the Collateral Agent is able to sell, assign, license out, convey or transfer any Collateral, the Collateral Agent shall have the right to hold or use such Collateral to the extent that it deems appropriate for the purpose of preserving the Collateral or its value or for any other purpose deemed appropriate by the Collateral Agent and (iv) the Collateral Agent may, if it so elects, seek the appointment of a receiver or keeper to take possession of any Collateral and to enforce any of the Collateral Agent’s or any Lender’s remedies, with respect to such appointment without prior notice or hearing as to such appointment. The Collateral Agent shall not have any obligation to any Grantor to maintain or preserve the rights of any Grantor as against other Persons with respect to any Collateral while such Collateral is in the possession of the Collateral Agent.

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