Common use of PAYMENT OF THE CONTRACT SUM Clause in Contracts

PAYMENT OF THE CONTRACT SUM. 4.1 Where this AGREEMENT is not subject to mortgage finance being obtained by the EMPLOYER, payment of the CONTRACT SUM will be made by the EMPLOYER to the CONTRACTOR in progress payment instalments as the WORKS progress, and the amount of the payments will be calculated as the following percentages of the CONTRACT SUM:

Appears in 13 contracts

Samples: Building Contract, Building Contract, Building Contract

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PAYMENT OF THE CONTRACT SUM. 4.1 All parties initial here 3.1 Where this AGREEMENT is not subject to mortgage finance being obtained by the EMPLOYER, payment of the CONTRACT SUM will be made by the EMPLOYER to the CONTRACTOR in progress payment instalments as the WORKS progress, and the amount of the payments will be calculated as the following percentages of the CONTRACT SUM:

Appears in 1 contract

Samples: Building Agreement

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