Percentage of Completion. Applications for payment shall show the percentage of completion of each portion of the Work as of the end of the period covered by the application for payment. The percentage of completion shall be the lesser of (i) the percentage of that portion of the Work which has actually been completed; or (ii) the percentage obtained by dividing (a) the expense that has actually been incurred by the CM/GC on account of that portion of the Work for which the CM/GC has made or intends to make actual payment prior to the next application for payment by (b) the share of the GMP allocated to that portion of the Work in the Schedule of Values.
Percentage of Completion. Applications for payment shall show the percentage of completion of each portion of the Work as of the end of the period covered by the application for payment. The percentage of completion shall be the lesser of (i) the
Percentage of Completion. The term “Percentage of Completion” shall mean the percentage applicable to the Stage at which a particular Unit has been developed at the time of determination (which determination shall be made by Lender in its sole discretion). Lender and Borrower hereby agree that the Percentage of Completion applicable to each Stage of construction of a Unit shall be as provided in Exhibit A attached hereto and made a part hereof.
Percentage of Completion. Each Application for Payment shall show the percentage of completion applicable to each portion of the Work, as of the end of the period covered by the Application for Payment.
Percentage of Completion. The percentage of completion of construction at any time and the estimated total cost of construction of the Improvements shall be determined by the Architect, exercising professional judgment. The portion of Loan proceeds not advanced during the course of construction shall be paid to Borrower upon satisfaction of the conditions for the receipt of the final advance set forth in Article 6 hereof.
Percentage of Completion. A percentage of completion report for Borrower, Berkshire Wireless, Inc., and CCI Integrated Solutions Inc., within thirty (30) days after the end of each month of each fiscal year, in form and detail satisfactory to Lender.
Percentage of Completion. Applications for Payment for a Project shall show the percentage of completion of each portion of the Work for such Project that has actually been performed or completed as of the end of the period covered by the Application for Payment for such Project.
Percentage of Completion. Applications for payment shall show the percentage of
Percentage of Completion. Comments – Seller to provide a discussion of the status of each activity including the work completed to date, the work remaining to be completed, any interdependencies between tasks and important upcoming milestones and potential issues, delays and roadblocks 5% 25% 50% 75% 100%
Percentage of Completion. Each Application for Payment shall rate progress for each category of Work by applying a percentage-of-completion factor, which conservatively measures the progress of each portion of the Work to the end of the month (or to the end of such other interval agreed by the parties for such applications). The value of the Work thus incorporated into the Project plus the value of materials delivered and suitably stored at the Project Site for subsequent incorporation in the Work or stored off the Project Site in accordance with the provisions of Paragraph 7(c)(xiii) [Stored Materials and Equipment] below, less the compensation for prior progress shall become the basis for payment, as more specifically described below.
