PROGRESS PAYMENTS & FINAL PAYMENT Sample Clauses

PROGRESS PAYMENTS & FINAL PAYMENT. A. Owner shall make Progress Payments to Contractor based upon written applications for payment (each an "Application for Payment") submitted by Contractor to Owner (and, if applicable, the Engineer) pursuant to the attached Draw Schedule, in accordance with the Contract Documents [and, if there is an Engineer whose job includes reviewing Applications for Payment, written certificates for payment (each a "Certificate for Payment") issued by Engineer in accordance with the Contract Documents]. Each Application for Payment shall contain such information as required by the Contract Documents and as may be reasonably required by Owner and 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. Applications for Payment shall be on form designated or approved for such use by Owner.
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PROGRESS PAYMENTS & FINAL PAYMENT. 3.1 Based upon properly completed Applications for Payment submitted to the Owner by the Contractor, the Owner shall make progress payments on account of the Contract Sum to the Contractor as provided below and elsewhere in this Agreement. The Contractor shall adhere to the Payment Procedures set forth in Exhibit C attached hereto.
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PROGRESS PAYMENTS & FINAL PAYMENT 
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Related to PROGRESS PAYMENTS & FINAL PAYMENT

  • Progress Payments 5.1.1 Based upon Applications for Payment submitted to the Architect by the Contractor and Certificates for Payment issued by the Architect, the Owner shall make progress payments on account of the Contract Sum to the Contractor as provided below and elsewhere in the Contract Documents.

  • Progress Payments; Retainage A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the first day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below, provided that such Applications for Payment have been submitted in a timely manner and otherwise meet the requirements of the Contract. All such payments will be measured by the Schedule of Values established as provided in the General Conditions (and in the case of Unit Price Work based on the number of units completed) or, in the event there is no Schedule of Values, as provided elsewhere in the Contract.

  • Final Payment All items or Automated Clearing House (ACH) transfers credited to your account are provisional until we receive final payment. If final payment is not received, we may charge your account for the amount of such items or ACH transfers and impose a return item charge on your account. Any collection fees we incur may be charged to your account. We reserve the right to refuse or return any item or funds transfer.

  • ADDITIONAL PAYMENT In addition to any Spousal Support, in the event of Divorce: (check one) ☐ - There shall be No Additional Payment made by either Spouse to the other than those listed in this Agreement. ☐ - There shall be an Additional One (1) Time payment in the amount of $ made by the ☐ Husband ☐ Wife to the ☐ Husband ☐ Wife (“Additional Payment”). The Additional Payment shall be made within thirty (30) days after a divorce judgment, decree, or similar document that certifies the Divorce. ☐ - Other. .

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