Project Budget and Pay-in-Schedule Sample Clauses

Project Budget and Pay-in-Schedule. The Parties hereto agree that the “Pay-in-Schedule” attached hereto as Exhibit C is accepted as the project budget and a preconstruction estimate of the draw schedule (the “Project Budget”) with respect to the VHDA Senior Loan, the County Leasehold Loan, and all other sources and uses of monies with respect to the construction of Xxxxxxx Place West Apartments. The Parties acknowledge that the Pay-in-Schedule is a preconstruction estimate of the expected draw amounts, however, the amount on the approved Application for Loan Disbursement is the amount of both County AHIF Funds that the County Board needs to disburse and VHDA Senior Loan Funds that VHDA will disburse. For each draw, a Contractors Requisition is prepared that shows the incurred costs. Once the incurred costs have been approved by the contractor, Borrower, architect, and by VHDA, they are then listed on the Application for Loan Disbursement. The County Board will fund the amount shown on the Application for Loan Disbursement and only after the County Board’s entire AHIF loan amount has been disbursed by the County Board will VHDA fund the amount shown on the Application for Loan Disbursement (or the remainder of the funds needed on an approved Application for Disbursement after the County has fully funded their County Leasehold Loan), without any further documentation or approval from the County Board.
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Related to Project Budget and Pay-in-Schedule

  • Project Budget A Project Budget shall be prepared and maintained by Grantee. The Project Budget shall detail all costs for which the Grant will be used during each calendar month of the Term. The Project Budget must be approved in writing by the Project Monitor. Grantee shall carry out the Project and shall incur costs and make disbursements of funds provided hereunder by the Sponsor only in conformity with the Project Budget. The current approved Project Budget is contained in Attachment B. Said Project Budget may be revised from time to time, but no Project Budget or revision thereof shall be effective unless and until the same is approved in writing by Project Monitor. The funds granted under this Grant Contract cannot be used to supplant (replace) other existing funds.

  • Pay Schedule 48.1 The regularly scheduled payday shall be bi-weekly, every other Thursday.

  • Salary Schedules (a) The salary schedules shall be incorporated into this Agreement as Appendix V.

  • Budget Schedule Subrecipient agrees that the expenditures of any and all funds under this Contract will be in accordance with the Budget Schedule, a copy of which is attached hereto as Attachment C, and which by this reference is incorporated herein and made a part hereof as if fully set forth.

  • Recovery Schedule If the initial schedule or any current updates fail to reflect the Work’s actual plan or method of operation, or a contractual milestone date is more than fifteen (15) days behind, Owner may require that a recovery schedule for completion of the remaining Work be submitted. The Recovery Schedule must be submitted within seven (7) calendar days of Owner’s request. The Recovery Schedule shall describe in detail Construction Contractor’s plan to complete the remaining Work by the required Contract milestone date. The Recovery Schedule submitted shall meet the same requirements as the original Construction Schedule. The narrative submitted with the Recovery Schedule should describe in detail all changes that have been made to meet the Contract milestone dates.

  • Shift Schedule The words "shift schedule" when used in this Agreement shall mean a timetable of the shifts and off days assigned to a position or group of positions which commences at the beginning of a pay period and includes one complete rotation of said shifts.

  • Construction Progress Schedule; Overall Project Schedule The Contractor shall submit for review by the Design Professional and approval by the Owner a Construction Progress Schedule based upon the Design Professional’s Preliminary Design and Construction Schedule and prepared using a CPM (Critical Path Method) process within sixty days after the Effective Date of the Contract, utilizing a full-featured software package in a form satisfactory to the Design Professional and Owner, showing the dates for commencement and completion of the Work required by the Contract Documents, including coordination of mechanical, plumbing, and electrical disciplines, as well as coordination of the various subdivisions of the Work within the Contract. Milestones must be clearly indicated and sequentially organized to identify the critical path of the Project. The Construction Schedule will be developed to represent the CSI specification divisions. It shall have the minimum number of activities required to adequately represent to the Owner the complete scope of Work and define the Project’s (and each Phase’s if phased) critical path and associated activities. The format of the Construction Progress Schedule will have dependencies indicated on a monthly grid identifying milestone dates such as construction start, phase construction, structural top out, dry-in, rough-in completion, metal stud and drywall completion, equipment installation, systems operational, inspections for Material Completion and Occupancy Date, and Final Completion Date. The Contractor shall submit, along with the Construction Progress Schedule, the Submittal Schedule for approval by the Design Professional, correlating the associated approval dates for the documents with the Construction Progress Schedule. Upon recommendation by the Design Professional and approval by the Owner, the Construction Progress Schedule shall become the Overall Project Schedule, which shall be utilized by the Design Professional, Owner and Contractor. The Contractor must provide the Design Professional and the Owner with monthly updates of the Overall Project Schedule indicating completed activities and any changes in sequencing or activity durations, including approved change orders. See also Article 3.3.5.

  • Flexible Work Schedules (a) Academic Professional staff members throughout the University may have, as indicated below, flexible work schedules. For example, Academic Professionals often travel on University business and/or work evenings and weekends. A flexible work schedule is defined as having established working hours different from the standard 8:00 a.m. to 5:00 p.m. Monday through Friday schedule, to be followed by an employee for an agreed upon period of time.

  • RDO Schedule a) The Schedule of RDO’s to be observed each year will generally be as provided under the VBIA.

  • Vacation Schedules (a) Employees shall submit their vacation requests to the supervisor on or before:

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