Pursuant to. Article 4.6, the Center shall make payments of overhead to the participating institutions represented by their respective directors as a fixed payment. One half of the overhead will be paid after approval of quarterly progress and cost statements by the Center. A retention shall be made by the Center of the remaining one half of the allowable overhead for the project. The retention shall be released to the participating institutions represented by their respective directors within one month following the approval by the Center of the last technical or financial document or other deliverable required by the agreement.
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Samples: Project Agreement, Project Agreement, Project Agreement
Pursuant to. Article 4.6, the Center shall make payments of overhead to the participating institutions represented by their respective directors as a fixed payment. a percentage of costs incurred. One half of the overhead will be paid after approval of quarterly progress and cost statements by the Center. A retention shall be made by the Center of the remaining one half of the allowable overhead for the project. The retention shall be released to the participating institutions represented by their respective directors within one month following the approval by the Center of the last technical or financial document or other deliverable required by the agreement.
Appears in 1 contract
Samples: Project Agreement
Pursuant to. Article 4.64 .6, the Center shall make payments of overhead to the participating institutions represented by their respective directors as a fixed payment. One half of the overhead will be b e paid after approval ap proval of quarterly progress and cost statements by the Center. A retention shall be made by the Center of the remaining one half of the allowable overhead for the t he project. The retention ret ention shall be released to the participating institutions represented by their respective directors within one month following the approval by the Center of the last technical or financial document or other deliverable required by the agreement.
Appears in 1 contract
Samples: Project Agreement