Construction Payments definition

Construction Payments has the meaning given in clause 91.9.2
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Construction Payments has the meaning in Section 2.1 of Schedule 8 [Payments];
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Construction Payments means payments from the Authority to Project Co during the Construction Period pursuant to Schedule 8 [Payments] of the Project Agreement;
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Examples of Construction Payments in a sentence

  • Code Ch. 162, concerning Construction Payments, Loan Receipts, and Misapplication of Trust Funds.

  • All payments to CMR shall be subject to the provisions of the Texas Property Code, Chapter 162, concerning Construction Payments, Loan Receipts, and Misapplication of Trust Funds.

  • Step 6 – Construction Payments If the project is new construction or if the project is sizable (lasting more than 2-3 months) the contractor will demand that they are paid overtime or at certain “checkpoints”.

  • Other than the Construction Payments paid to Tenant in accordance with the terms and conditions of this Agreement, Tenant shall not be entitled to receive any payments, reimbursements or other compensation in connection with the performance of its duties, responsibilities and obligations under this Agreement.

  • Within ten (10) calendar days of receiving a complete Application, Landlord will pay to Tenant the amount requested by Tenant in such Application (each such payment, a “Construction Payment”), provided that the aggregate amount of the Construction Payments does not exceed the Construction Contribution Amount.

  • Approve Primary Center Construction Payments in the Amount of $60,300 (Second Check Run for June 2014) and $369,889.69 (First Check Run for July 2014); as Approved by VEBH Architects and S.

  • Save as disclosed above, there is no any specific repayment deadline in relation to the Construction Payments, which will form part of the shareholder loan advanced by the WOP Group to the Target Group.

  • The performance measures and the deliverables are described below.

  • Construction Payments Section 3402(t)(2)(D) exceptspayments for real property from section 3402(t) withholding.

  • Project Co may at any time submit a proposal to the City (an “Innovation Proposal”) to implement modifications to the Project or the Project Requirements, including through innovation or value engineering, for the purpose of achieving efficiencies, reducing the Construction Payments or the overall cost to the City of the Infrastructure or the operation or Maintenance of the Infrastructure or realizing other benefits.


More Definitions of Construction Payments

Construction Payments means the payments to be made to the Concessionaire during the Construction Period, upon satisfactory completion of the Payment Milestones, which shall, in aggregate, be equivalent to 40% of the Bid Project Cost, as adjusted from time to time to reflect the variation in the Construction Price Index. Construction Period has the meaning ascribed to it in Clause 7.1. Construction Plan means the detailed construction plan for the Facilities and the Associated Infrastructure to be prepared by the Concessionaire, which will set out the work to be performed by the Concessionaire to achieve each of the 4Payment Milestones, in a manner such that the Facilities and the Associated Infrastructure are completed on or prior to the Scheduled Construction Completion Date. The Construction Plan shall be approved by the Jal Xxxxx in accordance with Clause 7.3. Construction Price Index shall comprise:
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Construction Payments means the Progress Payments with respect to each Vessel or any other amounts due under the Assigned Construction Contract.
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Related to Construction Payments

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or provide major repairs or rehabilitations on a Property.

  • Construction Debt means debt incurred to fund (a) all or a portion of a Capital Improvement, (b) interest payments (including periodic net payments under related interest rate swap agreements) and related fees on other Construction Debt or (c) distributions (including incremental Incentive Distributions) on Construction Equity.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Termination Payments has the meaning specified in Section 10(a).

  • Production Payments and Reserve Sales means the grant or transfer by the Company or any of its Restricted Subsidiaries to any Person of a royalty, overriding royalty, net profits interest, Production Payment, partnership or other interest in Oil and Gas Properties, reserves or the right to receive all or a portion of the production or the proceeds from the sale of production attributable to such properties where the holder of such interest has recourse solely to such production or proceeds of production, subject to the obligation of the grantor or transferor to operate and maintain, or cause the subject interests to be operated and maintained, in a reasonably prudent manner or other customary standard or subject to the obligation of the grantor or transferor to indemnify for environmental, title or other matters customary in the Oil and Gas Business, including any such grants or transfers pursuant to incentive compensation programs on terms that are reasonably customary in the Oil and Gas Business for geologists, geophysicists or other providers of technical services to the Company or any of its Restricted Subsidiaries.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.

  • Construction Work means any work in connection with⎯

  • Construction management at-risk means a project delivery method in which the District awards separate contracts, one for architectural and engineering services to design an infrastructure facility and the second to a construction manager at-risk for both construction of the infrastructure facility according to the design and construction management services.

  • Payments has the meaning set forth in Section 8.11.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;