Examples of Drawdown Schedule in a sentence
Drawdown Schedule [There may be additional or fewer drawdown We will contribute our Project funding in accordance with the following drawdown schedule.
The Grant shall be paid in line with the Drawdown Schedule and upon receipt of a completed and signed version of Schedule 5: Claim Form from the Recipient.
The Contract Sum shall be paid by Concessionaire to Contractor in monthly installments (“Scheduled Payments”) based on percentage completion of the TTMS Work as demonstrated by Contractor and verified by Concessionaire subject to the Maximum Cumulative Drawdown Schedule and in accordance with the Payment and Values Schedule, as may be adjusted from time to time pursuant to the terms of this Agreement.
Without limiting clause 6.1, the Producer must complete each Milestone and deliver all of the Deliverables for that Milestone in accordance with the Drawdown Schedule.
Notwithstanding anything to the contrary contained herein, Concessionaire shall not be obligated to make any payment to the extent that such payment, when added to all other previous payments, exceeds the total amount designated as the “Maximum Cumulative Payment” for the corresponding month on the Maximum Cumulative Drawdown Schedule.