Lump Sum Amounts definition
Examples of Lump Sum Amounts in a sentence
The Estimated Contract Price, Fixed Unit Prices, and the Lump Sum Amounts are subject to adjustment only by Change Order as provided in Article 6.
As compensation in full to Contractor for the full and complete performance of the Work and all of Contractor’s other obligations under this Agreement with respect to the Work, Owner shall pay and Contractor shall accept the sum of (i) the product of the Fixed Unit Prices multiplied by the Measured Quantities for all Unit Price Work performed in accordance with this Agreement, plus (ii) the sum of the Lump Sum Amounts for all Lump Sum Work performed in accordance with this Agreement (the “Contract Price”).
We will use reasonable efforts to ensure that your Lump Sum Amounts Requests are processed in a timely manner and in accordance with the requirements of the law.
Where • Station Usage Fees; • Capped Amount payments; • Compensation Payments made by RailCorp for poor train running performance; • Line Closure Compensation Payments; • Staff Pass Lump Sum Amounts; and • Replacement and Refurbishment Release Amounts (see below).
Lump Sum Amounts for services or fees for design and engineering work under Phase I and Phase II.
Where Lump Sum Amounts are bid, the amount for each bid item shall govern rather than the total of any several items.
Additionally, a member agrees that Iko Holdings Limited or its partners engaged in the provision of the Service may recruit a specialized Lump Sum Amounts recovery agency for the purpose of recovering any outstanding Lump Sum Amounts Amount and/or transaction charges if a member does not repay the Lump Sum Amounts Amount within the applicable Service Period, First Service Period Extension, or Final Service Period Extension.
Following the expiration of the applicable eighteen (18) months or twenty-four (24) months period referred to above in this Section 9(c), provided that prior to the expiration of such period Assignee shall have cured all Monetary Defaults and paid all Lump Sum Amounts to Virginia Power, Assignee shall be free to transfer the Facility to a Transferee.
Upon such conveyance by Assignee to a Transferee, all liability of the Assignee for any uncured Monetary Defaults and unpaid Lump Sum Amounts shall terminate, and upon such conveyance by a Transferee to Virginia Power for the price of $1.00 all liability of the Transferee for any uncured Monetary Defaults and unpaid Lump Sum Amounts shall terminate.
Note: Mainline valve assemblies and pig launcher/receiver assemblies are Lump Sum Amounts.