Mobilization Fee definition
Examples of Mobilization Fee in a sentence
Except for the Mobilization Fee invoice, Owner shall pay all undisputed invoice amounts within thirty (30) days after receipt of a complete and proper final invoice.
To the extent that the Mobilization Fee exceeds the Compensation owed for the first month, EPCM’s second month invoice shall reflect the amount of the difference as a credit owed to Owner on the second month invoice.
If the Compensation owed for the first month exceeds the amount of the Mobilization Fee, EPCM shall include the amount of the difference in the second month invoice as an additional charge to Owner.
When submitting its second month invoice under this Agreement, EPCM shall provide a true-up comparison of the Mobilization Fee against the Compensation owed to EPCM for the first month of the Services.
Owner shall pay the Mobilization Fee within seven (7) Business Days of the Deposit invoice.