NTP Payment definition

NTP Payment means the notice to proceed payment set forth in the Payment Schedule.
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NTP Payment shall have the meaning ascribed to such term in Section 5.2.2 of the Supply Agreement.
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NTP Payment is defined in Section 13.2.
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Examples of NTP Payment in a sentence

  • After Owner’s issuance of the NTP Payment Milestone payment, Contractor assumes all risk relating to fluctuation of any foreign currency.

  • Base Bid (turnkey cost of porch replacement): $ Estimated Project Completion Time: (number of calendar days from NTP) Payment terms are: Net 30.

  • In the event that any payments due under the Contract Documents (other than the NTP Payment) are not received within thirty (30) days from the date payment is due, provided that the unpaid amounts are not the subject of a good faith dispute, Seller may suspend performance of the Wind Turbine Work upon seven (7) Business Days written notice Owner.

  • In the event that Owner does not exercise such option as provided herein, then the Contract Price for the WTGs covered by the applicable NTP Payment shall remain payable in accordance with Section 5.2 below in Japanese Yen and US Dollars in the ratio that the two currencies bear to each other in the Contract Price.

  • Notwithstanding the foregoing, during the NTP Payment Period only, upon thirty (30) days written notice to Sunrun, Contract may opt out of Exclusivity and Contractor and any Subcontractor may sell TPO Products that are not Sunrun Products to residential customers in the Territory at the conclusion of such notice period (“Exclusivity Opt-Out Option”).

  • EPC Contractor may elect to have Owner withhold all or a portion of the Page 59 NTP Payment to meet the Performance Credit Support requirement until the Performance Credit Support requirement is replaced by a Letter of Credit.

  • Calo Street, Butuan City Terms and Conditions: Delivery Period: One hundred Twenty (120) calendar days upon receipt of the Notice to Proceed (NTP) Payment Terms: Send Bill Arrangement Pre-Delivery inpection: 10% of the total quantity (provided all equipment are presented completely) are subjected to inspection at supplier/contractor warehouse/office.

  • Base Bid: $ Bid Alternate 1: $ Estimated Project Completion Time: (number of calendar days from NTP) Payment terms are: Net 30.

  • Upon the CTRMA’s receipt of the Performance Bond and the NTP Payment Bond and all other documents required to be provided to the CTRMA on or before issuance of NTP, the CTRMA shall release the Proposal Bond.

Related to NTP Payment

  • Delta Payment means as it is described in this Agreement.

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Payment Amount as defined in Section 3.5.

  • Net Payment means the amount the Issuer or any paying agent pays the Holder after deducting or withholding an amount for or on account of any present or future tax, assessment or other governmental charge imposed with respect to that payment by a taxing authority (including any withholding or deduction attributable to additional amounts payable pursuant to this Section).

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • 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.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Debit Payment means a particular transaction where a debit is made.

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Payment Ahead means, with respect to a Precomputed Receivable and a Collection Period, any Excess Payment (not representing, when added to any Deferred Prepayment with respect to such Precomputed Receivable, a prepayment in full of such Precomputed Receivable) which the Servicer, in accordance with its customary servicing practices, will apply towards the payment of Scheduled Payments due in one or more future Collection Periods.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • 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.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Event Payments has the meaning set forth in Section 6.1(d).