Progress Billing means any invoice for goods sold or services rendered under a contract or agreement pursuant to which the Account Debtor’s obligation to pay such invoice is conditioned upon any Obligor’s or any Subsidiary of an Obligor’s completion of any further performance under the contract or agreement; provided that in no event will any invoice for rent under a Lease be considered a Progress Billing.
Progress Billing means any invoice for goods sold or leased or services rendered under a contract or agreement pursuant to which the Account Debtor’s obligation to pay such invoice is conditioned upon the Borrower’s completion of any further performance under the contract or agreement.
Progress Billing means any invoice for goods sold or services rendered under a contract or agreement pursuant to which the Account Debtor’s obligation to pay such invoice is conditioned upon any Grantor’s or any Subsidiary of a Grantor’s completion of any further performance under the contract or agreement; provided that in no event will any invoice for rent under a Lease be considered a Progress Billing.
Examples of Progress Billing in a sentence
Progress Billing = Remaining Amount, Progress Billing may be submitted once per month during the construction period.
The Receivables from concessionaires represent concession fees for Current Operating Budget, Debt Service and Progress Billing that are outstanding as of balance sheet date.
All payments made to the CONTRACTOR shall be subjected to the required two percent (2%) Expanded Withholding Tax (EWT), five percent (5%) Final Withholding Tax on Government Money Payments (GMP), and ten percent (10%) retention fee from every Progress Billing.
Progress Billing: Each proposal shall include a description of how the respondent intends to progress bill the execution of respective work plans.
Special Payment and Progress Billing Terms:Invoicing begins on the 30th of the month following an order and/or the acceptance of the proposal/contract.
More Definitions of Progress Billing
Progress Billing means any invoice for goods sold or leased or services rendered under a contract or agreement pursuant to which the Account Debtor's obligation to pay such invoice is conditional upon such Borrower's completion of any further performance under such contract or agreement);
Progress Billing means any invoice for goods sold or leased or services rendered under a contract or agreement pursuant to which the Account Debtor’s obligation to pay such invoice is conditioned upon such Person’s completion of any further performance under the contract or agreement;
Progress Billing means any invoice for goods sold or services rendered under a contract or agreement pursuant to which the Account Debtor’s obligation to pay such invoice is conditioned upon any Obligor’s or any Subsidiary of an Obligor’s completion of any further performance under the contract or agreement; provided that in no event will any invoice for rent under a Lease be considered a Progress Billing. “Proposed Change” has the meaning specified in Section 12.1(b). “Proprietary Rights” means all of each Obligor’s and each of its Subsidiary’s now owned or hereafter arising or acquired patents, patent rights, industrial designs, copyrights, works which are the subject matter of copyrights, trademarks, service marks, trade names, trade dress, designs, and patent, trademark and service mark applications, and all licenses and rights related to any of the foregoing, and all other rights under any of the 52 [[5848018]][[DMS:6312716v7:05/07/2024--04:04 PM]] 4861-2153-1574 v.2
Progress Billing means any Account represented by an invoice, payable to any Company pursuant to an Acceptable Progress Payment Contract.
Progress Billing is an amount owing to Borrower and B & K Steel Fabrications, Inc., an Arizona corporation, (collectively, "Entities"), which has arisen from the delivery and/or shipment of products previously made and from services rendered for which an invoice has been issued by the Entities to its customer ("Customer") with respect to a specific job contracted for by the Customer ("Job"), and which amount is subject to a perfected security interest in favor of Bank and is not subject to any other security interest, lien, claim or encumbrance.
Progress Billing means an invoice submitted to Contractor by Subcontractor on the 15th or 30th day of each calendar month (or, if such a date is a holiday, then the first Business Day thereafter) (each a “Billing Date”) for Work performed hereunder and not previously invoiced through the Billing Date.
Progress Billing means any invoice for goods sold or leased or services rendered under a contract or agreement pursuant to which the Account Debtor's obligation to pay such invoice is conditioned upon the completion of any further performance by the Company, Kaiser Bellwood or KAII under the contract or agreement.