Examples of Punch List Holdback Amount in a sentence
As Final Punch List items are completed, the Punch List Holdback Amount shall be reduced to an amount equal to two hundred percent (200%) of the aggregate estimated cost of completing the then-remaining Final Punch List items.
In accordance with Section 20.3(b), within twenty (20) Business Days after the Substantial Completion Date, PacifiCorp shall pay to Developer the result of subtracting the Punch List Holdback Amount from the Retainage, if a positive dollar value.
PacifiCorp shall pay, within twenty (20) Business Days of the reduction of such Punch List Holdback Amount, the amount of the Retainage in excess of such adjusted Punch List Holdback Amount then held by PacifiCorp.
According to Ecuacorriente, “a fleet of 32 trucks with a capacity of 32 tons each will travel a total of 418 kilometres to the port in Machala.
DTE shall pay the applicable portion of the Punch List Holdback Amount, other than the Revegetation Holdback Amount, against Developer’s monthly invoices submitted for items on the Punch List which were completed in the prior month.