Additional Owner Payments Sample Clauses

Additional Owner Payments. Unless otherwise provided in the relevant Change Order or Change Directive or in the Construction Contract, Hospital will pay all Additional Owner Payments to Contractor on a progress payment basis in the manner and at the times contemplated by the Construction Contract.
Sample 1Sample 2Sample 3See All (16)
AutoNDA by SimpleDocs
Additional Owner Payments. (a) Unless otherwise provided in the relevant Change Order or Change Directive or in this Project Agreement, Owner will pay all Additional Owner Payments to Project Co, together with applicable Value Added Tax, on a progress payment basis in the manner and at the times contemplated by Schedule 18 – Payments and Holdbacks, or as otherwise directed by Project Co and shall not accept any redirection without the consent of the person to whom payment is directed. Owner agrees to pay the Additional Owner Payments as Project Co may direct in accordance with any such direction. Project Co acknowledges and agrees that payment by Owner of the Additional Owner Payments in accordance with this Section 4.7 as Project Co may direct, constitutes payment by Owner to Project Co in satisfaction of Owner’s obligation to pay the Additional Owner Payments to Project Co under this Project Agreement and in satisfaction of any trust obligation of Owner with respect to such payments under Section 7 of the Construction Lien Act (Ontario) pursuant to Section 10 of the Construction Lien Act (Ontario).
Sample 1Sample 2Sample 3See All (8)
Additional Owner Payments. Hospital will pay all Additional Owner Payments and the Value Added Taxes applicable to the Additional Owner Payments to Contractor on a progress payment basis in the manner and at the times contemplated by the Construction Contract. Contractor hereby irrevocably directs Hospital to make any payment in accordance with this Section 3.8 to Project Co. In the event that the Hospital receives notice from the Agent that either
Sample 1
Additional Owner Payments. Additional Owner Payments means amounts payable to the Contractor which are payable pursuant to any Change Order or Change Directive under which the Owner is expressly responsible for an increase to the Guaranteed Price which includes without limitation any cost arising out of a Change in the Scope of the Work initiated by the Owner under GC 6.1 – CHANGES or any payments to be made by the Owner pursuant to GC 6.4 – CONCEALED OR UNKNOWN CONDITIONS or any payments to be made by the Owner pursuant to GC 6.5 – DELAYS or any other payments to be made by the Owner, which, pursuant to the express provisions of the Contract, are to be paid as Additional Owner Payments.
Sample 1
Additional Owner Payments. Hospital will pay all Additional Owner Payments and the Value Added Taxes applicable to the Additional Owner Payments to Contractor on a progress payment basis in the manner and at the times contemplated by the Construction Contract. Contractor hereby irrevocably directs Hospital to make any payment in accordance with this Section 3.8 to Project Co. In the event that the Hospital receives notice from the Agent that either (i) the Lenders have financed all or any part of an Additional Owner Payment which notice shall include the explicit identification of the Change Order that has been financed by the Lender or (ii) an event of default has occurred and is continuing under the Lending Agreements (which notice, in either case, the Hospital shall have no obligation to verify and which notice, in either case, the Hospital is entitled to rely upon without further inquiry), Project Co and Contractor hereby irrevocably direct Hospital to make Additional Owner Payments to Agent, subject to the terms of the Lender’s Direct Agreement, as security inter alia for the Financing.
Sample 1
Additional Owner Payments. OIPC will pay all Additional Owner Payments to Contractor on a progress payment basis in the manner and at the times contemplated by the Construction Contract.
Sample 1
Additional Owner Payments 
Sample 1Sample 2
AutoNDA by SimpleDocs

Related to Additional Owner Payments

  • Additional Fee on Late Payments For any payments thirty (30) calendar days or more overdue under this Agreement, Registry Operator shall pay an additional fee on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law.

  • Agreement Amount The Grantee acknowledges and agrees that, notwithstanding any other provision of this Agreement, the maximum amount payable by the City under this Agreement for the initial ## month term shall not exceed the amount approved by City Council, which is $ (dollar amount), and $ (dollar amount) per ## month extension option, for a total Agreement amount of $ . Continuation of the Agreement beyond the initial ## months is specifically contingent upon the availability and allocation of funding, and authorization by City Council.

  • Single Collective Agreement a) Central terms and local terms shall together constitute a single collective agreement.

  • Mandatory Payments The Loans shall be subject to mandatory repayment or prepayment (in the case of any partial prepayment conforming to the requirements as to the amounts of partial prepayments set forth in Section 2.13(a) above), and the LC Outstandings shall be subject to cash collateralization requirements, in accordance with the following provisions:

  • Additional Payment In addition to any Spousal Support, in the event of Divorce: (check one) ☐ - There shall be No Additional Payment made by either Spouse to the other than those listed in this Agreement. ☐ - There shall be an Additional One (1) Time payment in the amount of $ made by the ☐ Husband ☐ Wife to the ☐ Husband ☐ Wife (“Additional Payment”). The Additional Payment shall be made within thirty (30) days after a divorce judgment, decree, or similar document that certifies the Divorce. ☐ - Other. .

  • Payment of Debts, Taxes, Etc The Company shall pay, or cause to be paid, all of its indebtedness and other liabilities and perform, or cause to be performed, all of its obligations in accordance with the respective terms thereof, and pay and discharge, or cause to be paid or discharged, all taxes, assessments and other governmental charges and levies imposed upon it, upon any of its assets and properties on or before the last day on which the same may be paid without penalty, as well as pay all other lawful claims (whether for services, labor, materials, supplies or otherwise) as and when due

  • Payment of GST If GST is payable on any supply made by a party (or any entity through which that Party acts) (Supplier) under or in connection with this Agreement, the recipient will pay to the Supplier an amount equal to the GST payable on the supply.

  • Additional Items The Insurer shall have received such other documents, instruments, approvals or opinions requested by the Insurer or its counsel as may be reasonably necessary to effect the Transaction, including, but not limited to, evidence satisfactory to the Insurer and its counsel that the conditions precedent, if any, in the Transaction Documents have been satisfied.

  • Additional Obligations The Company will use its best efforts to (a) register and qualify the Registrable Securities covered by a Registration Statement under such other securities or blue sky laws of such jurisdictions as each Investor who holds (or has the right to hold) Registrable Securities being offered reasonably requests, (b) prepare and file in those jurisdictions any amendments (including post-effective amendments) and supplements to such registrations and qualifications as may be necessary to maintain their effectiveness during the Registration Period, (c) take any other actions necessary to maintain such registrations and qualifications in effect at all times during the Registration Period, and (d) take any other actions reasonably necessary or advisable to qualify the Registrable Securities for sale in such jurisdictions. Notwithstanding the foregoing, the Company is not required, in connection such obligations, to (i) qualify to do business in any jurisdiction where it would not otherwise be required to qualify but for this Section 3.4, (ii) subject itself to general taxation in any such jurisdiction, (iii) file a general consent to service of process in any such jurisdiction, (iv) provide any undertakings that cause material expense or burden to the Company, or (v) make any change in its charter or bylaws, which in each case the Board of Directors of the Company determines to be contrary to the best interests of the Company and its stockholders.

  • Interest Subsidy and Special Allowance Payments and Rebate Fees The Seller shall be entitled to all Interest Subsidy Payments and Special Allowance Payments on each Additional Loan or Substituted Loan accruing up to but not including the related Subsequent Cutoff Date and shall be responsible for the payment of any rebate fees applicable to such Purchased Loans subject to the related Xxxx of Sale accruing up to but not including the related Subsequent Cutoff Date. The Purchaser and the Eligible Lender Trustee on behalf of the Purchaser shall be entitled to all Special Allowance Payments and Interest Subsidy Payments accruing from the related Subsequent Cutoff Date with respect to the Additional Loans or Substituted Loans, and shall be responsible for the payment of any rebate fees applicable to the Additional Loans accruing from the date of the related Subsequent Cutoff Date.

Time is Money Join Law Insider Premium to draft better contracts faster.