Common use of Additional Owner Payments Clause in Contracts

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).

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 4.9 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).

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 TaxHST, 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, 4.9 constitutes payment by Owner to Project Co in satisfaction of Owner’s 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).