ANNUAL AND AGGREGATE PROJECT SUM. Owner hereby agrees to execute sufficient Work Orders and agreements for Other Work with Contractor under this Agreement so that the Annual Project Sum shall total no less than Forty Million Dollars ($40,000,000.00) per Contract Year and the Aggregate Project Sum shall total no less than Three Hundred Twenty Five Million Dollars ($325,000,000.00) during the Term. The Annual Project Sum shall be defined as the sum of all payments due by Owner to Contractor for Work actually performed by Contractor during a Contract Year including Reimbursable Costs and Contractor's Fees for each Project (hereinafter "Annual Project Sum"
Appears in 1 contract
Sources: Master Services Agreement (Able Telcom Holding Corp)
ANNUAL AND AGGREGATE PROJECT SUM. Owner hereby agrees to execute sufficient Work Orders and agreements for Other Work with Contractor under this Agreement so that the Annual Project Sum shall total no less than Forty Fifty-Five Million Dollars ($40,000,000.0055,000,000.00) per Contract Year and the Aggregate Project Sum shall total no less than Three Hundred Twenty Five Ninety Million Dollars ($325,000,000.00390,000,000.00) during the Term. The Annual Project Sum shall be defined as the sum of all payments due by Owner to Contractor for Work actually performed by Contractor during a Contract Year including Reimbursable Costs and Contractor's Fees for each Project (hereinafter "Annual Project Sum"
Appears in 1 contract
Sources: Master Services Agreement (Able Telcom Holding Corp)