Lump Sum. The Change Order cost is determined by mutual agreement as a lump sum amount changing the Contract Sum allowed for completion of the Work. The Change Order shall be substantiated by documentation itemizing the estimated quantities and costs of all labor, materials and equipment required as well as any xxxx-up used. The price change shall include the cost percent allowed for the Contractor's overhead and profit and, if eligible, Time Dependent Overhead Costs.
Lump Sum. If this contract is designated as a Lump Sum contract on page 1 following completion of the work Consultant shall submit a single invoice containing the beginning and ending dates of the billing period and the total contract amount. City shall make a single payment, based on such invoice, for satisfactory completion of the Scope of Work.
Lump Sum. The third option available through Section V requires that the entire loaned amount as well as any interest charged will be paid in full to the Lender in one “Lump Sum.” This statement will also consider the “Due Date” named in the previous section as the calendar date when the entire dollar amount of the loan including any owed interest must be successfully submitted to the Lender. Keep in mind that a prepayment would be subject to any applicable penalties set through this agreement. (14)
Lump Sum. See Section 6.03(A)(3).
Lump Sum. The Borrower shall repay the Borrowed Money as a lump sum, in full, in the amount of $[AMOUNT] (principal and interest) by [DATE] (“Due Date”). ☐ - INSTALLMENTS. Borrower shall pay principal and interest installment amounts equal to $[AMOUNT] with the first (1st) payment due on [DATE] and the remaining payments to be paid: (check one) ☐ - Weekly with any remaining balance payable on [DATE] (“Due Date”). ☐ - Monthly with any remaining balance payable on [DATE] (“Due Date”). ☐ - Quarterly with any remaining balance payable on [DATE] (“Due Date”). Hereinafter known as the “Repayment Period.” PAYMENT IS DUE. Any payment made by the Borrower is considered late if made more than [#] day(s) after any payment due date (“Payment Due Date”). This shall include, but not be limited to, any payment made related to the Repayment Period, the Due Date, or any other payment mentioned in this Note.
Lump Sum. Aggregate or total price to construct the project per the Contract Documents. See definition of Contract Documents. Modification. A Modification is (a) a written Amendment to the Contract signed by both parties, (b) a written Change Order signed by both parties (c) a written Field Order or, (d) a Unilateral Change Order issued by the County. -N-