Phased Payments Sample Clauses

Phased Payments. Payments for Basic Services shall be paid out pursuant to the project phasing specified in Exhibit A and in accordance with the percentage amount set forth below. The retainage amount set forth in Section 5.5 shall be applied to the percentage amount for each phase stated herein. Project Phase Fee % Fee Amount/Phase Predesign Services/Programming Phase % $ Phase I: Schematic Design % $ Phase II: Design Development % $ Phase III: Construction Documents % $ Phase IV: GMP Negotiations % $ Phase V: Administration of the Construction Contract % $ Phase VI: Warranty Administration and Post-Occupancy Services % $ Total Basic Services Fee 100% $
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Phased Payments. Payments for Basic Services shall be paid out pursuant to the Project phasing specified in Exhibit A and shall not exceed the amount set forth below for the applicable phase. The invoiced fee amount for each phase shall be subject to retainage as set forth in Section 5.5.
Sample 1
Phased Payments. Payments for Services shall be paid out in accordance with the project’s phasing specified in the Work Authorization and shall not exceed the amount set forth in the Work Authorization. The invoiced fee amount for each phase will be subject to retainage as set forth in Section 6.5.
Sample 1
Phased Payments. Payments for Basic Services shall be made pursuant to the project phasing specified in Exhibit A and in accordance with the percentage amount set forth below. The retainage amount set forth in Section 5.5 shall be applied to the percentage amount for each phase stated herein. Exhibit A.1 - Scope of Services For Project Concept Development & Schematic Design Project Phase Fee % Fee Amount/Phase Programming Phase 13.2% $385,728 Conceptual Design Phase 12.1% $354,099 Schematic Design Phase 74.7% $2,189,094 Total Lump Sum Fee 100% $2,928,922 Exhibit A.2 - Scope of Services For Enabling Project Site Investigation & Documentation Project Phase Fee % Fee Amount/Phase Site Investigation 45.3% $720,245 Programming, Conceptual & SD 3.6% $57,166 DRC Submittal 37.1% $590,579 Traffic Study 14.0% $222,061 Total Lump Sum Fee 100% $1,590,051 Exhibit A.2 - Scope of Services For Enabling Project No. 1, Central Energy Plant Design Project Phase Fee % Fee Amount/Phase Project Development Conference 0.0% $0 Schematic Design Phase 100.0% $467,868 Total Lump Sum Fee 100% $467,868 Exhibit A.2 - Scope of Services For Enabling Project No. 2, Parking Facility Modifications Project Phase Fee % Fee Amount/Phase Project Development Conference 0.0% $0 Schematic Design Phase 100.0% $547,538 Total Lump Sum Fee 100% $547,538 Exhibit A.2 - Scope of Services For Enabling Project Xx. 0, 00xx Xxxxxx Modifications Project Phase Fee % Fee Amount/Phase Project Development Conference 0.0% $0 Schematic Design Phase 100.0% $97,424 Total Lump Sum Fee 100% $97,424 Exhibit A.4 - Scope of Services For Schematic Design of Headquarters Hotel Project Phase Fee % Fee Amount/Phase Schematic Design Phase 100.0% $3,406,941 Total Lump Sum Fee 100% $3,406,941 Exhibit A.5 - Scope of Services For Design Continuation Project Phase Fee % Fee Amount/Phase 100.0% $16,577,455 Design Development Phase Total Lump Sum Fee 100% $16,577,455
Sample 1
Phased Payments. Payments for Services shall be paid out pursuant to the project phasing specified in Exhibit A and in accordance with the percentage amount set forth below. The retainage amount set forth in Section 5.5 shall be applied to the percentage amount for each task stated herein. Project Task Fee % Fee Amount/Task Task 1: Project Kick off and Schedule Development 2.04% $14,628 Task 2: Initial Data Collection and Review 6.29% $45,124 Task 3: Community Stakeholder Meeting Support 6.66% $47,756 Task 4: Supplemental Data Collection Based on Stakeholder Meetings 14.51% $104,012 Task 5: Develop ArcGIS Tool - MODFLOW Groundwater Output to XXXX-SHE Boundary Conditions 2.44% $17,528 Task 6: Update Current Conditions XXXX- SHE/XXXX 11 Model 25.70% $184,264 Task 7: Develop Future Conditions XXXX- SHE/XXXX 11 Model Input 11.12% $79,722 Task 8: Future Model Execution and Results Processing 8.03% $57,536 Task 9: Develop ArcGIS Tool - Coastal Zone A Model Results Integration with XXXX-SHE 6.58% $47,156 Task 10: Develop ArcGIS Tool - Generate Future 100-year Flood Contour Map 4.6% $32,952 Task 11: CRS Evaluation and Recommendations 2.69% $19,308 Task 12: Presentation of Results to County and Stakeholders 2.4% $17,196 Task 13: Prepare and Submit Draft Summary Report 2.85% $20,400 Task 14: Prepare and Submit Final Summary Report 1.57% $11,280 Task 15: Project Management 2.52% $18,032 Total Services Fee 100% $716,894 5.1.5 The dollar limitation set forth in Section 5.1 is a limitation upon, and describes the maximum extent of, County's obligation to pay Consultant, but does not constitute a limitation, of any sort, upon Consultant's obligation to incur such expenses in the performance of services hereunder.
Sample 1

Related to Phased Payments

  • Delayed Payments The Parties hereto agree that payments due from one Party to the other Party under the provisions of this Agreement shall be made within the period set forth therein, and if no such period is specified, within 30 (thirty) days of receiving a demand along with the necessary particulars. Unless otherwise specified in this Agreement, in the event of delay beyond such period, the defaulting Party shall pay interest for the period of delay calculated at a rate equal to 5% (five per cent) above the Bank Rate, and recovery thereof shall be without prejudice to the rights of the Parties under this Agreement including Termination thereof.

  • Refused Payments We reserve the right to refuse to pay any Receiver. We will attempt to notify the Sender promptly if we decide to refuse to pay a Receiver designated by the Sender. This notification is not required if you attempt to make a prohibited payment under this Agreement.

  • Permitted Payments Hedging Liabilities

  • Interim Payments Interim payments are intended to reimburse the beneficiary for expenditure on the basis of a detailed statement of the costs incurred, once the action has reached a certain level of completion. It may clear all or part of any pre-financing. By the appropriate deadline indicated in Article I.5, the beneficiary shall submit a request for interim payment accompanied by the following documents: - an interim report on implementation of the action; - an interim financial statement of the eligible costs actually incurred, following the structure of the estimated budget; - where required by the provisions of Article I.4 on interim payment, a certificate on the action's financial statements and underlying accounts, produced by an approved auditor or, in case of public bodies, by a competent and independent public officer. The certificate shall certify, in accordance with a methodology approved by the Commission, that the costs declared by the beneficiary in the financial statements on which the request of payment is based are real, accurately recorded and eligible and that all receipts have been declared, in accordance with the agreement. The documents accompanying the request for payment shall be drawn up in accordance with the relevant provisions in Article I.5 and the annexes. The beneficiary shall certify that the information provided in his request for payment is full, reliable and true. He shall also certify that the costs incurred can be considered eligible in accordance with the agreement, that all receipts have been declared, and that his request for payment is substantiated by adequate supporting documents that can be checked. On receipt of these documents, the Commission shall have the period specified in Article I.4 in order to: - approve the interim report on implementation of the action; - ask the beneficiary for supporting documents or any additional information it deems necessary to allow the approval of the report; - reject the report and ask for the submission of a new report. Failing a written reply from the Commission within the time limit for scrutiny indicated above, the report shall be deemed to have been approved. Approval of the report accompanying the request for payment shall not imply recognition of the regularity or of the authenticity, completeness and correctness of the declarations and information it contains. Requests for additional information or a new report shall be notified to the beneficiary in writing. If additional information or a new report is requested, the time limit for scrutiny shall be extended by the time it takes to obtain this information. The beneficiary shall be informed of that request and the extension of the delay for scrutiny by means of a formal document. The beneficiary shall have the period laid down in Article I.4 to submit the information or new documents requested. Extension of the delay for approval of the report may delay the payment by the equivalent time. Where a report is rejected and a new report requested, the approval procedure described in this article shall apply. In the event of renewed rejection, the Commission reserves the right to terminate the agreement by invoking Article II.11.2 (b).

  • Deferred Payments “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Estimated Payments During each calendar year or partial calendar year after the Base Year, in addition to Monthly Rent, Tenant shall pay to Landlord on the first day of each month an amount equal to one-twelfth (1/12) of the product of Tenant's Share multiplied by the "Estimated Operating Expenses" (defined below) for such calendar year. "Estimated Operating Expenses" for any calendar year means Landlord's reasonable estimate of Operating Expenses for such calendar year, less the Operating Expenses for the Base Year and shall be subject to revision according to the further provisions of this Section 5.2 and Section 5.3. During any partial calendar year, Estimated Operating Expenses shall be estimated on a full-year basis. During each December in which this Section 5.2 is applicable, or as soon after each December as practicable, Landlord shall give Tenant written notice of the Estimated Operating Expenses for the ensuing calendar year. On or before the first day of each month during the ensuing calendar year (or each month of the Term if the Term will expire before the end of the calendar year), Tenant shall pay to Landlord one-twelfth (1/12) of the product of Tenant's Share multiplied by the Estimated Operating Expenses for such calendar year; however, if such written notice is not given in December, Tenant shall continue to make monthly payments on the basis of the prior year's Estimated Operating Expenses until the month after such written notice is given, at which time Tenant shall commence making monthly payments based upon the revised Estimated Operating Expenses. In the month Tenant is first required to make a payment based upon the revised Estimated Operating Expenses, Tenant shall pay to Landlord for each month which has elapsed since December the difference between the amount payable based upon the revised Estimated Operating Expenses and the amount payable based upon the prior year's Estimated Operating Expenses. If at any time or times it reasonably appears to Landlord that the actual Operating Expenses for any calendar year will vary from the Estimated Operating Expenses for such calendar year, Landlord may, by written notice to Tenant, revise the Estimated Operating Expenses for such calendar year, and subsequent payments by Tenant in such calendar year shall be based upon such revised Estimated Operating Expenses.

  • Returned Payments If after receipt of any payment which is applied to the payment of all or any part of the Obligations (including a payment effected through exercise of a right of setoff), the Administrative Agent or any Lender is for any reason compelled to surrender such payment or proceeds to any Person because such payment or application of proceeds is invalidated, declared fraudulent, set aside, determined to be void or voidable as a preference, impermissible setoff, or a diversion of trust funds, or for any other reason (including pursuant to any settlement entered into by the Administrative Agent or such Lender in its discretion), then the Obligations or part thereof intended to be satisfied shall be revived and continued and this Agreement shall continue in full force as if such payment or proceeds had not been received by the Administrative Agent or such Lender. The provisions of this Section 2.21 shall be and remain effective notwithstanding any contrary action which may have been taken by the Administrative Agent or any Lender in reliance upon such payment or application of proceeds. The provisions of this Section 2.21 shall survive the termination of this Agreement.

  • Prohibited Payments The following types of payments are prohibited through the Service, and we have the right but not the obligation to monitor for, block, cancel and/or reverse such payments:

  • Delayed Payment Premium balances that remain unpaid for more than 30 days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -

  • Required Payments Unless otherwise provided in this Agreement, any payment of Tax required shall be due within 30 days of a Final Determination of the amount of such Tax.

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