Provision for Payment Sample Clauses

Provision for Payment. (a) When eligible for retirement under the WFPP, an Eligible Member shall be entitled to a Retiring Allowance upon retirement in a lump sum subject to the following provisions:
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Provision for Payment. The STATE shall pay to the CONSULTANT, and the CONSULTANT agrees to accept as full compensation for his services under this Agreement: Item I Specific Hourly (fully loaded rates) Salary Rates of pay shown in EXHIBIT "A" and “B” for employees assigned to this PROJECT. The Specific Hourly rates and all components of those rates including the number of hours charged are subject to audit. The State may authorize additional titles to be added to the Specific Hourly Rate Table during the term of the Agreement and evidenced by a revised salary schedule. The Specific Hourly Rates for any additional titles shall be computed in a manner consistent with the computation of the initial Specific Hourly Rates.
Provision for Payment. The STATE shall pay to the CONSULTANT, and the CONSULTANT agrees to accept as full compensation for his services under this agreement: Item I Specific Hourly rates of pay shown in EXHIBIT "B-1" for employees assigned to this PROJECT. The Specific Hourly rates are not subject to audit, however, the number of hours charged is subject to audit. If the AGREEMENT is extended beyond (end date in Article 4) , then the Specific Hourly Rates of pay shown in EXHIBIT “B-1” will be increased annually by the higher of either the percent change for the Producer Price Index – Architectural, Engineering and Related Services (Series ID: PCU5413--5413--) for the most recent 12 month period as calculated by the U.S. Department of Labor - Bureau of Labor Statistics, or 3%.
Provision for Payment. A. Pre-Construction Phase Services For satisfactory performance of all Pre-Construction Phase Services pursuant to Appendix "A", the OWNER shall pay, and the CM agrees to accept, as full compensation, the following:
Provision for Payment. A) The Stipend will be paid by NYSDOT to the Proposer only under the circumstances specified in this Article 4. The Proposer will not be entitled to payment of any Stipend Amount if the Proposal fails to:
Provision for Payment. (a) Provision for the payment of Bonds shall be deemed to have been made when the Trustee holds in the Bond Fund (1) cash in an amount sufficient to make all payments (including principal, premium, if any, interest and tender purchase price payments, if any, with respect to the Bonds) specified in Section 10.01, or (2) noncallable, direct obligations issued by the United States of America, maturing on or before the date or dates when the payments specified above shall become due, the principal amount of which and the interest thereon, when due, is or will be, in the aggregate, sufficient without reinvestment to make all such payments, or (3) any combination of cash and such obligations the amounts of which and interest thereon, when due, are or will be, in the aggregate, sufficient without reinvestment to make all such payments; provided that (i) such amount on deposit shall be deemed sufficient only if (A) while the Bonds bear interest at a Weekly Rate, it provides for payment of interest at the Maximum Rate and the Issuer shall have surrendered any power hereunder to thereafter change the Maximum Rate, or (B) while the Bonds bear interest at a Term Rate, it provides for payment of interest at such Term Rate and the Bonds have been irrevocably called or designated for redemption in accordance with Subsection 10.02(c) on or before the Term Rate Period End Interest Payment Date of the Term Period for which such Term Rate has been set, (ii) the Trustee shall have received an opinion of Bond Counsel to the effect that a deposit of obligations described in clause (2) or (3) above does not adversely affect the exclusion from gross income for federal income tax purposes of the interest on any of the Bonds or cause any of the Bonds to be classified as "arbitrage bonds" within the meaning of Section 148 of the Code, and (iii) provision for payment of Bonds shall be deemed to be made only if (A) the Trustee holds in the Bond Fund cash constituting Available Moneys and/or such obligations purchased with Available Moneys for payment of such Bonds pursuant to Section 5.04 in amounts sufficient to make all payments specified above with respect to such Bonds, as verified by an accountant's certification in form and by an accountant acceptable to the Trustee and the Rating Service (if any), and (B) in the case of Bonds in the Weekly Mode, the Bonds have been called for redemption on a date not more than 60 days from the date provision for payment is being made pursuant t...
Provision for Payment. Item IThe State shall pay to the CONSULTANT and the CONSULTANT agrees to accept as full compensation for its services under this CONTRACT payments per the fixed milestone schedule payment schedules in each Task Assignment approved under this CONTRACT.
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Provision for Payment. The STATE shall pay to the CONSULTANT, and the CONSULTANT agrees to accept as full compensation for services provided under this agreement: Item I Specific Hourly rates of pay shown in SCHEDULE B (EXHIBIT __) for employees assigned to this PROJECT. The Specific Hourly rates are not subject to audit, however, the number of hours charged is subject to audit. If the AGREEMENT is extended beyond (end date in Article 4) , then all of the Specific Hourly Rates of pay shown in EXHIBIT ___ for the most recent year will apply.
Provision for Payment. The STATE shall pay to the CONSULTANT, and the CONSULTANT agrees to accept as full compensation for services provided under this agreement: Item I All-Inclusive monthly fee, as shown in SCHEDULE B for all anticipated labor, services supplies and parts to operate and manage the wastewater treatment plants and water treatment plants. If the AGREEMENT is extended beyond (end date in Article 4) , then the monthly fee shown in EXHIBIT is eligible for rate adjustment. It may be increased annually by the lower of either the percent change for the Producer Price Index – Architectural, Engineering and Related Services (Series ID: PCU5413--5413--) for the most recent 12 month period as calculated by the U.S. Department of Labor - Bureau of Labor Statistics, or 1.5%, subject to current market conditions. If at any time the above Index Series ID is discontinued or becomes unavailable, the STATE reserves the right to implement a comparable Index. Item II Start-Up Costs that are not part of the monthly fee but are for one-time mobilization.shall be paid per Schedule B. Item III Unanticipated Expenses: When the Department negotiates the contract, it will add a budget for unforeseen expenses (subject to NYSDOT’s review and approval) that occur during the course of the contract. Items purchased under this PROJECT shall become the property of the STATE at the completion of the work, or at the option of the STATE, appropriate value shall be established as a credit to the STATE.
Provision for Payment. DASNY will compensate the CONSULTANT the CONSULTANT Contract Price for all Required Services and Extra Services if necessary. The CONSULTANT Contract Price shall be the total of all Engagement Letters issued under this Contract for Professional Services. Compensation for each item of service shall be established on a Lump Sum (LS) or Actual Expense (AE) basis, not to exceed the total amount of each Engagement Letter. Each Engagement Letter shall contain a detailed listing of the specific services to be performed.
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