Clause 50 definition

Clause 50. The contractor shall, on submitting the ▇▇▇▇ be entitled to receive a monthly payment proportionate to the part thereof then approved and passed by the Engineer Incharge, subject to the condition laid down in item (i) of the Memorandum, whose certificate of such approval and passing of the sum so payable, shall be final and conclusive against the contractor. But all such intermediate payments shall be regarded as payment by way of advance against the final payment only, and not as payment for work actually done and completed and shall not preclude the requiring of bad, unsound, imperfect or unskillful work to be removed and taken away and reconstructed, or re-erected or be considered as an admission of the due performance of the contract or any part thereof in any respect, or the accruing of any claim nor shall it conclude, determine, or affect in any way the power of Engineer Incharge, under these conditions or any of them as to the final settlement and adjustment of the accounts or otherwise, or in any other way vary or affect the contract. Clause 51: The final ▇▇▇▇ shall be submitted by the contractor within one month of the date fixed for completion of the works, otherwise the Engineer Incharge certificate of the measurement and of the total amounts payable for the works accordingly, shall be final and binding on all parties. Clause 52: The department may refuse or suspend payment on account of a work when executed by a firm, or by a contract described in their tender as a firm, unless receipts are signed by all the partners, or one of the partners or some other person producing Power‟ of Attorney enabling him to give actual receipts on behalf of the firm. Clause 53: All sums payable by way of compensation under any of these conditions shall be considered as reasonable compensation to be applied to use of the PWWB, without reference to the actual loss or damage sustained and whether or not nay damage shall have been sustained.
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Examples of Clause 50 in a sentence

  • Clauses 3.2.2, 3.3, 3.5 and 3.6 are amended Clause 3.2.3 is added Fixed: Value related: Time related: C A4.0 DESIGN RESPONSIBILITY Clause 4.0 Clause 4.1 is amended Fixed: Value related: Time related: D A5.0 EMPLOYER’S AGENTS Clause 5.0 Clause 5.1 is amended.

  • If the payment is delayed beyond 30 days from the due date of payment, Lessor shall present the LC established by Lessee as per the Clause 5.0, in the Bank to draw the amount.

  • The provisions of Clause 42 – Camping Allowance, Clause 44 – Disturbance Allowance, Clause 48 – Property Allowance, Clause 50 – Relieving Allowance, Clause 51 – Removal Allowance, Clause 53 – Transfer Allowance, Clause 54 – Travelling Allowance, Clause 55 – Weekend Absence From Residence, Schedule C – Camping Allowance and Schedule I – Travelling, Transfer and Relieving Allowance of the Public Service Award 1992 will apply as they exist at the date of registration of this Agreement.

  • Item 5 Clause 5.0 - Employer's agents F:.............................

  • The Contractor must put in place and at all times maintain managerial and operational practices, systems and procedures to ensure that it complies with the requirements of this Clause 50.

  • Where necessary to protect any confidential information of either Party which is to be disclosed to the other Party in relation to this Co-operation Agreement, the Parties (acting in a reasonable manner and in good faith) shall enter into a binding non-disclosure agreement on reasonable terms which provide substantially equivalent protection to the disclosing Party as the protections under Clause 50 of the DCC Contracts in relation to the Contractor's Confidential Information.

  • Where the CLIENT terminates the Contract under Clause 56 (Break), (subject to Clause 50), the CLIENT shall indemnify the SERVICE PROVIDER against any commitments, liabilities or expenditure which would otherwise represent an unavoidable loss by the SERVICE PROVIDER by reason of the termination of the Contract, provided that the SERVICE PROVIDER takes all reasonable steps to mitigate such loss.

  • Subject to Clause 52 , the discharge by the NDoT of its payment obligation in terms of this Clause 50, shall be in full and final settlement of all the Private Party’s claims and rights against the Department and all NUDs for breaches and/or termination of this Agreement and the Project Documents whether under contract, delict or otherwise, save for any liability of the Department which arose prior to the Termination Date.

  • The records referred to in Clause 50 shall be endorsed by the Directors and presented to the Executive Committee no less frequently than quarterly.

  • If the payment is delayed beyond 30 days from the due date of payment, Lessor shall present the LC, established by Lessee as per the Clause 5.0, in the Bank to draw the amount.