Construction Payments definition

Construction Payments has the meaning given in clause 91.9.2
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Construction Payments has the meaning set out in Schedule 8 [Payments];
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Construction Payments means the Progress Payments with respect to each Vessel or any other amounts due under the Assigned Construction Contract.
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Examples of Construction Payments in a sentence

  • Code Ch. 162, concerning Construction Payments, Loan Receipts, and Misapplication of Trust Funds.

  • All payments to CMR shall be subject to the provisions of the Texas Property Code, Chapter 162, concerning Construction Payments, Loan Receipts, and Misapplication of Trust Funds.

  • Within ten (10) calendar days of receiving a complete Application, Landlord will pay to Tenant the amount requested by Tenant in such Application (each such payment, a “Construction Payment”), provided that the aggregate amount of the Construction Payments does not exceed the Construction Contribution Amount.

  • Step 6 – Construction Payments If the project is new construction or if the project is sizable (lasting more than 2-3 months) the contractor will demand that they are paid overtime or at certain “checkpoints”.

  • Other than the Construction Payments paid to Tenant in accordance with the terms and conditions of this Agreement, Tenant shall not be entitled to receive any payments, reimbursements or other compensation in connection with the performance of its duties, responsibilities and obligations under this Agreement.

  • The interest amount shall be deducted along with the Mobilization Advance from the Construction Payments.

  • Any Invoice raised by the Concessionaire for the Construction Payments shall be accompanied by a copy of the relevant Milestone Completion Certificate issued by the Jal ▇▇▇▇▇.

  • However, the Concessionaire may, at its discretion, progressively reduce the value of the relevant Mobilization Advance Guarantee by the amount of the Mobilization Advance adjusted against each of the 4 instalments of the Construction Payments, in accordance with Clause 9.3(d).

  • Construction Payments means the payments to be made to the Concessionaire during the Tolly’s Nallah Construction Period, upon satisfactory completion of the relevant Tolly’s Nallah Payment Milestones, which shall, in aggregate, be equivalent to 40% of the Tolly’s Nallah Bid Project Cost, as adjusted from time to time to reflect the variation in the Construction Price Index.

  • The Escrow Agreement shall set out the terms of appointment of the Escrow Bank, NMCG's obligation to deposit the Construction Payments and the O&M Payments in accordance with this agreement with the Escrow Bank and terms of withdrawal of amounts from the Escrow Account.


More Definitions of Construction Payments

Construction Payments means payments from the Authority to Project Co during the Construction Period pursuant to Schedule 8 [Payments] of the Project Agreement;
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Construction Payments means the payments to be made to the Concessionaire Construction Period has the meaning ascribed to it in Clause 7.1. Construction Plan means the detailed construction plan for the Facilities and Construction Price Index shall comprise:
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Related to Construction Payments

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.