Extra Payment definition

Extra Payment means any payment due Contractor for Extra Work, computed in accordance with Article

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Extra Payment means any payment due Contractor for Extra Work, computed in accordance with Article 21. "Extra Work" means any Work in addition to the Base Contract Work which is required by a Discretionary Owner Change. For the avoidance of doubt, "Extra Work" does not, in any case, include (a) development of details reasonably inferable from or implied by, but not explicit in, the Demolition Specifications; (b) the inclusion or exclusion of any item which should be included or excluded in accordance with good construction practice, whether or not shown or set forth in a drawing or specification; and (c) any matters resulting from, or attributable to, fault of Contractor or any Subcontractor.

Extra Payment has the meaning set forth in Subsection 4.15.2 hereof.

Examples of Extra Payment in a sentence

• Costs of additional labor, machinery, tools, equipment and/or materials, if any, required under this paragraph shall be borne by Contractor, at Contractor’s expense, within the Contract Price where the Work has been delayed by Contractor (as extended for Excusable Delays) or otherwise shall be borne by Owner as an Extra Payment computed in accordance with Article 21.

• Among those costs and risks are the cost and work of removing any in- ground or underground tanks and associated spillage, asbestos-containing materials, and lead-based paint, all of which are within the Contract Price (defined below) and for which Contractor will NOT receive Extra Payment or Change Orders (defined below).

• Notwithstanding the aforementioned, total sum of the First Installment, the Second Installment, the Third Installment, the Fourth Installment, the Fifth Installment and the Extra Payment cannot exceed binding offer value of USD 8.482M (eight million four hundred eighty two thousand US dollars).

• Supplementing the foregoing, Contractor acknowledges, further, that Contractor is taking the entire and exclusive risk of all site conditions, disclosed or undisclosed, foreseen or unforeseen, and will not seek Change Orders or Extra Payment (each as defined below) of any kind from Owner except for Discretionary Owner Changes and Extraordinary Conditions (as defined below).

• Notwithstanding the aforementioned, total sum of the Second Installment, the Third Installment, the Fourth Installment, the Fifth Installment and the Extra Payment cannot exceed binding offer value of USD 1.282M (one million two hundred and eight two thousand US dollars).

More Definitions of Extra Payment

Extra Payment means payment due the Company for Extra Design-Build Work, computed in accordance with subsection 6.6(B) hereof.

Extra Payment means that portion of total prepayments made during the course of the loan through liquidation or sale of secured assets.

Extra Payment has the meaning set forth in Section 2.7.5 of this Agreement.

Extra Payment means the compensation the Company is entitled for Extra Design/Build Work.

Extra Payment means any payment due Contractor for Extra Work, computed in accordance with Article 21.

Extra Payment means the payment described at section (g) in the definition for the GUC Promissory Note.

Extra Payment means any payment due Contractor for Extra Work, computed in accordance with Article 21. "Extra Work" means any Work in addition to the Base Contract Work which is required by a Discretionary Owner