FAR Payments definition

FAR Payments means the amount of any payments due in connection with the Closing or after the date hereof under the FAR Plan in respect of FARs or otherwise (including the employer portion of any payroll, social security, unemployment or similar Tax in respect of such payments).

Examples of FAR Payments in a sentence

  • The Contracting Officer may also withhold final payment, or any part thereof, under the provisions of the clause at FAR "Payments Under Fixed-Price Construction Contracts," until the Contractor presents evidence which is satisfactory to the Contracting Officer that all proper claims which are the responsibility of the Contractor have been settled.

  • This retention of more than three times the maximum allowed by the FAR Payments clause for failure to make satisfactory progress was a material breach of the contract discharging All-State of any further obligation of performance.

  • Except for obligations that will be discharged by payment of the FAR Payments pursuant to Section 2.2(a)(4) and by payment of the Earnout Payments pursuant to Section 2.2(a)(3), and except as provided in the Limited Liability Company Agreement with respect to the Preferred Units, no Cobalt Company is subject to any obligation (contingent or otherwise) to repurchase or otherwise acquire or retire or make any payment in respect of any Equity Interests in any Cobalt Company.

  • Except for obligations that will be discharged by payment of the FAR Payments pursuant to Section 2.2(a)(4) and by payment of the Earnout Payments pursuant to Section 2.2(a)(3) , and except as provided in the Limited Liability Company Agreement with respect to the Preferred Units, no Cobalt Company is subject to any obligation (contingent or otherwise) to repurchase or otherwise acquire or retire or make any payment in respect of any Equity Interests in any Cobalt Company.

  • DECISION The FAR Payments clause of the contract provided for periodic payments as work progressed based on the agreed percentage of work completed.

  • Certification and Disclosure Regardingtasked Staff to draft FAR Payments to Influence Certain Federal Transactions atfinal rule.

  • The Government clearly limited that right with respect to the excessive withholding at issue here when it entered into the contract with paragraph (e) of the FAR Payments clause.

Related to FAR Payments

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Payments has the meaning set forth in Section 8.11.

  • Earnout Payments has the meaning specified in Section 2.7.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Reimbursement Amounts As defined in Section 3.22.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • 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.

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Progress Payments County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph

  • Termination Payments means any payment or distribution of Compensation or benefits made pursuant to Section 4.1(a)-(c) of this Agreement.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.

  • Balloon Payments means with respect to any loan constituting Indebtedness, any required principal payment of such loan which is payable at the maturity of such Indebtedness, provided, however, that the final payment of a fully amortized loan shall not constitute a Balloon Payment.

  • Bonus Payments means that portion of the bonus payments received by the

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

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

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Debit Payment means a particular transaction where a debit is made.

  • 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).

  • Aggregate Payments as defined in Section 7.2.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Delta Payment means as it is described in this Agreement.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Tax Fees means the aggregate fees billed in each of the last two fiscal years for professional services rendered by the Company’s external auditor for tax compliance, tax advice and tax planning.