Final Completion Payment definition

Final Completion Payment means the payment (if any) specified as such in the Contract Sum Payment Chart;
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Final Completion Payment has the meaning set forth in Section 3.3(e).
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Final Completion Payment means the Milestone Payment associated with the achievement of Final Completion, which shall be equal to [***].
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Examples of Final Completion Payment in a sentence

  • Upon satisfaction of all Purchaser Closing Conditions Precedent, Purchaser will have sufficient cash on hand or other sources of, or access to, immediately available funds to enable it to pay the Contract Price , including making the Final Completion Payment and consummating the Transactions.


More Definitions of Final Completion Payment

Final Completion Payment. [BEGIN TRADE SECRET END TRADE SECRET]
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Final Completion Payment. Five (5) percent of the Contract Sum upon Owner’s execution of the Certificate of Acceptance on the Project, less any amount or amounts properly withheld by Owner in accordance with the Contract Documents, until such time, if any, that such amount or amounts may be or are required to be released in accordance with the Contract Documents.
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Related to Final Completion Payment

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Virtual Completion means the premise is in the opinion of the Employer fit for occupation.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;