Final Payment Claim definition

Final Payment Claim means the Payment Claim made pursuant to clause 13.2 (Invoices and Payments) upon the issue of the Certificate of Final Completion.
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Final Payment Claim means a payment claim given by the Developer to Council under clause 36.13.
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Final Payment Claim means a payment claim lodged by the CIDS/ODS Contractor in accordance with clause 14.11.
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Examples of Final Payment Claim in a sentence

  • Failure by the Contractor to provide with the Final Payment Claim such substantiation in respect of any event occurring before the Date of Practical Completion shall subject to Clause 23.5(2) and 23.6 bar the Contractor from advancing any claim for such an amount.

  • Insofar as substantiation of any claim has not been provided pursuant to Clause 23.3 or 23.4, the Contractor shall provide such substantiation with such a Final Payment Claim.

  • Within 10 days of the issue of a Payment Certificate or the Final Certificate and before the Principal makes that payment to the Contractor, or at any other time requested by the Principal, the Contractor shall provide a statutory declaration (in a form approved by the Principal) declaring that all workers, subcontractors and suppliers have been paid any amounts due and payable to them as at the date of the Payment Claim (or, if applicable, Final Payment Claim or Principal’s request).

  • The Final Payment Claim shall include all claims the Contractor makes against the Principal for payment under or in connection with the Contract.

  • The Final Payment Claim shall also show all adjustments which the Contractor considers should be made to the Contract Sum.

  • Within 14 days of receipt of a Final Payment Claim, the Principal shall issue to the Contractor a certificate certifying the amount which, in the Principal’s reasonable opinion is finally due from the Principal to the Contractor, or from the Contractor to the Principal arising out of this Contract ( Final Certificate).

  • Where the Principal fails to issue a Final Certificate, any claim for payment by the Contractor pursuant to the Final Payment Claim is deemed to be rejected.

  • The Final Payment Claim must include any Claim not previously included in a Payment Claim.

  • If the Principal disputes that the Consultant is entitled to the amount claimed in the Final Payment Claim, the Principal will prior to the time for payment required under the Contract, advise the Consultant of the undisputed amount.

  • The provisions relating to Interim Payments in Clause 11(b) in respect of deductions and Clause 11(c) in respect of payment also apply to the payment following the Final Payment Claim.


More Definitions of Final Payment Claim

Final Payment Claim means the final payment claim referred to in clause 57.11.
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Final Payment Claim means the final payment claim referred to in clause 15.10;
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Final Payment Claim means the final Payment Claim under the Contract made by the Service Provider under clause 12.2. Final Payment Schedule means a payment schedule containing the Final Scheduled Amount.
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Final Payment Claim means the Payment Claim given by the Contractor to the Principal in accordance with Clause 42.7.
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Related to Final Payment Claim

  • Payment Claim means the claim for payment made by the Contractor in accordance with this Contract.

  • 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 Payment Certificate means the payment certificate issued under Sub-Clause 14.13 [Issue of Final Payment Certificate].

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Earnout Amount has the meaning set forth in Section 2.5.1b).

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

  • Tax Claim has the meaning set forth in Section 6.05.

  • Claimed Amount means the amount of any Damages incurred or reasonably expected to be incurred by the Indemnified Party.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

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

  • Contingent Claim means any Claim, the liability for which attaches or is dependent upon the occurrence or happening of, or is triggered by, an event, which event has not yet occurred, happened or been triggered as of the date on which such Claim is sought to be estimated or an objection to such Claim is filed, whether or not such event is within the actual or presumed contemplation of the holder of such Claim and whether or not a relationship between the holder of such Claim and FairPoint now or hereafter exists or previously existed.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Damage Payment means the dollar amount equal to the amount to be posted as Project Development Security pursuant to Section 8.4(a)(i) hereof.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Deficiency Payment has the meaning set forth in Section 9(a).

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Interim Payment has the meaning specified in Section 10.1.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).