Interim Payment Schedule definition

Interim Payment Schedule means the schedule included for each Cost Centre in the Pricing Document and accepted by the Employer to be used for interim payments in relation to achievement of milestones under that Cost Centre, as the same may be revised from time to time in accordance with Clause 11.
Interim Payment Schedule means the schedule included for each Cost Centre in the Pricing Document and accepted by the Employer to be used for interim payments in relation to achievement of milestones under that Cost Centre, as the same may be revised from time to time in accordance with Clause 11. 1.1.1.12 “Letter of Acceptance” means the formal acceptance to work by the 1.
Interim Payment Schedule means the schedule as completed by the Contractor and included in the Pricing Document to be used for the calculation of interim payments to be made in respect of each Cost Centre, subject to the other provisions of the Contract, as such schedule may be revised from time to time pursuant to Clause 66;

Examples of Interim Payment Schedule in a sentence

  • Amend Interim Payment Schedule in accordance with the Page 3 of 3 revised Schedule of Milestones IPS for Cost Centre C .

  • These two Cost Centre Values shall be certified in accordance with the Interim Payment Schedule and Milestone Schedule …… Annexes A and B to this Supplemental Agreement No.2, …… to Clause 66 of the General Conditions.

  • The Alliance Board shall establish an Interim Payment Schedule for the Core Members to fund the Alliance and the education programs.


More Definitions of Interim Payment Schedule

Interim Payment Schedule means the schedule included for each Cost Centre in the Pricing Document and accepted by the Employer to be used for interim payments in relation to achievement of milestones under that Cost Centre, as the same may be revised from time to time in accordance with Clause 11. 1.1.1.12 “Letter of Acceptance” means the formal acceptance to work by the Employer of the Tender. 1.1.1.13 “Notice to Proceed” means the notice issued by the Employer to the Contractor communicating the date on which the Works are to be commenced. 1.1.1.14 "Letter of Tender” means the document entitled letter of tender, which was completed by the Contractor and includes the signed offer to the Employer for the Works. 1.1.1.15 “Conditions of Contract on Safety & Health and Environment”“Safety, Health and Environmental (SHE) Manual” means the Employer’s manual containing the requirements and conditions to be met during the execution of the Works by the Contractor. 1.1.1.16 “Schedules” means the information and data submitted with the Tender, as included in the Contract. 1.1.1.17 “Tender” means the Contractor’s priced offer to the Employer for the designing where ever applicable, execution, manufacture, and completion of the whole of Works, testing and commissioning (including Integrated Testing and Commissioning where ever applicable) and remedying of any defects therein, as accepted by the Letter of Acceptance. 1.1.1.18 “Schedule of Milestones” means the schedule included in each Cost Centre in the Pricing Document, describing the Milestones and stipulating dates by which the Milestones are to be achieved under that Cost Centre in order to maintain interim payments by the Employer to the Contractor in accordance with the Interim Payment Schedule for that Cost Centre, as the same may be revised from time to time in accordance with the Contract. 1.1.1.19 “Schedule of Payment” means the schedule included in the Bill of Quantity for payment in various stages on part of the works. 1.1.1.20 “Special Conditions of Contract” means any special conditions of contract issued by the Employer prior to submission of the Tender or negotiated and agreed in writing by the Employer and the Contractor prior to conditional upon acceptance of the Tender. 1.1.1.21 “Works Programme” means the programme showing the sequence, method and timing of investigations, design, issue of No Objection Notices, execution, manufacture, delivery to site, erection, installation, testing, commissioning of the Works (including ...
Interim Payment Schedule means the schedule included for each Cost

Related to Interim Payment Schedule

  • Payment Schedule ’ means a schedule which sets out—

  • Final Payment Statement shall have the meaning set forth in Clause 19.13;

  • Interim Payment has the meaning specified in Section 10.1.

  • Repayment Schedule means the schedule of repayment dates as detailed in Schedule 5 (Loan Repayment Schedule), to be replaced as required in accordance with Clause 5 (Repayment) and Clause 6.9(b) (Partial prepayment of Loans).

  • Disbursement Schedule means the disbursement schedule as set out in an FAA;