Mobilisation Payment definition

Mobilisation Payment has the meaning given to it in paragraph 3.2 of Schedule 5 (Payment Mechanism);
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Mobilisation Payment takes the meaning given at Schedule 2 section 3.2(a)
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Mobilisation Payment means the payment as defined in Item 10 of Schedule 2.
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Examples of Mobilisation Payment in a sentence

  • The Mobilisation Payment Security is provided to secure the use of the Mobilisation Payment Amount.

  • The annual breakdown of the Grant amount is set out below: FY1 2022-2023 Mobilisation Payment: £10,796.00 Delivery Payment: £26,420.56 FY2 2023-2024 Delivery Payment: £83,974.10 FY3 2024-2025 Delivery Payment: £83,928.03 Total £205,118.69 The first payment will be paid by the 5 December 2022 and will cover Financial Year 1 (December 2022-March 2023).

  • In the event of termination or expiry of this Agreement, the Supplier shall repay to the Authority all Charges it has been paid in advance in respect of Services not provided by the Supplier (which, for the avoidance of doubt, shall include the Mobilisation Payment) as at the date of expiry or termination.

  • The annual breakdown of the Grant amount is set out below: FY1 2022-2023 Mobilisation Payment: £10,796.00 Delivery Payment: £58,425.82 FY2 2023-2024 Delivery Payment: £185,698.40 FY3 2024-2025 Delivery Payment: £185,596.53 Total £440,516.75 The first payment will be paid by the 5 December 2022 and will cover Financial Year 1 (December 2022-March 2023).

  • The annual breakdown of the Grant amount is set out below: FY1 2022-2023 Mobilisation Payment: £10,796.00 Delivery Payment: £71,177.90 FY2 2023-2024 Delivery Payment: £226,229.14 FY3 2024-2025 Delivery Payment: £226,105.03 Total £534,308.07 The first payment will be paid by the 5 December 2022 and will cover Financial Year 1 (December 2022-March 2023).


More Definitions of Mobilisation Payment

Mobilisation Payment means any payment due from the Authority to the Supplier in respect of the mobilisation and/or transition of the Services, to the extent such payment is due in accordance with Paragraph 2 of Schedule 2 (Payment Mechanism).
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Mobilisation Payment refers to a specified portion of the Upfront Payment. The Mobilisation Payment can be used for both administrative costs and ancillary works (A&A) and capital expenses each financial year that are necessary ahead of retrofitting homes with measures. This includes resourcing, procurement, specialist advice, searching for eligible homes, signing up households, validating homes, assessing homes, and agreeing a measures package in line with the PAS standards. This should constitute all A&A expenses plus some capital expenses required pre- delivery, such as PAS assessment costs. A 20% Mobilisation Payment will be paid to the Grant Recipient at the start of financial years 2023/24 and 2024/25, unless the Grant Recipient has not applied for and been awarded funding for the given financial year.
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Related to Mobilisation Payment

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • 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.

  • Facilitation Payment means any sums of unofficial payment made to secure, expedite or facilitate an ordinary governmental action, process or procedure to a Public Body.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”