Mobilization Advance definition

Mobilization Advance means advance payment of three months in lieu of services to be provided in future after submission of bank guarantee duly valid till the clearance of the advance payment in subsequent invoices.
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Mobilization Advance means an amount equivalent to 10% of the Bid Project Cost for Garden Reach Facilities, Tolly‟s Nallah Facilities, that is to be paid in advance to the Concessionaire for mobilization and execution of the construction works in accordance with Article 9.3(d). Mobilization Advance Guarantee Means Mobilisation Advance Guarantee for Garden Reach Facilities and/or Tolly‟s Nallah Facilities, as the context may require. It has the meaning ascribed to it in Article 5.21. MoWR means the Ministry of Water Resources, River Development and Ganga Rejuvenation, GoI.
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Mobilization Advance means the amount specified in the Payment Schedule that is paid by way of advance by PUBLIC WORKS DEPARTMENT to the Contractor pursuant to Clause 23.
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Examples of Mobilization Advance in a sentence

  • NOTE: The instruments as listed above will also be acceptable for Guarantees in case of Mobilization Advance.

  • Bank Guarantee (B.G.) for Advance payment, Mobilization Advance, B.G. for security Deposit-cum- Performance Guarantee, Earnest Money should be executed on the Non- Judicial Stamp paper of the applicable value and to be purchased in the name of the Bank.2. The Executor (Bank authorities) may mention the Power of Attorney No. and date of execution in his/her favour with authorization to sign the documents.

  • The instruments as listed above will also be acceptable for Guarantees in case of Mobilization Advance.

  • Dovre Group adopted a simplified approach to deployment, setting the starting date for existing contracts as January 1, 2019.

  • Note - The instruments as listed above will also be acceptable for Guarantees in case of Mobilization Advance.

  • Mobilization Advance shall be paid only on signing of agreement and establishment of site office by bidder.

  • Neither any Mobilization Advance nor any Secured Advance will be allowed.

  • However, if the Contract is terminated due to default of the Contractor, the Mobilization Advance and the Equipment Advance shall be deemed to be an interest bearing advance at the base rate of the State Bank of India, as application on the date of such advance payment.

  • The JREDA will not provide Mobilization Advance and Advance against the security of equipment as provided in Part I - General Conditions of Contract.

  • The Employer will provide Mobilization Advance and Advance against the security of equipment as provided in Part I General Conditions of Contract.


More Definitions of Mobilization Advance

Mobilization Advance means the Farrukhabad Mobilization Advance and/or the Fatehgarh Mobilization Advance, as the case may be.
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Mobilization Advance means the initial advance payable by KDA to the Contractor to the extent specified in Article 10;
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Mobilization Advance means the initial advance payable by PWD to the Contractor to the extent specified in Serial No 2A of Schedule 3. 4
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Mobilization Advance means the Jagjeetpur Mobilization Advance and/or the Sarai Mobilization Advance, as the case may be. Mobilization Advance Guarantee means the Jagjeetpur Mobilization Advance Guarantee and/or the Sarai Mobilization Advance Guarantee, as the case may be, and the term Mobilization Advance Guarantees shall be construed accordingly. MoWR means the Ministry of Water Resources, River Development and Ganga Rejuvenation, GoI.
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Mobilization Advance means an amount equivalent to 10% of the Sarai Bid Project Cost that is to be paid in advance to the Concessionaire for mobilization and execution of the construction works for the Sarai Facilities in accordance with Clause 9.3(d). Sarai Mobilization Advance Guarantee has the meaning ascribed to it in Clause 5.16. Sarai O&M Charges means the amount required by the Concessionaire per quarter to operate and maintain the Sarai Facilities, excluding the Power Charges, during the O&M Period. The O&M Charges for the first quarter after the COD will be determined on the basis of the O&M Charges quoted by the Selected Bidder (in the Financial Proposal) for the first month from the COD which amount shall then be adjusted to reflect the variation in the O&M Price Index. Sarai O&M Security has the meaning ascribed to it in Clause 5.4.
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Mobilization Advance means an amount equivalent to 10% of the Bid Project Cost that is to be paid in advance to the Concessionaire for mobilization and execution of the construction and rehabilitation works for the Facilities and the Associated Infrastructure in accordance with Clause 9.3(d). Mobilization Advance Guarantee has the meaning ascribed to in Clause 5.16. MoWR means the Ministry of Water Resources, River Development and Ganga Rejuvenation.
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Related to Mobilization Advance

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • ‘Preparation Advance’ means the advance referred to in the Financing Agreement and repayable in accordance with Section 2.07.”

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Project Preparation Advance is modified to read “Preparation Advance” and its definition is modified to read as follows:

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Cash Advance means the amount requested by you and advanced to you by any method approved by us according to the terms of this Agreement in cash or cash equivalent items (including, but not limited to, money orders, travelers checks, lottery tickets, casino chips, vouchers redeemable for cash, or racetrack xxxxxx).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Equipment Advance is defined in Section 2.1.1.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Final Advance means an Advance made pursuant to Section 2.02(d).

  • Special Termination Advance means an Advance made pursuant to Section 2.02(g).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Program Preparation Advance (renamed as such pursuant to subparagraph 8 (c) above) is modified to read “Preparation Advance” and its definition is modified to read as follows:

  • Revolving Advance has the meaning given in Section 2.1.

  • Interest Drawing has the meaning assigned to such term in Section 3.6(a).

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Initial Advance means the first Advance made pursuant to Article II.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).