Owner Payments definition

Owner Payments means Pass-Through Expenditures, the O&M Service Fee, the Mobilization Service Fee, the Demobilization Service Fee, indemnity obligations under Section 19.2 (Indemnification by Owner) or interest payable on any of the foregoing amounts pursuant to this Agreement.
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Owner Payments has the meaning set forth in Section 2.5 hereof.
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Examples of Owner Payments in a sentence

  • Unless otherwise provided in the relevant Change Order or Change Directive or in the Construction Contract, Hospital will pay all Additional Owner Payments to Contractor on a progress payment basis in the manner and at the times contemplated by the Construction Contract.

  • The Consultant will issue a certificate for payment to the Owner of Additional Owner Payments payable by the Owner in respect to the application for payment from the Contractor in the amount applied for or in such other amount as the Consultant determines to be properly due.

  • Owner agrees to pay the Additional Owner Payments as Project Co may direct in accordance with any such direction.

  • Contemporaneously, the Consultant will issue a certificate for payment to Project Co of Additional Owner Payments payable by Project Co with respect to the application for payment from Contractor in the amount applied for or in such other amount as the Consultant determines to be properly due.

  • Base Progress Payments means all progress payments to be made under GC 5.4 – PROGRESS PAYMENTS for the period from the commencement of the Work to, in the case of the Interim Work, the Interim Completion Date and with respect to the balance of the Work, the Substantial Performance Date in respect to the Guaranteed Price but not including any progress payment in respect to the Additional Owner Payments.

  • All monthly progress payments for the period following the Substantial Performance Date shall be paid by the Owner and shall be deemed to be Additional Owner Payments.

  • Contemporaneously, the Consultant will issue a certificate for payment to Project Co of Additional Owner Payments payable by Project Co with respect to the application for payment from Contractor in the amount applied for or in such other amount as the Consultant determines to be properly due, a copy of which shall be provided to Contractor and the Lender’s Consultant.

  • Unless otherwise provided in the Change Order, Change Directive or Construction Contract, Hospital will pay all Additional Owner Payments together with Value Added Taxes thereon at the applicable rate to Contractor on a progress payment basis in the manner and at the times contemplated by the Construction Contract.

  • Hospital will pay all Additional Owner Payments and the Value Added Taxes applicable to the Additional Owner Payments to Contractor on a progress payment basis in the manner and at the times contemplated by the Construction Contract.

  • For greater certainty, Section 4.6(a) of this Schedule B shall be without prejudice to any liability of the Owner to pay any outstanding Additional Owner Payments to the extent a deduction for any such amounts has been made under Section 2.1(b)(i) of this Schedule B.