Payment Area definition

Payment Area means a portion of a Work Area as specified in the Work Progress Plan which contains a specified amount of scheduled Work;
View Source

Examples of Payment Area in a sentence

  • The account shall be managed by a bank within the Single Euro Payment Area (hereinafter “SEPA”).

  • Where no Payment Areas are approved the entire Work Area shall be considered to be one Payment Area.

  • The request shall be delivered in writing to the Province, within three (3) Work Days of the Contractor receiving a copy of the payment calculation for the Payment Area in question.

  • The Province shall, following receipt of the Contractor's request for inspection and acceptance, promptly inspect and determine the acceptability of the Work performed in the Payment Area.

  • The Company shall, following receipt of the Contractor's request for inspection and acceptance, promptly inspect and determine the acceptability of the Work performed in the Payment Area.

  • The request shall be delivered in writing to the Company, within three (3) Work Days of the Contractor receiving a copy of the payment calculation for the Payment Area in question.

  • If the calculation of a payment depends upon the area completed, and if the Contractor believes the area used in calculating that payment is incorrect, the Contractor may request the Company remeasure the Payment Area.

  • The Company shall upon acceptance of the Work within a Payment Area, promptly initiate a payment.

  • The Province shall upon acceptance of the Work within a Payment Area, promptly initiate a payment.

  • If the calculation of a payment depends upon the area completed, and if the Contractor believes the area used in calculating that payment is incorrect, the Contractor may request the Province remeasure the Payment Area.