Payment on Completion definition

Payment on Completion shall bear the meaning given to such term in clause 2.3 (Sale and Purchase);
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Payment on Completion means the supply & installation for Lots No.1, “Payment on Completion” shall mean the completion of Services for Districts in one Division (Revenue Division) OR completion of Services for all Districts.
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Payment on Completion means £10 million;
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Examples of Payment on Completion in a sentence

  • The consideration for the Subscription shall be satisfied by the Subscriber by the payment of the Completion Payment on Completion by either, at the option of the Subscriber, (i) electronic transfer of immediately available funds to the Company or (ii) delivery of a cashier’s order issued by a bank licensed under the Banking Ordinance (Chapter 155 of the Laws of Hong Kong) to the Company.

Related to Payment on Completion

  • Test on Completion means such tests as prescribed in the Contract to be performed by the Contractor before the work is Taken Over by TSECL.

  • Date of Completion with respect to a Project shall mean: (i) the date upon which such Project and all components thereof have been acquired or constructed and are capable of performing the functions for which they were intended, as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; or (ii) the date on which the Issuer determines, upon the recommendation of or in consultation with the Consulting Engineer, that it cannot complete such Project in a sound and economical manner within a reasonable period of time as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; provided that in each case such certificate of the Consulting Engineer shall set forth the amount of all Costs of such Project which have theretofore been incurred, but which on the Date of Completion is or will be unpaid or unreimbursed.

  • Tests on Completion means the tests which are specified in the Contract or agreed by both Parties or instructed as a Variation, and which are carried out under Clause 9 [Tests on Completion] before the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Time of Completion means the time for completing the execution of and passing the Tests on Completion of the Works of any section or part thereof as stated in the Contract (or as extended under Clause...) calculated from the Commencement Date

  • Final Completion means acceptance of the Work by the County as evidenced by its signature upon Final Certificate of Completion and approval thereof by the Board of County Commissioners. The Final Certificate of Completion shall be signed only after the County has assured itself by tests, inspection or otherwise that all of the provisions of the Contract have been carried out to its satisfaction.