Progress Invoice definition
Examples of Progress Invoice in a sentence
Tenant shall have the right to review and approve the Progress Invoice.
Each Progress Invoice shall include retention of ten percent (10%) of the amount until Substantial Completion.
Tenant shall have a right of reasonable review and approval of the Progress Invoice.
CITY has no obligation to pay any Progress Invoice until both a Warranty of Title and Partial Releases of Lien and/or Partial Releases of Payment Bond are provided to CITY.
Tenant shall pay directly to the General Contractor the amount due pursuant to the Progress Invoice, within fifteen (15) days after Tenant's receipt of the above items.
Tenant shall pay the amount due pursuant to the Progress Invoice to the General Contractor, within fifteen (15) days after Tenant's receipt of the above items.
Client shall pay Contractor, or cause Contractor to be paid by Financing Parties, ninety-five percent (95%) of the approved amount due on or before the date which is twenty (20) days following the date Client receives such Progress Invoice (each such payment, a “Progress Payment”).
Each such Progress Invoice shall include and be accompanied by (i) the Landlord's certified statements setting forth the amount requested and the percentage of completion of each item of Additional Cost and (ii) copies of conditional and unconditional lien releases from all subcontractors and vendors as of the immediately prior Progress Invoice.
Payment Progress Payments shall be made by wire transfer to an account or accounts designated in the Progress applicable Progress Invoice.
During the course of construction of Tenant Improvements, General Contractor may deliver to Tenant not more than once each calendar month a written request for payment ("Progress Invoice") which shall include and be accompanied by General Contractor's certified statements setting forth the amount requested, certifying the percentage of completion of each item for which reimbursement is requested.