Progress Payments definition

Progress Payments. County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph 5.2.1 below. (Payment pursuant to this Contract shall be made as earned, in whole or in part, from available County funds in an amount not to exceed the contract amount.) 5.2.1 Prior to Contract Completion, unless terminated prior to Completion, progress payments shall occur in an amount equal to:
Progress Payments as used in this clause, means payments made before completion of work in progress under a job order.
Progress Payments means those payments which are not associated with milestone events, as described in Attachment 3.

Examples of Progress Payments in a sentence

  • Provided that Tenant submits written invoices to Landlord at least thirty (30) days in advance for each monthly Progress Payment, Progress Payments shall be paid by Landlord to Tenant accordingly.

  • DEFCON 035 (Edn 06/21) - Progress Payments DEFCON 076 (SC2) (Edn 11/22) - Contractor's Personnel at Government Establishments DEFCON 127 (Edn.

  • Upon expiration of the Term, and within ten (10) calendar days following ▇▇▇▇▇▇’s delivery of the final annual financial report at the end of the Term contemplated under Section 5.7 of this Agreement, Landlord and Tenant shall conduct a reconciliation (the “Reconciliation”) with respect to the Progress Payments paid to Tenant by Landlord and the actual Facility Operating Expenses paid by Tenant in operating the Facility.

  • In consultation with the District and the construction manager, the Architect shall assist in the development and implementation of procedures, forms and documents for the submittal, review, processing and disbursement of Progress Payments to the Project contractor(s).

  • If Landlord’s non-payment of the Progress Payment would cause Tenant to fail to comply with the Criteria or be unable to make timely payments under the Lease, withholding of such Progress Payment and any previously withheld Progress Payments may be deferred by Landlord at Landlord’s discretion.


More Definitions of Progress Payments

Progress Payments means payments for work in place and materials or equipment that have been delivered or are stockpiled in the vicinity of the construction site. This includes payments for undelivered, specifically manufactured equipment if: (1) designated in the specifications, (2) could not be readily utilized or diverted to another job, and (3) a fabrication period of more than 6 months is anticipated.
Progress Payments means the payments that become due to the Contractor under Section 9.1 in relation to the Provincial Funding;
Progress Payments means payments for work in place and materials or equipment that have been delivered or are stockpiled in the vicinity of the construction site. This includes payments for undelivered specifically manufactured equipment if: (1) designated in the specifications, (2) could not be readily utilized or diverted to another job, and (3) a fabrication period of more than 6 months is anticipated.
Progress Payments. Progress payments are unearned cash flow payments authorized and paid at selected training and contract performance benchmarks. Progress payments may be paid after a trainee is enrolled and has completed 8 hours of training (P1), after a trainee has completed training (P2) and when a trainee is placed in qualifying employment with an eligible employer (P3) [New Hire participants only]. Progress payments may not exceed 75% of the cost per trainee based on the hours of training documented at completion of training. Progress payments are not considered earned until the completion of all contract performance requirements and reconciliation of payments at the Fiscal Closeout of the Agreement.
Progress Payments means payments to reimburse the Sub-Agreement Holder for Eligible Expenditures after they have been incurred,
Progress Payments. Owner shall make monthly progress payments on account of the Contract Price and as provided in the Contract Documents. All progress payments will be on the basis of the progress of the Work. Owner shall have the right to request and inspect supporting documentation for progress payments, including but not limited to receipts and invoices evidencing payments of charges associated with the Work.
Progress Payments. ’ means payments provided for