Project Payment definition

Project Payment is the money returned to an Investor. This typically (see Clause 5.4, Clause 5.6, and Clause 9.5) comprises the Investor’s Contribution plus their agreed upon share of the Income generated, via the sale of farm produce, that are in excess of the Principal of a Project.
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Project Payment means a payment made or to be made by the Province in respect of a Project in accordance with this Agreement;
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Project Payment means the amount payable by the Developer as consideration for the Project to UTDB in accordance with Article 21.
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Examples of Project Payment in a sentence

  • Project Payment Options: In order to achieve the payment goal, air districts have two project payment options.

  • To do this work they will audit a sample of Project Payment Claims each year and may visit projects to carry out their own on-site checks.

  • The Contractor’s ordinary business relations with its Subcontractors and suppliers are not part of the Project Payment Meeting’s purpose.

  • A dispute is a disagreement on terms or conditions of the Project where the Contractor’s opinion of the Project, Payment, Change Order or Request for Proposal differs from that of the District or Architect.

  • PROJECT DESCRIPTIONS The following is a description of projects for which the Housing Successor receives or holds property tax revenue pursuant to the ROPS as well as the status of the projects as of the end of the Fiscal Year: Project DescriptionsProject Name Description Status of ProjectFunding SourceBonds RPTTFYale Lofts14 units - Affordable Rental Monthly Lease ObligationHousing Project Payment XSource: Civic San Diego VIII.

  • The provisions of Clauses 5 – Boddington Project Payment, 8 – Superannuation, 21 – Annual Leave, 22 – Absence through sickness, 23 – Public Holidays, and 24 – Compassionate Leave do not accrue during Parental Leave.

  • A dispute is a disagreement on terms or conditions of the Project where the Contractor's opinion of the Project, Payment, Change Order or Request for Proposal differs from that of the Owner or Architect.

  • Approve North Alexander Trail Project Payment #7, Change Order #5 And Final Close Out Documents: 4H.

  • All Project Payment Applications and all supporting documents (including but not limited to waivers of lien and sworn statements) shall be in electronic format and shall be submitted to Contractor using the Textura™ CPM payment management system.

  • Upon obligation, initial or amendment approval, DRS generates a Small Project Payment Request.


More Definitions of Project Payment

Project Payment. A “project” for the purpose of receiving the project payment will be defined as a major task that has been recognised: - On the capital works program, and - Has been allocated its own job number, and - Is anticipated to take a minimum of two weeks to complete, and - Is situated at one location, and - Requires additional hours (TOIL) to be worked. Staff working on projects meeting this criteria and certified by the Manager City Operations will receive a payment of $31.40 per week for each week that they work on the project. • Added Responsibility Payment. Staff undertaking duties which require an added responsibility will be paid an Added Responsibility Payment of $11 per week whilst undertaking those duties requiring additional responsibility (eg Leading Worker at Thorndon Park, Golf Course, Biodiversity Team). The Project Payment and Added Responsibility Payment will be adjusted annually (first pay period in January) in accordance with the Consumer Price Index (All Groups Adelaide) increase for the 12 month period ending 30 September of each year. These payments do not apply for staff members when they are undertaking higher duty responsibilities. • Trade Payment Staff who are undertaking duties which require the use of two or more trades to complete a task for more than 1 hour each trade in any one day will be temporarily reclassified for the whole day to a Grade 6 Municipal Employee.
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Project Payment means the payments described under section 4.1 for the Natural Gas Pipeline Project, but does not include any additional payments under section 4.3; and
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Project Payment means the then current annual payment due from the Developer to the County and the CRA. All subsequent Project Payments shall be due on the anniversary of the first payment.
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Project Payment mean the 75% Working Interest participants paying 100% of the actual drilling and completion costs;
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Related to Project Payment

  • Direct Payment means a payment granted directly to farmers under a support scheme listed in Annex I;

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Project Engineer means the surveyor or engineer employed by or private

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Contract Payments has the meaning specified in the Stock Purchase Contract Agreement.

  • Payment Ahead means, with respect to a Precomputed Receivable and a Collection Period, any Excess Payment (not representing, when added to any Deferred Prepayment with respect to such Precomputed Receivable, a prepayment in full of such Precomputed Receivable) which the Servicer, in accordance with its customary servicing practices, will apply towards the payment of Scheduled Payments due in one or more future Collection Periods.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • Project Work means the work required to complete the Project.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Project Facilities means any facilities to be constructed, provided, rehabilitated, operated and/or maintained under the Project;

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • Payment Amount as defined in Section 3.5.

  • Cost of Capital Improvement Projects means the costs of acquiring, constructing, reconstructing, expanding, improving and engineering Capital Improvement Projects, and related financing costs.

  • relevant payment means either a student loan or an amount intended for the maintenance of dependants referred to in paragraph 76(7) or both.

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).