Project Payments definition
Examples of Project Payments in a sentence
Buyer shall have the right to offset such expenses against all Project Payments (for the subject Project or any other Project) currently held in or subsequently deposited to the Escrow Account.
Thirty-Three percent (33%) of the total Project Payments stated in the PFSA shall be paid by Client to i-Showcase upon Client’s execution of this Agreement and the related PFSA.
The Parties agree that Project Payments will be paid to the KNC unless another entity is designated under subsection (8).
All maintenance and technical support not otherwise included within the definition of Project Payments, Service Payments or License Fee Payments defined in this Agreement or the PFSA are subject to regular Design or Engineering charges as set forth in the PFSA unless otherwise agreed upon in writing by the parties.
For example and not by way of limitation, if i-Showcase has worked X hours toward a project, Client must pay for X hours multiplied by the proper rate (design/engineering) less the sum of all Project Payments made by Client toward the Project (excluding License Fee Payments).
The amount due from Client to i-Showcase shall be calculated as follows: if i-Showcase has worked X hours toward the Project and if Client decides to cancel the Agreement for any reason other than breach of contract by i-Showcase, Client shall then be required to pay for X hours multiplied by the proper rate (Design/Engineering) less the sum of all Project Payments made by Client toward the Project (excluding License Fee Payments).
The remaining Project Payments due by Client to i-Showcase under this Agreement, and the related due dates of such payments, are set forth in the PFSA.
The Ktunaxa Parties acknowledge that forest revenues received by the Province fluctuate and that the Project Payments under this Project Appendix will vary over time.
For clarity, ▇▇▇▇▇▇▇▇ Lake Indian Band may use all, or a portion of, Project Payments received in any given year to pursue initiatives in that' year, or may hold such payments for initiatives in future years.
Project Payments are calculated to the nearest single unit of the Contract Currency.