Stage of Completion definition

Stage of Completion means, with respect to a given residential Project, one of the following statuses of such Project: (a) sold but not yet site surveyed, (b) site surveyed but not yet designed, (c) designed but not yet permitted, or (d) permitted but not yet installed, in each case as set forth in Schedule D of the Borrowing Base Certificate most recently delivered pursuant to Section 6.02(m) for such Stage of Completion and such Sales Channel.
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Examples of Stage of Completion in a sentence

  • Baselined Adjustments will be applied to increase or decrease (as the case may be) the Interim Installment Payment corresponding to such Stage of Completion indicated on Builder’s Invoice.

  • In addition to any and all other parts of the Work shown, said Project Schedule shall indicate the dates of expected completion of each Stage of Completion task set forth in Exhibit Q.

  • Except for the first Stage of Completion, Builder shall furnish a Stage Completion Certificate for each Stage of Completion for the Vessel which shall state: (i) the stage of Work achieved; (ii) that the Work completed complies with the Contract Documents; and (iii) that, subject to payment by Owner therefor, there are no Liens upon the Vessel for labor, Materials or equipment created by Builder or any Subcontractor or Supplier.

  • Owner agrees to pay Contract Price for the Vessel to Builder in Interim Installment Payments correlating to the Stage of Completion schedule as set forth in Exhibit O.

  • Austal USA - Lighthouse Contract 21 28 Mar 2002/ Reference May 2001 std Progress Percentage of Stage of Completion Documents to be delivered by the Payment Basic Purchase Builder to the Purchaser Price 1 $135,000 On completion and signing of this Agreement by both parties.