Stage Payment definition

Stage Payment means the schedule of Stage Payments set out in the Sales Order;
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Stage Payment. In relation to any Project Fee, each and any instalment amount stated in any SOW other than the Deposit and Final Payment in relation to the same Project Fee.
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Stage Payment any payment made in respect of a Milestone or on any other date in either case as identified in schedule 7.1 (Charging and Invoicing);
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Examples of Stage Payment in a sentence

  • The Stage Payment Statement shall be accompanied with the progress reports and any other supporting documents.

  • For the avoidance of doubt, in the event of submission of any Stage Payment Statement after the period specified herein, price adjustment shall be applicable until the date of the respective Project Milestone or the Scheduled Completion Date, as the case may be.

  • Price adjustment shall be due and payable only in respect of the stages of Works for which the Stage Payment Statement has been submitted by the Contractor no later than 30 (thirty) days from the date of the applicable Project Milestone or the Scheduled Completion Date, as the case may be, including any Time Extension granted therefor in accordance with the provisions of this Agreement.

  • For the avoidance of doubt, the Parties agree that the IPC shall specify all the amounts that have been deducted from the Stage Payment Statement and the reasons therefor.

  • The Contractor shall be entitled to advance payments for each stage under the Stage Payment Scheme.

  • The Contractor shall submit a monthly account statement and a detailed report on utilization of funds transferred to this project related bank account to Authority’s Engineer along with Stage Payment Statement.

  • Within 15 (fifteen) days of the receipt of the Stage Payment Statement referred to in Clause 19.4, the Authority’s Engineer shall determine and shall deliver to the Authority and the Contractor an IPC certifying the amount due and payable to the Contractor, after adjusting the payments already released to the Contractor against the said statement.

  • Within 10 (ten) days of receipt of the Stage Payment Statement from the Contractor pursuant to Clause 19.4, the Authority’s Engineer shall broadly determine the amount due to the Contractor and recommend the release of 90 (ninety) percent of the amount so determined as part payment against the Stage Payment Statement, pending issue of the Interim Payment Certificate by the Authority’s Engineer.

  • For the avoidance of doubt, in the event of submission of any Stage Payment Statement after the period specified herein, price adjustment shall be applicable only until the date of the respective Project Milestone or the Scheduled Completion Date, as the case may be.

  • Please see paragraph (4)(iii)(h) and paragraph (4)(iii)(i) for the details of that arrangement.(C6) （並無此編號之支付條款）( No Terms of Payment of such numbering） (C7) 2 年無憂回報補貼建築期付款計劃 2 -Year Hassle-free Cash-Return Subsidy Stage Payment Plan (照售價減 1.5%) (1.5% discount from the price) (1) 買方須於簽署臨時合約時繳付相等於成交金額 5% 作為臨時訂金。買方須於簽署臨時合約後 5 個工作日內簽署正式合約。The purchaser shall pay the preliminary deposit equivalent to 5% of the transaction price upon signing of the PASP.

Related to Stage Payment

  • Damage Payment means the dollar amount equal to the amount to be posted as Project Development Security pursuant to Section 8.4(a)(i) hereof.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Service Payment has the meaning given to it in clause 9.1;

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

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

  • Delta Payment means as it is described in this Agreement.

  • Payment Amount has the meaning specified in Section 6.1.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Late Payment means any amount that is due and payable by law under a written procurement contract, without deferral, delay, or set-off under COMAR 21.02.07.03, and remains unpaid more than 45 days after an agency receives a Proper Invoice.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.