IN CONSIDERATION WHEREOF the CONTRACTOR agrees to pay the SUBCONTRACTOR for the full and faithful performance of his work the sum of $82,500.00 in current funds at CONTRACTOR’S office in Gallatin, TN, subject to additions and deductions for changes as may be agreed upon in writing and subject to the other terms of this agreement. This contract price is a guaranteed maximum; all savings due to changes shall be reimbursed to CONTRACTOR.
IN CONSIDERATION WHEREOF the City hereby grants the Developer the right and privilege to commence and construct the Project stipulated herein.
IN CONSIDERATION WHEREOF the Employer will provide the Employee with the appropriate training and information, and will make available all the necessary tools and equipment required to perform in the above-mentioned capacity. Compensation for this agreement, as provided for by the Employer, will consist of the following:
IN CONSIDERATION WHEREOF the Department agrees to pay the party of the second part for all services actually performed in accordance with the unit prices set forth in the bid proposal submitted in the letting of which is attached hereto and made a part of this contract as if copied in full herein. The total estimated cost based on the unit prices herein is: $ However, this contract shall not be construed to be an obligation of the Department to expend any sum in excess of the estimated cost stated herein; and provided further that this contract shall not be deemed an obligation of the Department to pay any sum stipulated herein and approved by the Secretary, Finance and Administration Cabinet, as required by law. This contract is subject to there being adequate and sufficient road funds available under the contract for the payment of invoices for work on the project as they come due. In the event this contract is suspended or terminated, in part or in whole, or payment is delayed due to inadequate or insufficient road funds, the contractor waives any and all rights to bring any claim for damages, losses, expenses, including but not limited to attorneys' fees, as a result of suspension, termination or delayed payment. In the event the contract is suspended, the contractor may, upon request, continue performance after receipt of a work notice from the Cabinet to proceed. Payments shall resume at such time as the Cabinet has adequate and sufficient road funds for payment under the project. IN WITNESS WHEREOF, we have hereunto set our hands this day of . TRANSPORTATION CABINET Department of Highways By: Director, Construction Procurement for Commissioner ATTEST: Name of contractor or contracting firm By: PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS, That we in the State of KY as PRINCIPAL, and of in the State of as SURETY, are held and firmly bound unto the DEPARTMENT OF HIGHWAYS in its official capacity as agent of the Commonwealth of Kentucky, hereinafter called the DEPARTMENT, in the sum of one (1) times the total estimated cost listed in the contract; said contract and any documents incorporated therein by reference being incorporated by reference and adopted hereby as if copied at length herein, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLIGATION IS SUCH, That whereas the principal entered into a certain contract, hereto...
IN CONSIDERATION WHEREOF the parties hereto have executed the Agreement as of the date first set forth above. WARRANTECH CORPORATION By: _________________________________ Name: _______________________________ Title: ______________________________ MEDSTRONG INTERNATIONAL CORPORATION By: ________________________________ Name: ______________________________ Title: _____________________________
IN CONSIDERATION WHEREOF. TCC shall pay to the Contractor not to exceed $__________, for those services provided herein and in accordance with the budget, Exhibit A, attached hereto and incorporated herein. BILLING PROCEDURE TCC will reimburse the contractor upon receipt of properly executed vouchers. Claims for payment submitted by contractor to TCC for costs due and payable under this agreement that were incurred prior to the expiration date shall be paid by TCC if received by TCC within 60 days after the expiration date.
IN CONSIDERATION WHEREOF the United States agree to pay to the said Indians, under the direction of the President, and in such manner as he shall from time to time prescribe, the sum of three hundred thousand dollars, as follows: one hundred thousand dollars to be invested at an interest of five per centum per annum; the interest of which shall be annually expended for educational and other beneficial purposes. The remaining two hundred thousand dollars to be paid thus: Twenty-five thousand dollars in the month of October, one thousand eight hundred and fifty-four; twenty thousand dollars during the same month in each of the years one thousand eight hundred and fifty-five and one thousand eight hundred and fifty-six; fourteen thousand dollars during the same month in each of the years one thousand eight hundred and fifty-seven and one thousand eight hundred and fifty-eight; nine thousand dollars in the same month of each of the six years next succeeding that of one thousand eight hundred and fifty-eight; seven thousand dollars in the same month of each of the four years next succeeding the expiration of the last-named period of six years; and five thousand dollars in the same month of each of the five years next succeeding the last-named four years. And as the Kickapoos will remove to a new home, and will, therefore, require the principal portion of the annual payments for several years to aid in building houses, in breaking and fencing land, in buying stock, agricultural implements, and other articles needful for their comfort and civilization, it is understood that such portion of said annual payments as may be necessary, will be appropriated to and expended for such purposes.
IN CONSIDERATION WHEREOF the Buyer agrees to initiate the Antitrust Procedure no later than ten business days after this Agreement is signed by the Sellers and that it shall be exclusively responsible for carrying out all activities necessary to this end, notwithstanding the Sellers' obligation to ensure that the Companies give the Buyer all reasonable cooperation the Buyer needs to obtain a positive outcome in the Antitrust Procedure or to comply with other obligations incumbent upon the Buyer.
IN CONSIDERATION WHEREOF. Xxxxxxx agrees to pay the Subcontractor for the full and faithful performance of its work the sum of One Million Dollars ($1,000,000.00) in current funds, subject to additions and deductions for changes as may be agreed upon, provided that no payments are to be made unless the Subcontractor's rate of progress, work done and material furnished are satisfactory to Xxxxxxx and the Owner, and as herein agreed upon. Payments shall be made as follows: . A payment of $300,000.00 to cover start-up costs shall be paid upon acceptance of this subcontract. . Delivery of 10 each of Omega 1, 2, & 3 Communication Interface Cabinets. . Functional Acceptance Testing and Acceptance by Duquesne Light Company.* . A progress payment of $300,000.000 shall be paid upon receipt of the next 1,000 units (on or about July 17). . A second progress payment of $400,000.000 shall be paid upon receipt of the next 800 units (partial shipment on of about July 24, balance on or about July 31). . Should the value of the products contemplated by this Agreement be less than the sum of the above start-up and progress payments, said amount shall be credited to future invoicing. *Note: No equipment delivery will be accepted, nor progress payment due until Duquesne Light Company acceptance of the initial 30 units. NOTE: Subcontractor must file a Certificate of Insurance with Xxxxxxx prior to starting work, (naming Xxxxxxx and Duquesne Light Company as an additional insured). All invoices must be submitted in duplicate and signed "APPROVED" by the Xxxxxxx and Duquesne Light Company project managers prior to processing for payment. Subcontractor represents that it has examined this Subcontract and the referenced contract documents and understands the Owner's expected functionality for the subcontracted Equipment, and that it enters this Subcontract on the basis of its own examination and evaluation and not any representations of Xxxxxxx.
IN CONSIDERATION WHEREOF and of the covenants hereinafter expressed, it is covenanted and agreed as follows:
