Payment Method Types Clause Samples

Payment Method Types. Project Agreements will be issued as either a fixed price milestone payment method or a cost reimbursement milestone payment method as described below.
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Payment Method Types. Research Project Awards will be issued as either a fixed price milestone payment method or a cost reimbursement milestone payment method as described below.
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Payment Method Types. Project Agreements will be issued as either a fixed price milestone payment method or expenditure based milestone payment method as described below. Fixed Price Milestone Payment Method: Payments shall be made in accordance with the Payable Milestone Schedule of each Project Agreement, provided the designated AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. The Payable Milestone Schedule may be revised as appropriate and deemed necessary by issuance of a bilateral modification to the Project Agreement. Quarterly reviews by the AOR and the CMF will assess the need for revisions to the Payable Milestone Schedule. An acceptable invoice for adjustable fixed price milestone payments is one that: is addressed to the CMF and contains the CMF’s address: Advanced Technology International ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Summerville, SC 29486 contains the date of invoice, invoice number, and the Base Agreement number and Project Agreement number (20XX-XXX, #X); identifies the milestone number and deliverable description for any milestone(s) that are complete; and lists the milestone cost contained in each Project Agreement Expenditure Based Milestone Payment Method (with not to exceed ceiling): Payment is contingent upon satisfactory progress toward completion of milestones as delineated in Project Agreement. Payment shall be made based on expenditures in completing milestones up to the maximum amount allowable under the applicable Project Agreement, provided the designated AOR has no objection to the Consortium Member’s compliance with the Statement of Work and accomplishment of the stated effort. Per (iii) below, either a Status Report identifying any associated technical tasks and the progress toward completion of each milestone, a Deliverable Report, or a Milestone Report is required concurrent with the invoice. An acceptable invoice for reimbursable payment is one that (on the invoice or on the attached Status, Deliverable, or Milestone Report in accordance with each Project Agreement): is addressed to the CMF and contains the CMF’s address: Advanced Technology International ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Summerville, SC 29486 contains the date of invoice, invoice number, and the Base Agreement number and Project Agreement number (20XX-XXX, #X); identifies any associated technical milestones and the progress toward completion of each milestone; includes a description of supplies and services, labor costs, subcontractor costs, material costs, trav...
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Payment Method Types. Each prototype project agreement will be awarded as either a fixed price milestone payment method or an expenditure based milestone payment method as described below.
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Payment Method Types. The Recipient may be selected for either a fixed price milestone payment method, a cost reimbursement milestone payment method, or an expenditure based (non-milestone) with a not to exceed ceiling as described below.
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Payment Method Types. Project Task Assignments will be issued as either a fixed price milestone payment method or a cost reimbursement milestone payment method as described below.
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Payment Method Types. Each OTIA will be awarded as either a fixed price milestone payment method or a cost reimbursement milestone payment method as described below.
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Payment Method Types. A Statement of Work will be issued as a fixed price milestone payment method as described below.
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Payment Method Types 
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Related to Payment Method Types

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following:

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within ____ business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other ______________________ basis. If the Subcontractor completes the Services to the satisfaction of the Contractor, before the full amount or balance has been fully paid, any remaining amount shall be payable immediately. ☐ - Other: ________________________________________________________

  • Payment Methodology The Grantee shall be reimbursed for actual, reasonable, and necessary costs based upon the Grant Budget, not to exceed the Maximum Liability established in Section 1. Upon progress toward the completion of the Scope, as described in Section A of this Grant Contract, the Grantee shall submit invoices prior to any reimbursement of allowable costs.

  • Settlement Method For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.

  • Settlement Method Election Physical Settlement, Cash Settlement, or Net Share Settlement, at the election of Counterparty as set forth in a Settlement Notice that satisfies the Settlement Notice Requirements; provided that Physical Settlement shall apply (i) if no Settlement Method is validly selected, (ii) with respect to any Settlement Shares in respect of which Dealer is unable, in good faith and in its commercially reasonable discretion, to unwind its commercially reasonable hedge by the end of the Unwind Period (taking into account any Additional Transactions with overlapping “Unwind Periods” (as defined in the applicable Additional Confirmations)) (A) in a manner that, in the reasonable discretion of Dealer, based on advice of counsel, is consistent with the requirements for qualifying for the safe harbor provided by Rule 10b-18 under the Exchange Act (“Rule 10b-18”) or (B) in its commercially reasonable judgment, due to the occurrence of five or more Disrupted Days or to the lack of sufficient liquidity in the Shares on any Exchange Business Day during the Unwind Period, (iii) to any Termination Settlement Date (as defined under “Termination Settlement” in Paragraph 7(g) below) and (iv) if the Final Date is a Settlement Date other than as the result of a valid Settlement Notice, in respect of such Settlement Date; provided, further, that, if Physical Settlement applies under clause (ii) immediately above, Dealer shall provide written notice to Counterparty at least two Scheduled Trading Days prior to the applicable Settlement Date.