Payment to the Engineer Sample Clauses

The 'Payment to the Engineer' clause defines the terms and conditions under which the engineer is compensated for their services on a project. It typically outlines the payment schedule, such as milestone-based or periodic payments, and specifies the documentation or approvals required before payment is released. This clause ensures that the engineer receives timely and agreed-upon compensation, thereby providing financial clarity and reducing the risk of disputes over payment.
Payment to the Engineer for the services established under this Work Authorization shall be made in accordance with Articles 3 thru 5 of the contract, and Attachment A, Article 1.
View SourceView Similar (167)
Payment to the Engineer for the services established under this Work Authorization shall be made in accordance with the appropriate sections of the Contract.
View SourceView Similar (2)
Payment to the Engineer. 5.1 Billing will be accomplished monthly with payment due upon receipt of the Engineer's invoice. Payment will be credited first to any interest owed to Engineer, and then to principal. Client recognizes that prompt payment of Engineer’s invoices is an essential aspect of the overall consideration Engineer requires for providing service to Client. Client agrees to pay all charges not in dispute within 30 days of invoice date. Any charges held to be in dispute shall be called to Engineer’s attention within ten days of receipt of Engineer’s invoice. If Client contests an invoice, Client shall promptly advise Engineer of the specific basis for doing so, may withhold only that portion so contested, and must pay the undisputed portion. 5.2 If the Client fails to make any payment due Engineer for services and expenses within 30 days after receipt of Engineer’s invoice, then: 5.2.1 Amounts due Engineer will be increased at the rate of 1.0% per month (or the maximum rate of interest permitted by law, if less) from said thirtieth day; and 5.2.2 Engineer may, after giving seven days written notice to Client, suspend services under this Agreement until Client has paid in full all amounts due for services, expenses, and other related charges. Client hereby waives any and all claims against Engineer for any such suspension. 5.3 If after the Effective Date any government entity takes a legislative action that imposes taxes, fees or charges on Engineer’s services or compensation under this Agreement, then the Engineer may invoice such new taxes, fees, or charges as a Reimbursable Expense to which a factor of 1.0 shall be applied. Client shall reimburse Engineer for the cost of such invoiced new taxes, fees, and charges; such reimbursement shall be in addition to the compensation to which Engineer is entitled under the original terms of this Agreement.
View Source
Payment to the Engineer. 1. Modify the following fees and budgets and present in Schedule 1 – Fee Summary (copy attached hereto, including reimbursable expenses): • Add Fees for Item 2.7.1.1 (a),(b) in the amount of $3,850 • Add Fees for Item 2.16.5 in the amount of $32,280 • Add Fees for Item 2.17.0 in the amount of $83,780 2. Engineer shall invoice Owner for services performed under this Agreement on a monthly basis, and Owner shall pay undisputed invoices or portions thereof within thirty (30) days of receipt. Each such invoice shall set forth: (a) an itemized description and accounting of the services provided to Owner during the previous month (e.g., quantity, rate, extension); and (b) any applicable taxes (stated separately and specifically describing the Services subject to the tax) if Owner’s tax exemption certificate does not apply to the invoiced services. Invoices shall be mailed or emailed to Owner at the following address or such more recent invoice address of which Owner has provided written notice: 3. Old Colony Beach Club Association P.O. Box 10 Old Lyme, CT 06371 Attention: WPCA Treasurer E-mail: ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ 4. Owner shall mail or otherwise deliver payment for such undisputed amounts to: Fuss & ▇’▇▇▇▇▇, Inc. P.O. Box 24567 New York, NY 10087-4567 or by EFT/ACH transfer to ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Account #581937086, or such more recent invoice address or EFT/ACH transfer account of which Engineer has provided written notice to Owner. Owner agrees to bring to Engineer’s attention in writing any questions regarding Engineer's invoice within thirty (30) days of receipt. In the event that Owner does not provide Engineer with written questions within said thirty (30) days, the invoice shall be deemed accurate and acceptable to Owner. If Owner fails to pay any undisputed invoice or undisputed portion thereof due Engineer for services, expenses or other charges within thirty (30) days after receipt of Engineer’s invoice therefor, the amounts due Engineer will be increased at the rate of 1.5% per month from the thirty-first (31st) day after the invoice was received and additionally, after the expiration of said thirty (30) days of receipt of invoice, if Owner has not provided Engineer in writing any questions regarding such invoice, Engineer may, after giving a minimum of seven days’ written notice to Owner, suspend services under this Agreement until Engineer has been paid in full all amounts due for services, expenses and charges. Engineer may it its sole discretio...
View Source
Payment to the Engineer for the services established under this Work Authorization shall be made in accordance with Section II of the Agreement.
View Source
Payment to the Engineer. Amendment No. 1 shall be for an additional amount not to exceed a total contract amount of $181,198.74. ▇▇▇▇▇▇▇▇ will be made on an hourly basis as services are provided to the City. Services and additional meetings not included in the Scope of This Amendment will be billed to the City on an hourly basis in addition to the limiting fee. Additional services will not be provided or billed to the City unless a written request is received from the City for such additional services. Adjustments to the contract amounts: Contract Amount Summary Original Contract $189,017.90 Amendment Amount ($7,819.16) Amended Contract Amount $181,198.74
View Source

Related to Payment to the Engineer

  • Repayment to the Company Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in trust for the payment of the principal of, premium or interest on any Note and remaining unclaimed for two years after such principal, and premium, if any, or interest has become due and payable shall be paid to the Company on its request or (if then held by the Company) shall be discharged from such trust; and the Holder of such Note shall thereafter look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, shall at the expense of the Company cause to be published once in The New York Times or The Wall Street Journal (national edition) or send to each Holder entitled to such money, notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than 30 days from the date of such notification or publication, any unclaimed balance of such money then remaining shall be repaid to the Company.

  • Agreement to Tender 4.1 The Shareholder hereby covenants and agrees that if the Offeror makes the Offer in compliance with Article 2 and the Acquisition Agreement, the Shareholder shall, within 14 days of the mailing of the Offer Circular, irrevocably deposit or cause to be irrevocably deposited with the depositary under the Offer in acceptance of the Offer all of the Deposited Shares in accordance with the terms of the Offer, and thereafter the Shareholder shall not withdraw or take any action to withdraw any of the Deposited Shares deposited under the Offer (notwithstanding any statutory rights, rights under the terms of the Offer or rights which the Shareholder might otherwise have) except upon the termination of this Agreement in accordance with its terms. Subject to this Section 4.1, for greater certainty, in respect of Company Shares that are to be issued upon the exercise of Options, the Shareholder shall, within 14 days of the mailing of the Offer Circular, irrevocably direct the depositary under the Offer that, upon the issue of such Company Shares immediately before the Expiry Time of the Offer, such Company Shares are to be deposited to the Offer and it is understood and agreed that, upon such direction, such Company Shares will be treated as having been deposited in accordance with this Agreement. 4.2 For greater certainty, for the purposes of this Agreement, the term "Company Shares" shall include all the common shares, including all the common shares issued under outstanding Options, of the Company and shall include all shares or other securities into or for which the Company Shares may be converted, exchanged or otherwise changed pursuant to any reorganization, merger, amalgamation or other transaction involving the Company prior to the acquisition of the Deposited Shares by the Offeror under the Offer. 4.3 If (i) the Offeror concludes after the date of this Agreement that it is necessary or desirable to proceed with a form of transaction other than the Offer (such as a plan of arrangement or amalgamation) whereby the Offeror and/or its affiliates would effectively acquire all the Company Shares on economic and other terms and conditions (including, without limitation, tax treatment) having consequences to the Shareholder that are equivalent to or better than those contemplated by this Agreement and the Acquisition Agreement (any such transaction is referred to as an "Alternative Transaction"), and (ii) the Board recommends that Shareholders approve or support the Alternative Transaction, then the Shareholder agrees to support the completion of the Alternative Transaction in the same manner as the Offer, including, if necessary, by voting the Deposited Shares in favour of a special resolution approving the Alternative Transaction.

  • REIMBURSEMENT TO THE ADVISOR The Company shall not reimburse the Advisor for Total Operating Expenses to the extent that Total Operating Expenses (including the Asset Management Fee), in the four consecutive fiscal quarters then ended (the “Expense Year”) exceed (the “Excess Amount”) the greater of 2% of Average Invested Assets or 25% of Net Income for that period of four consecutive fiscal quarters. Any Excess Amount paid to the Advisor during a fiscal quarter shall be repaid to the Company. Reimbursement of all or any portion of the Total Operating Expenses that exceed the limitation set forth in the preceding sentence may, at the option of the Advisor, be deferred without interest and may be reimbursed in any subsequent Expense Year where such limitation would permit such reimbursement if the Total Operating Expense were incurred during such period. Notwithstanding the foregoing, if there is an Excess Amount in any Expense Year and the Independent Directors determine that all or a portion of such excess was justified, based on unusual and nonrecurring factors which they deem sufficient, the Excess Amount may be reimbursed to the Advisor. If the Independent Directors determine such excess was justified, then, after the end of any fiscal quarter of the Company for which there is an Excess Amount for the 12 months then ended paid to the Advisor, the Advisor, at the direction of the Independent Directors, shall cause such fact to be disclosed in the next quarterly report of the Company or in a separate writing and sent to the Stockholders within 60 days of such quarter end, together with an explanation of the factors the Independent Directors considered in determining that such Excess Amount was justified. Such determination shall be reflected in the minutes of the meetings of the Board. The Company will not reimburse the Advisor or its Affiliates for services for which the Advisor or its Affiliates are entitled to compensation in the form of a separate fee. All figures used in any computation pursuant to this Section 3.04 shall be determined in accordance with generally accepted accounting principles applied on a consistent basis.

  • Notice to the Union At the time notice of displacement is issued, a copy of the notice shall be sent to the Union ▇▇▇▇▇▇▇.

  • Interim payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ➢ an interim technical report in accordance with the instructions laid down in ▇▇▇▇▇ ▇; ➢ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;