Payments of the Contract Price Clause Samples
Payments of the Contract Price. In consideration of Contractor’s performance and provision of the Work and subject to this Article 7, Owner shall pay to Contractor the Contract Price as provided in ***.
Payments of the Contract Price. Customer shall pay the Contract Price to Installer in monthly installments (each a “Progress Payment”) for the portion of the Work performed during the previous month, which, in the case of each Progress Payment, shall be calculated by multiplying
(a) the portion of Work completed by Installer during such month times (b) the percentage of Contract Price allocated to such Work in the Schedule of Values times (c) the Contract Price. Customer shall pay to Contractor the final payment for Final Completion, as detailed in the Schedule of Values, within thirty (30) Business days after the Final Completion Date. Customer shall make entire payment in advance for the 15 year Operations and Maintenance Agreement (Exhibit B) and for the 15 year Performance Guarantee (Exhibit C) within thirty (30) Business days from the date of the invoice, which shall issued in connection with the Final Completion.
Payments of the Contract Price. Subject to the other provisions of this Agreement, payments to Subcontractor for constructing each System shall be paid for progress achieved, pursuant to the Progress Billing method defined above and set forth in Section 5.3 hereof, based on the System Prices set forth in Exhibit A. Notwithstanding any other provision of the contract, however, Contractor shall pay to Subcontractor no later than December 15, 2015 30% of the Contract price, which amounts shall be applied to invoices as rendered.
Payments of the Contract Price