Phased Payments Clause Samples

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Phased Payments. Payments for Basic Services shall be paid out pursuant to the project phasing specified in Exhibit A and in accordance with the percentage amount set forth below. The retainage amount set forth in Section 5.5 shall be applied to the percentage amount for each phase stated herein. Project Phase Fee % Fee Amount/Phase Predesign Services/Programming Phase % $ Phase I: Schematic Design % $ Phase II: Design Development % $ Phase III: Construction Documents % $ Phase IV: GMP Negotiations % $ Phase V: Administration of the Construction Contract % $ Phase VI: Warranty Administration and Post-Occupancy Services % $ Total Basic Services Fee 100% $
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Phased Payments. Payments for Services shall be paid out in accordance with the project’s phasing specified in the Work Authorization and shall not exceed the amount set forth in the Work Authorization. The invoiced fee amount for each phase will be subject to retainage as set forth in Section 6.5.
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Phased Payments. Payments for Basic Services shall be paid out pursuant to the project phasing specified in Exhibit A and in accordance with the percentage amount set forth below. The retainage amount set forth in Section 5.5 shall be applied to the percentage amount for each phase stated herein. Predesign Phase - Programming 1 and 2 56% $335,042 Predesign Phase - Site Analysis and Project Estimate 35.5% $211,754 Predesign Phase – Stakeholder Coordination and Public Outreach Phase I: Schematic Design 8.5% $ 50,565 Phase II: Design Development % $ N/A Phase III: Construction Documents % $ N/A Phase IV: Bidding and Award of Contract % $ N/A Phase V: Administration of the Construction Contract % $ N/A Phase VI: Warranty Administration and Post-Occupancy Services % $ N/A
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Phased Payments. Payments for Basic Services shall be paid out pursuant to the project phasing specified in Exhibit A and in accordance with the percentage amount set forth below. The retainage amount set forth in Section 5.5 shall be applied to the percentage amount for each phase stated herein. Predesign Services/Programming Phase % $ Phase I: Schematic Design % $ Phase II: Design Development % $ Phase III: Construction Documents % $ Phase IV: GMP Negotiations % $ Phase V: Administration of the Construction Contract % $ Phase VI: Warranty Administration and Post-Occupancy Services % $
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Phased Payments. Payments for Basic Services shall be made pursuant to the project phasing specified in Exhibit A and in accordance with the percentage amount set forth below. The retainage amount set forth in Section 5.5 shall be applied to the percentage amount for each phase stated herein. Programming Phase 13.2% $385,728 Conceptual Design Phase 12.1% $354,099 Schematic Design Phase 74.7% $2,189,094 Site Investigation 45.3% $720,245 Programming, Conceptual & SD 3.6% $57,166 DRC Submittal 37.1% $590,579 Traffic Study 14.0% $222,061 Project Development Conference 0.0% $0 Schematic Design Phase 100.0% $467,868 Project Development Conference 0.0% $0 Schematic Design Phase 100.0% $547,538 Exhibit A.2 - Scope of Services For Enabling Project ▇▇. ▇, ▇▇▇▇ ▇▇▇▇▇▇ Modifications Project Development Conference 0.0% $0 Schematic Design Phase 100.0% $97,424 Schematic Design Phase 100.0% $3,406,941 8. The Parties agree that if any conflict or ambiguity exists between this Second Amendment and the Agreement, this Second Amendment shall control. 9. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Agreement. 10. This Second Amendment incorporates and includes all prior negotiations, correspondence, conversations, agreements, and understandings applicable to the matters contained herein, and the Parties agree that there are no commitments, agreements, or understandings concerning the subject matter hereof that are not contained in this Second Amendment or the Agreement. Accordingly, the Parties agree that no deviation from the terms hereof shall be predicated upon any prior representations or agreements, whether oral or written. 11. Preparation of this Second Amendment has been a joint effort of the Parties and the resulting documents shall not, solely as a matter of judicial construction, be construed more severely against one of the Parties than any other. 12. Except as modified herein, all terms and conditions of the Agreement shall remain in full force and effect. 13. This Second Amendment may be executed in multiple originals, and may be executed in counterparts, each of which shall be deemed to be an original, but all of which taken together, shall constitute one and the same amendment.
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Phased Payments. Payments for Services shall be paid out pursuant to the project phasing specified in Exhibit A and in accordance with the percentage amount set forth below. The retainage amount set forth in Section 5.5 shall be applied to the percentage amount for each task stated herein. Task 1: Project Kick off and Schedule Development 2.04% $14,628 Task 2: Initial Data Collection and Review 6.29% $45,124 Task 3: Community Stakeholder Meeting Support 6.66% $47,756 Task 4: Supplemental Data Collection Based on Stakeholder Meetings 14.51% $104,012 Task 5: Develop ArcGIS Tool - MODFLOW Groundwater Output to ▇▇▇▇-SHE Boundary Conditions 2.44% $17,528 Task 6: Update Current Conditions ▇▇▇▇- SHE/▇▇▇▇ 11 Model 25.70% $184,264 Task 7: Develop Future Conditions ▇▇▇▇- SHE/▇▇▇▇ 11 Model Input 11.12% $79,722 Task 8: Future Model Execution and Results Processing 8.03% $57,536 Task 9: Develop ArcGIS Tool - Coastal Zone A Model Results Integration with ▇▇▇▇-SHE 6.58% $47,156 Task 10: Develop ArcGIS Tool - Generate Future 100-year Flood Contour Map 4.6% $32,952 Task 11: CRS Evaluation and Recommendations 2.69% $19,308 Task 12: Presentation of Results to County and Stakeholders 2.4% $17,196 Task 13: Prepare and Submit Draft Summary Report 2.85% $20,400 Task 14: Prepare and Submit Final Summary Report 1.57% $11,280 Task 15: Project Management 2.52% $18,032 5.1.5 The dollar limitation set forth in Section 5.1 is a limitation upon, and describes the maximum extent of, County's obligation to pay Consultant, but does not constitute a limitation, of any sort, upon Consultant's obligation to incur such expenses in the performance of services hereunder.
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Phased Payments. Payments for Basic Services shall be paid out pursuant to the project phasing specified in Exhibit "A" and in accordance with the percentage amounts set forth below. The retainage amount set forth in Article 5.5 shall be applied to the percentage amount for each phase stated herein: Phase 1 – Program Verification Tasks 1.1, 1.2,1.3, 1.3.3.3, 1.4, 1.5, 1.6, 1.7, 1.8,1.9, 1.10 Lump Sum $680,237 Sub Total – Verification Phase $730,237 Phase 2 – Construction Documents Phase 2B – Construction Documents (60% Complete) Lump Sum $242,460 Phase 2C – Construction Documents (90% Complete) Lump Sum $220,577 Public Outreach Maximum Not- to-Exceed $40,000 Phase 2E – Permitting Phase Services Lump Sum $33786 Phase 2F- Bid and Award Services Lump Sum $46,675
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Phased Payments. Payments for Basic Services shall be paid out pursuant to the Project phasing specified in Exhibit A and shall not exceed the amount set forth below for the applicable phase. The invoiced fee amount for each phase shall be subject to retainage as set forth in Section 5.5.
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Related to Phased Payments

  • Delayed Payments The Parties hereto agree that payments due from one Party to the other Party under the provisions of this Agreement shall be made within the period set forth therein, and if no such period is specified, within 30 (thirty) days of receiving a demand along with the necessary particulars. Unless otherwise specified in this Agreement, in the event of delay beyond such period, the defaulting Party shall pay interest for the period of delay calculated at a rate equal to 5% (five per cent) above the Bank Rate, and recovery thereof shall be without prejudice to the rights of the Parties under this Agreement including Termination thereof.

  • Refused Payments We reserve the right to refuse to pay any Receiver. We will attempt to notify the Sender promptly if we decide to refuse to pay a Receiver designated by the Sender. This notification is not required if you attempt to make a prohibited payment under this Agreement.

  • Permitted Payments Until such time as all of the Senior Indebtedness has been Paid in Full, Borrower may pay to the Subordinated Creditors, and the Subordinated Creditors may accept from the Borrower (collectively, the “Permitted Payments”) only: (i) Any payments of interest with respect to the Subordinated Indebtedness that are paid “in kind,” whether capitalized and added to then outstanding principal amount of the Subordinated Indebtedness or accrued or accreted as unpaid interest so long as such payments “in kind” do not become obligations for payment of cash, securities or any other form of payment (other than in each case in the form of Subordinated Securities) until the earlier of (x) after all of the Senior Indebtedness has been Paid in Full or (y) the scheduled maturity date of the Subordinated Indebtedness (it being acknowledged and agreed by the Subordinated Creditors that such scheduled maturity date will be automatically extended (without any action by the Borrower or any Subordinated Creditor) by a number of days that the maturity date of the Senior Indebtedness is extended provided that such scheduled maturity date may not be extended by more than 180 days without the consent of each Subordinated Creditor); (ii) Payment of all or any portion of principal or interest on the Subordinated Indebtedness, so long as on the date of any proposed payment, (x) Quarterly Adjusted Continuing Business EBITDA for the two immediately preceding calendar quarters was greater than $5,000,000 for each such quarter, (y) Borrower is in compliance with all covenants and requirements set forth in the Senior Loan Agreement without giving effect to the amendments to the Senior Loan Agreement set forth in Section 4 of the First Amendment, and (z) no default or event of default exists under the Senior Loan Agreement or any other Loan Document, and no default would occur under the Senior Loan Agreement or any other Loan Document as a result of such payment; (iii) Payments of principal and accreted or accrued interest upon the occurrence of a Change in Control (as defined in the Subordinated Documents as in effect on the date hereof) and the declaration of an “Event of Default” under the Subordinated Documents in accordance with the terms thereof, but only to the extent that the Senior Creditor has consented in writing to such Change in Control or has waived (or agreed to forbear from exercising remedies in connection with) in writing any Event of Default under the Loan Documents that may have occurred as a result of such Change in Control; and (iv) Reimbursement of reasonable out-of-pocket costs and expenses (including without limitation, attorney fees) due and owing to any Subordinated Creditor; provided, in the case of clauses (iii) and (iv) only if such payments are payments made in accordance with the terms of the Subordinated Documents as in effect on the date hereof or as modified in accordance with the terms of this Agreement.

  • Interim Payments Interim payments may be made by Department, at its discretion, if the completion of deliverables to date have first been accepted in writing by Department's Grant Manager.

  • Deferred Payments “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.