Common use of Alternate Method of Payment Clause in Contracts

Alternate Method of Payment. Notwithstanding the agreed upon method of payment stated above, COUNTY may at its option refuse to advance all or part of any unearned payment otherwise due to PROVIDER if COUNTY reasonably suspects any of the following: 1. PROVIDER has mismanaged any funds provided by COUNTY. 2. Funds in PROVIDER’s possession are at risk of being seized by PROVIDER’s creditors or other adverse interest. 3. PROVIDER appears incapable of maintaining itself as a going business concern. 4. PROVIDER fails to meet reporting requirements.

Appears in 5 contracts

Samples: Purchase of Services Agreement, Purchase of Services Agreement, Purchase of Services Agreement

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Alternate Method of Payment. Notwithstanding the agreed upon method of payment stated above, COUNTY may at its option refuse to advance all or part of any unearned payment otherwise due to PROVIDER if COUNTY reasonably suspects any of the following: 1. PROVIDER has mismanaged any funds provided by COUNTY. 2. Funds in PROVIDER’s possession are at risk of being seized by PROVIDER’s creditors or other adverse interest. 3. PROVIDER appears incapable of maintaining itself as a going an ongoing business concern. 4. PROVIDER fails to meet reporting requirements.

Appears in 2 contracts

Samples: Purchase of Services Agreement, Purchase of Services Agreement

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Alternate Method of Payment. Notwithstanding the agreed upon method of payment stated above, COUNTY may at its option refuse to advance all or part of any unearned payment otherwise due to PROVIDER SUBRECIPIENT if COUNTY reasonably suspects any of the following: 1. PROVIDER SUBRECIPIENT has mismanaged any funds provided by COUNTY. 2. Funds in PROVIDERSUBRECIPIENT’s possession are at risk of being seized by PROVIDERSUBRECIPIENT’s creditors or other adverse interest. 3. PROVIDER SUBRECIPIENT appears incapable of maintaining itself as a going business concern. 4. PROVIDER fails to meet reporting requirements.

Appears in 1 contract

Samples: Community Development Block Grant Agreement

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