Common use of AMOUNTS DUE AND OWING Clause in Contracts

AMOUNTS DUE AND OWING. If the Company has reasonable grounds to believe that any amounts due and owing to any of the Supplier’s subcontractors or contractors have not been paid by the Supplier, then the Company may, in its discretion, withhold from any payment otherwise due to the Supplier under the Agreement an amount which the Company reasonably believes to be due and owing but unpaid to the Supplier’s subcontractors or contractors and the Company will be entitled to pay amounts so withheld to the persons entitled to receive payment from the Supplier.

Appears in 2 contracts

Samples: General Conditions Agreement, General Conditions Agreement

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AMOUNTS DUE AND OWING. If the Company has reasonable grounds to believe that any amounts due and owing to any of the Supplier’s Personnel, subcontractors or contractors have not been paid by the Supplier, then the Company may, in its discretion, withhold from any payment otherwise due to the Supplier under the Agreement an amount which the Company reasonably believes to be due and owing but unpaid to the Supplier’s Personnel, subcontractors or contractors and the Company will be entitled to pay amounts so withheld to the persons entitled to receive payment from the Supplier.

Appears in 2 contracts

Samples: General Conditions Agreement, General Conditions Agreement

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