Certification of Interim Payment Sample Clauses

Certification of Interim Payment. (a) Project Co shall give the Consultant and HMQ’s Project Manager at least 10 Business Days’ notice prior to the date upon which Project Co anticipates all Interim Payment Requirements for the First Interim Payment and the Second Interim Payment, as applicable, shall be satisfied. Project Co shall then deliver a subsequent notice to the Consultant and HMQ’s Project Manager upon the satisfaction of all Interim Payment Requirements for the First Interim Payment and the Second Interim Payment, (each an “Interim Payment Application”), as applicable, which shall describe, in reasonable detail, the satisfaction of all the Interim Payment Requirements in respect of the First Interim Payment and Second Interim Payment, as applicable, together with Project Co’s opinion as to whether the Interim Payment Requirements in respect of the First Interim Payment and Second Interim Payment, as applicable, have been satisfied. The Interim Payment Application shall include all construction progress reports relating to the applicable Interim Payment Requirements certified by the Lenders’ Consultant. Project Co shall, and shall cause the Lenders’ Consultant to, co- operate with the Consultant to permit the Consultant to verify the Lenders’ Consultant’s construction progress reports.
Sample 1
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Related to Certification of Interim Payment

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