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
AutoNDA by SimpleDocs

Related to Certification of Interim Payment

  • CERTIFICATION OF INDEPENDENT PRICE DETERMINATION By submission of this bid, the Bidder certifies, and in the case of a joint bid each party thereto certifies as to its own organization, that in connection with this procurement:

  • DECLARATION OF INTEREST 1. No bid will be accepted from persons in the service of the state¹.

  • Calculation of Interest The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable:

  • NOTIFICATION OF INTENTION TO AWARD This Notification of Intention to Award shall be sent to each Tenderer that submitted a Tender. Send this Notification to the Tenderer's Authorized Representative named in the Tender Information Form on the format below. FORMAT

  • Certification of the Settlement Class For purposes of this Settlement only, the Parties stipulate to the certification of the Settlement Class, which is contingent upon the Court entering the Final Approval Order and Judgment of this Settlement and the occurrence of the Effective Date.

  • Computation of Interest Except as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

  • AS9100 Certification ‌ AS9100 Certification, specifies requirements for a quality management system to demonstrate the Contractor’s ability to consistently meet the customer requirements as well as statutory and regulatory requirements for the aerospace industry. An AS9100 Certification, is not mandatory; however, Contractors who desire to compete for work within the aerospace industry are encouraged to have AS9100 Certification, during the entire term of OASIS. The Contractor shall notify the OASIS CO, in writing, if there are any changes in the status of their AS9100 Certification, and provide the reasons for the change and copies of audits from an AS9100 Certification Body, as applicable. If only part of a Contractor’s organization is AS9100, certified, the Contractor shall make the distinction between which business units or sites and geographic locations have been certified.

  • Examination of Implementation 1. Without prejudice to the procedures set out in Article 188 (Compensation), once the period of time set out in paragraph 3 of Article 186 (Implementation of the Report) has expired, and there is disagreement between the disputing Parties as to the existence or consistency of the measures taken to comply with the Panel report, such dispute shall be referred to the original Panel wherever possible. If not possible, the procedure pursuant to Article 179 (Panel Selection) shall be followed to appoint a new Panel, in which event the periods set out thereof shall be reduced by half (22). 2. This Panel shall issue its report on the matter within 60 days after the date of the referral of the matter to it. When the Panel considers that it cannot provide its report within this timeframe, it shall inform the Parties in writing of the reasons for the delay together with an estimate of the period within which it will submit its report. Any delay shall not exceed a further period of 30 days unless the Parties otherwise agree.

  • Notification of Illness Nurses should notify the Medical Center of absence from work because of illness as far in advance as possible, but at least three and one-half (3 ½) hours before the start of the nurse’s shift. Repeated failure to give such minimum notification will result in reduction of otherwise payable sick leave for that shift by two (2) hours. Repeated failure as used in this section means more than twice every two years.

  • Variation of interest and charges We are entitled, in our reasonable discretion, to vary or determine, at any time and from time to time, the amounts, rates, types and/or basis of calculation of all interests, fees and charges payable by you under this agreement after giving reasonable notice. Without prejudice to the foregoing, such notice of changes of interests, fees and charges may be contained in the statement of account, which shall be effective from such date as we may specify. We may debit the same to your card account and/ or request that you pay the same on demand as we may deem fit.

Time is Money Join Law Insider Premium to draft better contracts faster.