Concurrent Review of Applications for Payment Sample Clauses

Concurrent Review of Applications for Payment. In the event any item shall be disapproved or deemed disapproved, the representatives of the Borrower and Agency shall meet promptly and in good faith to attempt to resolve the matter to their mutual satisfaction. To effectuate this paragraph, Borrower shall submit to the Agency and the Construction Lender each Application for Payment concurrently, and Agency shall notify the Construction Lender of its approval or disapproval of such request as soon as possible. Borrower shall transmit to Agency any notice of approval of disapproval of an Application for Payment as soon as the same is received from the Construction Lender. Agency shall signify its approval of an Application for Payment by signing and transmitting to the Construction Lender a copy of the Application for Payment, by hard copy or facsimile transmission.
Sample 1
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Concurrent Review of Applications for Payment e. . In the event that any item shall be disapproved or deemed disapproved, the representatives of Borrower and the Lenders shall meet promptly and in good faith to attempt to resolve the matter to their mutual satisfaction. To effectuate this paragraph, the Lenders shall review each Application for Payment concurrently and notify the other one of the Lender of its approval of such request as soon as possible. Each of the Lenders shall signify its approval of an Application for Payment by executing and transmitting to the other one of the Lender a copy of the Application for Payment, by hard copy or facsimile transmission.
Sample 1
Concurrent Review of Applications for Payment. In the event any item shall be disapproved, the representatives of the Borrower and City shall meet promptly and in good faith to attempt to resolve the matter to their mutual satisfaction. To effectuate this paragraph, Borrower shall submit to the City and the Construction Lender each Application for Payment concurrently, and City shall notify the Construction Lender of its approval or disapproval of such request as soon as possible. Borrower shall transmit to City any notice of approval of disapproval of an Application for Payment as soon as the same is received from the Construction Lender. City shall signify its approval of an Application for Payment by signing and transmitting to the Construction Lender a copy of the Application for Payment, by hard copy or facsimile transmission.
Sample 1

Related to Concurrent Review of Applications for Payment

  • Applications for Payment 9.3.1 At least ten days before the date for each progress payment established in the State- Contractor Agreement, the Contractor shall submit to the Architect an itemized Application for Payment, notarized if required, supported by such data substantiating the Contractor's right to payment as the State or the Architect may require. The application for payment must, at a minimum, reflect retainage and the required waivers of lien and any other support documentation enumerated elsewhere in the Contract Documents.

  • Application for Payment The form acceptable to Owner that is to be used by the Contractor during the course of the Work in requesting payment from the Owner and that is to be accompanied by such supporting documentation as is required by the Contract Documents.

  • REQUESTS FOR PAYMENT Payments shall be made in accordance with Article I.4 of the Special Conditions.

  • Basis for Payment Payment(s) to Consultant for services performed under this Contract shall be made as follows and shall [not] include payment for reimbursable expenses:

  • Request for Payment A. Not more than once every thirty days the Consultant shall file its request for payment, accompanied by evidence satisfactory to the City justifying the request for payment, including a report of Work accomplished and tasks completed, and an itemization of Eligible Expenses with copies of receipts and invoices.

  • Time for Payment Interconnection Customer must provide the additional Security, in a form and with terms as required by Section 212.4, within 15 days after its receipt of Transmission Provider’s notice under this section. The requirement for additional Security under this section shall be treated as a milestone included in the Interconnection Service Agreement pursuant to Section 212.5.

  • INSTRUCTIONS FOR COMPLETING FORM A AND B Form A and Form B should be completed for Contracts for consulting services in accordance with Section XI.18.C of the Office of the State Comptroller’s Guide to Financial Operations (xxxx://xxx.xxx.xxxxx.xx.xx/agencies/guide/MyWebHelp/), “Consultant Disclosure Legislation,” and the following:

  • Scope of Application to Parties The Participating Generator and CAISO acknowledge that all Generators, except those specified in Section 2.2.1 of this Agreement, wishing to submit Bids to the CAISO through a Scheduling Coordinator must sign this Agreement in accordance with Section 4.6 of the CAISO Tariff.

  • PREREQUISITES FOR PAYMENT The following applicable requirements shall be fulfilled in order to establish an employee's eligibility for sick leave benefits.

  • Due date for payment The settlement date for each Tax Invoice issued by the Distributor must be the 20th day of the month in which the Tax Invoice is received, or if the 20th day of the month is not a Working Day, the first Working Day after the 20th day. However, if the Distributor fails to send a Tax Invoice to the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates, the due date for payment is extended by 1 Working Day for each Working Day that the Tax Invoice is late.

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