Common use of Conditions of Payment Clause in Contracts

Conditions of Payment. Following the initial payment pursuant to Section 10.1, the UCRC shall make the final payment to the Contractor pursuant to Section 10.1 only upon determination by the UCRC that (i) the Contractor has fulfilled all of the requirements of this SCIA and (ii) the water that is the subject of this SCIA was legally or physically available for Contractor to consumptively use during the term of this SCIA. If the UCRC determines that the Contractor has not complied with any of the requirements of this SCIA and Exhibit A, Verification Plan, the UCRC has the option to holdback full or partial payment, at the UCRC’s sole discretion, until the Contractor has cured the non-compliance to the UCRC’s satisfaction. If the UCRC determines that the water that is subject to this SCIA was not legally or physically available during the term of this SCIA, the UCRC has the option to forego all or a portion of the final payment.

Conditions of Payment. Following the initial payment pursuant to Section 10.1, the UCRC shall make the final payment to the Contractor pursuant to to Section 10.1 only upon determination by the UCRC that (i) the Contractor has fulfilled all of the requirements of this SCIA and (ii) the water that is the subject of this SCIA was legally or physically available for Contractor to consumptively use during the term of this SCIA. If the UCRC determines that the Contractor has not complied with any of the requirements of this SCIA and Exhibit A, Verification Plan, the UCRC has the option to holdback full or partial payment, at the UCRC’s sole discretion, until the Contractor has cured the non-compliance to the UCRC’s satisfaction. If the UCRC determines that the water that is subject to this SCIA was not legally or physically available during the term of this SCIA, the UCRC has the option to forego all or a portion of the final payment.

Conditions of Payment. Following the initial payment pursuant to Section 10.1, the UCRC shall make the final payment to the Contractor pursuant to Section 10.1 only upon determination by the UCRC that (i) the Contractor has fulfilled all of the requirements of this SCIA and (ii) the water that is the subject of this SCIA was legally or physically available for Contractor to consumptively use during the term of this SCIA. If the UCRC determines that the Contractor has not complied with any of the requirements of this SCIA and Exhibit A, Verification Plan, the UCRC has the option to holdback full or partial payment, at the UCRC’s sole discretion, until the Contractor has cured the non-compliance to the UCRC’s satisfaction. If the UCRC determines that the water that is subject to this SCIA was not legally or physically available during the term of this SCIA, the UCRC has the option to forego forgo all or a portion of the final payment.