Common use of Court Action or Other Legal Processes Clause in Contracts

Court Action or Other Legal Processes. (a) Notwithstanding any other law to the contrary, the liability of NYSERDA to make an interest payment to a Contractor pursuant to this Exhibit shall not extend beyond the date of a notice of intention to file a claim, the date of a notice of a claim, or the date commencing a legal action for the payment of such interest, whichever occurs first. (b) With respect to the court action or other legal processes referred to in subdivision (a) of this section, any interest obligation incurred by NYSERDA after the date specified therein pursuant to any provision of law other than Public Authorities Law Section 2880 shall be determined as prescribed by such separate provision of law, shall be paid as directed by the court, and shall be paid from any source of funds available for that purpose. Revised 8/26/16 (Replaces the 2016 NYSERDA Report Content Guide) 1 Purpose 2 2 Required Elements 2 3 Formatting 6 4 Submitting a Report to NYSERDA 7 5 Contacts 7 6 Required Elements Checklist 7 1 Purpose‌

Appears in 3 contracts

Samples: Contract Agreement, Contract Agreement, Contract Agreement

AutoNDA by SimpleDocs

Court Action or Other Legal Processes. (a) Notwithstanding any other law to the contrary, the liability of NYSERDA to make an interest payment to a Contractor pursuant to this Exhibit shall not extend beyond the date of a notice of intention to file a claim, the date of a notice of a claim, or the date commencing a legal action for the payment of such interest, whichever occurs first. (b) With respect to the court action or other legal processes referred to in subdivision (a) of this section, any interest obligation incurred by NYSERDA after the date specified therein pursuant to any provision of law other than Public Authorities Law Section 2880 shall be determined as prescribed by such separate provision of law, shall be paid as directed by the court, and shall be paid from any source of funds available for that purpose. Revised 8/26/16 (Replaces the 2016 NYSERDA Report Content Guide)Exhibit E 1 Purpose 2 37 2 Required Elements 2 37 3 Formatting 6 41 4 Submitting a Report to NYSERDA 7 42 5 Contacts 7 42 6 Required Elements Checklist 7 1 Purpose‌42

Appears in 1 contract

Samples: Contract Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!