DEFICIENT REQUESTS FOR PAYMENT Sample Clauses

DEFICIENT REQUESTS FOR PAYMENT. Should Owner and the Lenders believe any Request for Payment is non-conforming (by being incomplete or inaccurate or by not otherwise satisfying the requirements for a Request for Payment hereunder), Owner shall have the right, in its sole discretion, to (a) request additional information with respect to such non-conforming Request for Payment or (b) reject the non-conforming portion of a Request for Payment, but pay the undisputed portion in accordance with this Agreement. It is understood and agreed by the Parties that any Request for Payment which is non-conforming, to the extent of such non-conformance, shall not constitute a valid and proper Request for Payment, and Owner shall not be obligated to make payment of any disputed amounts related to such non-conformance until Contractor revises the Request for Payment or submits a Request for Payment in proper form.
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DEFICIENT REQUESTS FOR PAYMENT. The Division may disallow a Request for Payment, in whole or in part, in the event the Request for Payment is deficient. Examples of deficient Requests for Payment include the lack of required signatures, lack of required supporting documentation, computational errors, seeking reimbursement for unallowable costs, or questions concerning whether the reported expenditures are permissible under this Agreement and applicable law and regulations. If a Request for Payment is disallowed, in whole or in part, the Division shall return to the Grantee the disallowed Request for Payment and accompanying documentation, and will notify the Grantee in writing of the nature of the deficiency and what the Grantee must do to correct it.
DEFICIENT REQUESTS FOR PAYMENT. Should Owner and the Lenders believe any Request for Payment is non-conforming (by being incomplete or inaccurate or by not otherwise satisfying the requirements for a Request for Payment hereunder), Owner shall have the right, in its sole discretion, to (a) request additional information with respect to such non-conforming Request for Payment or (b) reject the non-conforming portion of a Request for Payment, but pay the undisputed portion in accordance with
DEFICIENT REQUESTS FOR PAYMENT. Contractor shall not submit for Owner's review and approval any Request for Payment which is nonconforming, incomplete or inaccurate or which lacks the detail, specificity or supporting documentation required by this Article 12. Owner and Lender shall review each Request for Payment and may make exceptions deemed necessary or appropriate if and to the extent such Request for Payment is deficient in any such manner. Any Request for Payment which is deficient shall not, to the extent of any such deficiency, constitute a valid and proper Request for Payment, and Contractor shall be required to resubmit said Request for Payment, to the extent of any such deficiency, in proper form before Owner incurs any obligation to make payment of any amounts in respect of which said Request for Payment was deficient. Owner shall pay to Contractor any amounts in respect of which said Request for Payment was not deficient. Contractor's obligation to resubmit a Request for Payment because of a deficiency is conditioned upon Contractor's receipt of written notice from Owner which describes such deficiency in reasonable detail. Contractor specifically agrees that it shall not request in any Request for Payment the payment of any sum attributable to Work which has been rejected by Owner or Contractor or which otherwise constitutes or relates to a Subcontractor's application for payment, billings or invoices which Contractor disputes or for any other reasxx xxxx not intend to pay. A revised Request for Payment correcting any deficiencies shall be paid by Owner in accordance with Section 12.5.
DEFICIENT REQUESTS FOR PAYMENT. It is understood and agreed by Contractor and Owner that any invoice which is nonconforming, incomplete or inaccurate or which lacks the detail, specificity or supporting documentation required by this Article 19 shall not, to the extent of such deficiency, constitute a valid and proper invoice, and Owner shall not have any obligation to make payment of amounts in respect of which such invoice was deficient until Contractor shall have resubmitted said invoice, to the extent of such deficiency, in proper form.

Related to DEFICIENT REQUESTS FOR PAYMENT

  • Payment Requests Review applications for payment with Contractor for compliance with the established procedure for their submission and forward with recommendations to Engineer, noting particularly the relationship of the payment requested to the schedule of values, Work completed, and materials and equipment delivered at the Site but not incorporated in the Work.

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