Disbursement of Undisputed Amounts. In the event of any dispute, the Department shall disburse the amount of the Draw Request not in dispute, and fund any disputed amount promptly upon resolution of the dispute. Disputed amounts shall not be deducted from the Department’s Program Funds, but shall be available for disbursement for other approved costs in accordance with the Sources and Uses of Funds. The Department and Recipient shall seek to resolve any disputes promptly and in good faith.
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Samples: Affordable Housing and Sustainable Communities Program Disbursement Agreement, Disbursement Agreement, Disbursement Agreement
Disbursement of Undisputed Amounts. In the event of any dispute, the Department shall disburse the amount of the Draw Request not in dispute, dispute and fund any disputed amount promptly upon resolution of the dispute. Disputed amounts shall not be deducted from the Department’s Program Funds, Loan but shall be available for disbursement for other approved costs in accordance with the Sources and Uses of Fundsthis Agreement. The Department and Recipient shall seek to resolve any disputes promptly and in good faith.. COMPLETION OF WORK
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Samples: www.hcd.ca.gov
