Common use of District’s Approval of Application for Tenant Improvement Payment Clause in Contracts

District’s Approval of Application for Tenant Improvement Payment. 19.3.1. Upon receipt of an Application for Tenant Improvement Payment, The District shall act in accordance with both of the following: 19.3.1.1. Each Application for Tenant Improvement Payment shall be reviewed by the District as soon as practicable after receipt for the purpose of determining that the Application for Tenant Improvement Payment is a proper Application for Tenant Improvement Payment. 19.3.1.2. Any Application for Tenant Improvement Payment determined not to be a proper Application for Tenant Improvement Payment suitable for payment shall be returned to the Developer as soon as practicable, but not later than seven (7) days, after receipt. An Application for Tenant Improvement Payment returned pursuant to this paragraph shall be accompanied by a document setting forth in writing the reasons why the Application for Tenant Improvement Payment is not proper. The number of days available to the District to make a payment without incurring interest pursuant to this section shall be reduced by the number of days by which the District exceeds this seven-day return requirement. 19.3.1.3. An Application for Tenant Improvement Payment shall be considered properly executed if funds are available for payment of the Application for Tenant Improvement Payment, and payment is not delayed due to an audit inquiry by a financial officer or auditor of the District, the County, or the State. 19.3.2. The District’s review of the Developer’s Application for Tenant Improvement Payment will be based on the District’s and the Architect’s observations at the Site and the data comprising the Application for Tenant Improvement Payment that the Work has progressed to the point indicated and 19.3.2.1. Observation of the Work for general conformance with the Contract Documents, 19.3.2.2. Results of subsequent tests and inspections, 19.3.2.3. Minor deviations from the Contract Documents correctable prior to Project Completion, and 19.3.2.4. Specific qualifications expressed by the Architect. 19.3.3. District’s approval of the certified Application for Tenant Improvement Payment shall be based on Developer complying with all requirements for a fully complete and valid certified Application for Tenant Improvement Payment.

Appears in 4 contracts

Samples: Master Facilities Lease, Master Facilities Lease, Facilities Lease

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District’s Approval of Application for Tenant Improvement Payment. 19.3.1. Upon receipt of an Application for Tenant Improvement Payment, The District shall act in accordance with both of the following: 19.3.1.1. Each Application for Tenant Improvement Payment shall be reviewed by the District as soon as practicable after receipt for the purpose of determining that the Application for Tenant Improvement Payment is a proper Application for Tenant Improvement Payment. 19.3.1.2. Any Application for Tenant Improvement Payment determined not to be a proper Application for Tenant Improvement Payment suitable for payment shall be returned to the Developer as soon as practicable, but not later than seven (7) days, after receipt. An Application for Tenant Improvement Payment returned pursuant to this paragraph shall be accompanied by a document setting forth in writing the reasons why the Application for Tenant Improvement Payment is not proper. The number of days available to the District to make a payment without incurring interest pursuant to this section shall be reduced by the number of days by which the District exceeds this seven-day return requirement. 19.3.1.3. An Application for Tenant Improvement Payment shall be considered properly executed if funds are available for payment of the Application for Tenant Improvement Payment, and payment is not delayed due to an audit inquiry by a financial officer or auditor of the District, the County, or the State. 19.3.2. The District’s review of the Developer’s Application for Tenant Improvement Payment will be based on the District’s and the Architect’s observations at the Site and the data comprising the Application for Tenant Improvement Payment that the Work has progressed to the point indicated andand that, to the best of the District’s and the Architect’s knowledge, information, and belief, the quality of the Work is in accordance with the Contract Documents. The foregoing representations are subject to: 19.3.2.1. Observation of the Work for general conformance with the Contract Documents, 19.3.2.2. Results of subsequent tests and inspections, 19.3.2.3. Minor deviations from the Contract Documents correctable prior to Project Completion, and 19.3.2.4. Specific qualifications expressed by the Architect. 19.3.3. District’s approval of the certified Application for Tenant Improvement Payment shall be based on Developer complying with all requirements for a fully complete and valid certified Application for Tenant Improvement Payment.

Appears in 1 contract

Samples: Facilities Lease

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