Failure to Make. Payment In the event a participating Authorized User fails to make payment to the Contractor for Products delivered, accepted and properly invoiced, within 30 calendar days of such delivery and acceptance, the Contractor may, upon five business days advance written notice to both the Commissioner and the Authorized User’s purchasing official, suspend additional provision of Products to such entity until such time as reasonable arrangements have been made and assurances given by such entity for current and future Contract payments.
Failure to Make. Payments When Due --------------------------------- Failure to pay any installment of principal of the Bridge Loan when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise (whether or not such payment is prohibited by Section 8); or failure to pay any interest on the Bridge Loan or any other amount due under this Agreement within five days or more after the date due (whether or not such payment is prohibited by Section 8); or
Failure to Make. CAPITATION PAYMENTS ----------------------------------- Failure by TDH to make capitation payments when due is a default under this contract.
Failure to Make. Payment In the event a participating Authorized User fails to make payment to the Contractor for Products
Failure to Make. Payment In the event a participating Authorized User fails to make payment to the Contractor for Products delivered, accepted and properly invoiced, within 60 calendar days of such delivery and acceptance, the Contractor may, upon five business days advance written notice to both the Commissioner and the Authorized User’s purchasing official, suspend additional provision of Products to such entity until such time as reasonable arrangements have been made and assurances given by such entity for current and future Contract payments.
B. Section 43 (Termination) subparagraph (b) (For Convenience) is hereby deleted in its entirety.
4.40 Performance and Bid Bonds There are no bonds for this Contract. The Commissioner of OGS has determined that no performance, payment or Bid bond, or negotiable irrevocable letter of credit or other form of security for the faithful performance of the Contract is required at any time during the term of this Contract.
4.41 Investigation New York State reserves the right, in its sole discretion, to investigate or make any inquiry into the capacity of Contractor to properly perform under this Contract during the duration of the Contract term.
4.42 Supplier/Manufacturer’s Certificate Contractor’s submission of the Supplier’s letter or certification from the refiner or distributor in response to the Solicitation guarantees that the Contractor is an authorized dealer or distributor, and has agreed to supply the Contractor with all quantities of Products required by the Contractor in fulfillment of its obligation under this Contract. The Commissioner reserves the right to investigate or make any inquiry into the capabilities of the Contractor to properly perform under this Contract.
