Inspection and payments Sample Clauses

Inspection and payments. (i) The Authority’s Engineer may inspect the Project Highway at any time, but at least once every month, to ensure compliance with the Maintenance Requirements. It shall make a report of such inspection (“Maintenance Inspection Report”) stating in reasonable detail the Defects or deficiencies, if any, with particular reference to the Maintenance Requirements, the Maintenance Manual, and the Maintenance Programme, and send a copy thereof to the Authority and the Contractor within 10 (ten) days of such inspection. (ii) After the Contractor submits to the Authority’s Engineer the Monthly Maintenance Statement for the Project Highway pursuant to Clause 19.6, the Authority’s Engineer shall carry out an inspection within 10 (ten) days to certify the amount payable to the Contractor. The Authority’s Engineer shall inform the Contractor of its intention to carry out the inspection at least 3 (three) business days in advance of such inspection. The Contractor shall assist the Authority’s Engineer in verifying compliance with the Maintenance Requirements. (iii) For each case of non-compliance of Maintenance Requirements as specified in the inspection report of the Authority’s Engineer, the Authority’s Engineer shall calculate the amount of reduction in payment in accordance with the formula specified in Schedule-M. (iv) Any deduction made on account of non-compliance will not be paid subsequently even after establishing the compliance thereof. Such deductions will continue to be made every month until the compliance is procured.
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Inspection and payments. (i) The Authority’s Engineer may inspect the Project Highway at any time, but at least once every month, to ensure compliance with the Maintenance Requirements. It shall make a report of such inspection (“Maintenance Inspection Report”) stating in reasonable detail the Defects or deficiencies, if any, with particular reference to the Maintenance Requirements, the Maintenance Manual, and the Maintenance Programme, and send a copy thereof to the Authority and the Contractor within 10 (ten) days of such inspection. (ii) After the Contractor submits to the Authority’s Engineer the Monthly Maintenance Statement for the Project Highway pursuant to Clause 19.6, the Authority’s Engineer shall carry out an inspection within 10 (ten) days to certify the amount payable to the Contractor. The Authority’s Engineer shall inform the Contractor of its intention to carry out the inspection at least 3 (three) business days in advance of such inspection. The Contractor shall assist the Authority’s Engineer in verifying compliance with the Maintenance Requirements.
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Inspection and payments. The Authority’s Engineer may inspect the Project Highway at any time, but at least once every month, to ensure compliance with the Maintenance Requirements. It shall make a report of such inspection (“Maintenance Inspection Report”) stating in reasonable detail the Defects or deficiencies, if any, with particular reference to the Maintenance Requirements, the Maintenance Manual, and the Maintenance Programme, and send a copy thereof to the Authority and the Contractor within 10 (ten) days of such inspection.
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Inspection and payments. 15.2.1 The Employer’s Engineer may inspect the Project Works and at any time, but at least once every month, to ensure compliance with the Operation and Maintenance Requirements. It shall make a report of such inspection (“Operation and Maintenance Inspection Report”) stating in reasonable detail the Defects or deficiencies, if any, with particular reference to the Operation and Maintenance Requirements, the Operation and Maintenance Manual, and the Operation and Maintenance Programme, and send a copy thereof to the Employer and the Contractor within 10 (ten) days of such inspection. 15.2.2 After the Contractor submits to the Employer’s Engineer the Monthly Operation and Maintenance Statement for the Project Works pursuant to Clause 19.6, the Employer’s Engineer shall carry out an inspection within 10 (ten) days to certify the amount payable to the Contractor. The Employer’s Engineer shall inform the Contractor of its intention to carry out the inspection at least 3 (three) business days in advance of such inspection. The Contractor shall assist the Employer’s Engineer in verifying compliance with the Operation and Maintenance Requirements. 15.2.3 For each case of non-compliance of Operation and Maintenance Requirements as specified in the inspection report of the Employer’s Engineer, the Employer’s Engineer shall calculate the amount of reduction in payment in accordance with the formula specified in Schedule-M. 15.2.4 Any deduction made on account of non-compliance will not be paid subsequently even after establishing the compliance thereof. Such deductions will continue to be made every month until the compliance is procured.
Sample 1
Inspection and payments. 15.2.1 The Authority’s Engineer may inspect the Project at any time, but at least once every month, to ensure compliance with the Maintenance Requirements. It shall make a report of such inspection (“Maintenance Inspection Report”) stating in reasonable detail the Defects or deficiencies, if any, with particular reference to the Maintenance Requirements, the Maintenance Manual, and the Maintenance Programme, and send a copy thereof to the Authority and the Contractor within 10 (ten) days of such inspection. 15.2.2 Deleted. 15.2.3 For each case of non-compliance of Maintenance Requirements as specified in the inspection report of the Authority’s Engineer, the Authority’s Engineer shall calculate the amount of reduction in payment in accordance with the formula specified in Schedule-M. 15.2.4 Any deduction made on account of non-compliance will not be paid subsequently even after establishing the compliance thereof. Such deductions will continue to be made every month until the compliance is procured.
Sample 1
Inspection and payments. 15.2.1 The Employer’s Engineer may inspect the Project Works at any time, but at least once every month, to ensure compliance with the Maintenance Requirements. It shall make a report of such inspection (“Maintenance Inspection Report”) stating in reasonable detail the Defects or deficiencies, if any, with particular reference to the Maintenance Requirements, the Maintenance Manual, and the Maintenance Programme, and send a copy thereof to the Employer and the Contractor within 10 (ten) days of such inspection. 15.2.2 After the Contractor submits to the Employer’s Engineer the Quarterly Maintenance Statement for the Project Works pursuant to Clause 19.6, the Employer’s Engineer shall carry out an inspection within 10 (ten) days to certify the amount payable to the Contractor. The Employer’s Engineer shall inform the Contractor of its intention to carry out the inspection at least 3 (three) business days in advance of such inspection. The Contractor shall assist the Employer’s Engineer in verifying compliance with the Maintenance Requirements. 15.2.3 For each case of non-compliance of Maintenance Requirements as specified in the inspection report of the Employer’s Engineer, the Employer’s Engineer shall calculate the amount of reduction in payment in accordance with the formula specified in Schedule-M. 15.2.4 Any deduction made on account of non-compliance will be paid 75% of the value of work subsequently after establishing the compliance thereof.
Sample 1
Inspection and payments 
Sample 1

Related to Inspection and payments

  • Collection and Payment The Trustees shall have power to collect all property due to the Trust; to pay all claims, including taxes, against the Trust Property or the Trust, the Trustees or any officer, employee or agent of the Trust; to prosecute, defend, compromise or abandon any claims relating to the Trust Property or the Trust, or the Trustees or any officer, employee or agent of the Trust; to foreclose any security interest securing any obligations, by virtue of which any property is owed to the Trust; and to enter into releases, agreements and other instruments. Except to the extent required for a corporation formed under the Delaware General Corporation Law, the Shareholders shall have no power to vote as to whether or not a court action, legal proceeding or claim should or should not be brought or maintained derivatively or as a class action on behalf of the Trust or the Shareholders.

  • Authorization and payment If you use the card to purchase goods or services by instalments or to make payments on a recurring basis, you thereby authorize us to pay such instalments for you as they become due and you agree to make payment for each such instalment when we debit the same to your card account.

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • Reports and Payments All Returns (as defined below in clause (c) of this Section) required to be filed by or on behalf of the Borrower, the Guarantors, or any member of the Controlled Group (hereafter collectively called the “Tax Group”) have been duly filed on a timely basis or appropriate extensions have been obtained and such Returns are and will be true, complete and correct, except where the failure to so file would not be reasonably expected to cause a Material Adverse Change; and all Taxes shown to be payable on the Returns or on subsequent assessments with respect thereto will have been paid in full on a timely basis, and no other Taxes will be payable by the Tax Group with respect to items or periods covered by such Returns, except in each case to the extent of (i) reserves reflected in the Financial Statements and the Interim Financial Statements, or (ii) taxes that are being contested in good faith. The reserves for accrued Taxes reflected in the financial statements delivered to the Lenders under this Agreement are adequate in the aggregate for the payment of all unpaid Taxes, whether or not disputed, for the period ended as of the date thereof and for any period prior thereto, and for which the Tax Group may be liable in its own right, as withholding agent or as a transferee of the assets of, or successor to, any Person.