Interest Waiver. Contractor hereby waives any and all claims or rights to interest on money claimed to be due pursuant to this CONTRACT, and all such rights to interest to which it may otherwise be entitled pursuant to law, including, but not limited to, pursuant to the Local Government Prompt Payment Act, (50 ILCS 505/1, et seq.), as amended or the Illinois Interest Act (815 ILCS 205/1, et.seq).as amended.
Appears in 2 contracts
Samples: Demolition Agreement, Demolition Agreement
Interest Waiver. Contractor hereby waives any and all claims or rights to interest on money claimed to be due pursuant to this CONTRACTAgreement, and all such rights to interest to which it may otherwise be entitled pursuant to law, including, but not limited to, pursuant to the Local Government Prompt Payment Act, (50 ILCS 505/1, 505/1 et seq.), ) as amended or the Illinois Interest Act (815 ILCS 205/1, et.seq).as et seq.) as amended.
Appears in 1 contract
Samples: Route 56 Headwall Repair Amendment
Interest Waiver. Contractor hereby waives any and all claims or rights to interest on money claimed to be due pursuant to this CONTRACT, and all such rights to interest to which it may otherwise be entitled pursuant to law, including, but not limited to, pursuant to the Local Government Prompt Payment Act, (50 ILCS 505/1, et seq.), as amended or the Illinois Interest Act (815 ILCS 205/1, et.seq).as amended.,
Appears in 1 contract
