Common use of Notice of Payment Approval Clause in Contracts

Notice of Payment Approval. Within 20 days of the Department being satisfied that the prerequisites set out in clause 5.3 have been met by the Recipient, the Department will notify the Recipient in writing that: the prerequisites in clause 5.3 have been satisfied; and the Department has approved the payment of the Funding Amount to the Recipient to the account details outlined in the Recipient's Tax Invoice. Upon receipt of the Funding Amount, the Recipient expressly consents to the public release of all Physical Samples (including details of the Physical Samples), and for the Physical Samples to be made publicly available, at the expiry of the Confidentiality Period. The Recipient acknowledges that such consent will constitute the necessary written consent for the public release of the Physical Samples for the purposes of the Relevant Legislation.