Common use of PAYMENT AND CLOSEOUT Clause in Contracts

PAYMENT AND CLOSEOUT. For the purposes of these Terms and Conditions, the following definitions apply: “payment” is EPA’s transfer of funds to the CAR; “closeout” refers to the process EPA follows to ensure that all administrative actions and work required under the cooperative agreement have been completed.

PAYMENT AND CLOSEOUT. For the purposes of these Terms terms and Conditionsconditions , the following definitions applyapply : “payment” is the U.S. EPA’s transfer of funds to the CARCAR ; “closeoutclose out” refers to the process that the U.S. EPA follows to ensure that all administrative actions and work required under the cooperative agreement have been completedcompleted .

PAYMENT AND CLOSEOUT. For the purposes of these Terms terms and Conditionsconditions, the following definitions apply: “payment” is the EPA’s transfer of funds to the CAR; “closeoutclose out” refers to the process that EPA follows to ensure that all administrative actions and work required under the cooperative agreement have been completed.