Common use of Payment Claims Against P&P Letter of Credit Clause in Contracts

Payment Claims Against P&P Letter of Credit. 7.2.3.1 Payment claims against the P&P Letter of Credit shall be governed by this Section 7.2.3. To ensure that all potential claimants receive notice of the procedures set forth in this Section 7.2.3, DB Contractor shall require that Sections 7.2.3.2 through 7.2.3.7 be restated, with the blanks filled in, in each Subcontract that includes Maintenance Services during the Maintenance Period and in all Subcontracts thereunder (including contracts with Suppliers) that include Maintenance Services during the Maintenance Period. In addition, each such Subcontract shall include a provision requiring the Subcontractor to provide formal notice regarding the claims procedures under this Section 7.2.3 to each employee performing public work labor (as such term is defined in Texas Government Code Section 2253.001) under the Subcontract, in the same manner in which equal opportunity notices are required to be given to employees.

Payment Claims Against P&P Letter of Credit. 7.2.3.1 3.3.1.8.1 Payment claims against the P&P Letter of Credit shall be governed by this Section 7.2.33.3.1.8. To ensure that all potential claimants receive notice of the procedures set forth in this Section 7.2.33.3.1.8, DB Contractor shall require that Sections 7.2.3.2 3.3.1.8.2 through 7.2.3.7 3.3.1.8.7 be restated, with the blanks filled in, in each Subcontract that includes Maintenance Services during the Maintenance Period and in all Subcontracts thereunder (including contracts with Suppliers) that include Maintenance Services during the Maintenance Period. In addition, each such Subcontract shall include a provision requiring the Subcontractor to provide formal notice regarding the claims procedures under this Section 7.2.3 3.3.1.8 to each employee performing public work labor (as such term is defined in Texas Government Code Section 2253.001) under the Subcontract, in the same manner in which equal opportunity notices are required to be given to employees.