PAYMENT OF CONTRACTORS. Tenant shall promptly pay the cost of all Tenant Work so that Tenant’s premises and the Building shall be free of liens for labor or materials. If any mechanic’s lien is filed against the Building or any part thereof which is claimed to be attributable to the Tenant, its agents, employees or contractors, Tenant shall give immediate notice of such lien to the Landlord and shall promptly discharge the same by payment or filing any necessary bond within 10 days after Tenant has first notice of such mechanic’s lien.
PAYMENT OF CONTRACTORS. The Borrower shall pay in a timely manner, and shall cause its Restricted Subsidiaries to pay in a timely manner, any and all contractors and subcontractors who conduct work in or on the Inventory, subject to the right of the Borrower to contest any amount in dispute, so long as the contesting of such amount is pursued diligently and in good faith. The Borrower will advise the Administrative Agent in writing immediately if the Borrower or any of its Restricted Subsidiaries receives any written notice from any contractor(s), subcontractor(s) or material furnisher(s) to the effect that said contractor(s) or material furnisher(s) have not been paid for any labor or materials furnished to or in the Inventory and such outstanding payment or payments are individually or collectively equal to or greater than one million and no/100 dollars ($1,000,000.00) per subdivision or fourteen million and no/100 dollars ($14,000,000.00) in the aggregate. The Borrower will further make available to the Administrative Agent, for inspection and copying, on demand, any contracts, bills of sale, statements, receipted vouchers or agreements, under which the Borrower claims title to any materials, fixtures or articles used in the development of the Loan Inventory or construction of improvements on the Loan Inventory including, without limitation, the Dwellings.
PAYMENT OF CONTRACTORS. The Borrower will promptly pay all contractors and materialmen the amounts due them in connection with the Project.
PAYMENT OF CONTRACTORS. 38 5.10 Inspection and Appraisal........................................38 5.11
PAYMENT OF CONTRACTORS. Borrower shall pay in a timely manner, and shall cause its Restricted Subsidiaries to pay in a timely manner, any and all contractors and subcontractors who conduct work in or on the Inventory, subject to the right of Borrower to contest any amount in dispute, so long as the contesting of such amount is pursued diligently and in good faith. Borrower will advise Administrative Agent in writing immediately if Borrower or any of its Restricted Subsidiaries receives any written notice from any contractor(s), subcontractor(s) or material furnisher(s) to the effect that said contractor(s), subcontractor(s) or material furnisher(s) have not been paid for any labor or materials furnished to or in the Inventory and such outstanding payment or payments are in an aggregate amount which could reasonably be expected to result in a Material Adverse Event. Borrower will further make available to Administrative Agent, for inspection and copying, on demand, any contracts, bills of sale, statements, receipted vouchers, or agreements, under which Borrower or any Restricted Subsidiary claims title to any materials, fixtures, or articles used in the development of the Loan Inventory or construction of improvements on the Loan Inventory including, without limitation, the Dwellings.
PAYMENT OF CONTRACTORS. The Borrower will promptly pay or cause to be paid all of the contractors, subcontractors and materialmen performing work in connection with the Facility the amounts justly due to them, and receive the disbursements from the Facility Fund, and apply such disbursements solely for the purpose of paying the costs of the completion of the Facility. No person contracting with the Borrower with respect to the acquisition of the Facility shall have the right to be reimbursed by the Bank or the Trustee under any circumstances whatsoever. The participation of the Bank and the Trustee in the transactions contemplated hereby shall not in any way be construed as obligating the Bank or the Trustee to any person or entity for the payment of any expense incurred with respect to the acquisition of the Facility.
PAYMENT OF CONTRACTORS. The Construction Manager shall develop and implement, subject to District review and approval, a procedure for the review, processing and payment of invoices for progress and final payments to the prime contractors on the Trade Contracts (“Trade Contractors”) and the contractor on any General Contract (“General Contractor”), and resolution of disputes related thereto.
PAYMENT OF CONTRACTORS. After completion of services, the vendor is required to submit an invoice which includes vendor name and remit address, purchase order number, dates of service and invoice total. The invoice should be sent to the Accounts Payable Department for processing and payment: Puyallup School District ATTN: Accounts Payable PO Box 370 Puyallup, WA 98371 Contract Revisions Contracts may be revised, but the revision must be issued for the same scope of work or project. Contact the Purchasing Office for assistance (x6502).
PAYMENT OF CONTRACTORS. Borrower will advise Bank in writing immediately if Borrower receives any notice, written or oral, from any laborer, contractor, subcontractor, materialmen, or other party to the effect that said party has not been paid for any labor, services, or materials furnished to or in the Project, and Borrower will deliver to Bank on demand, any contracts, bills of sale, statements, receipted vouchers or agreements, under which Borrower claims title to any materials, fixtures or articles used in the construction of the Improvements. Borrower shall comply with the Construction Contract Prompt Payment Law contained in the Florida Construction Lien Law, Chapter 713, Fla. Stat.
PAYMENT OF CONTRACTORS. Borrower covenants to advise Bank immediately, and in writing if Borrower receives any claim of lien in connection with any services, labor or materials furnished in connection with the construction of Units, and to remove such liens within thirty (30) days of the date of filing. Borrower shall comply with the Construction Contract Prompt Payment Law contained in the Florida Construction Lien Law, Chapter 713, Fla. Stat. Notwithstanding the foregoing, Borrower shall not be in Default under this paragraph if the number and amount of such liens are under the amounts set forth in Section 9.1(g).
