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. 34 5.11 Inspection and Appraisal................................. 35 5.12
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. 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. 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 individually or collectively equal to or greater than $1,000,000 per subdivision or $14,000,000 in the aggregate. 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. REVOLVING CREDIT AGREEMENT
PAYMENT OF CONTRACTORS. The Borrower will promptly pay, or cause to be paid, all contractors and materialmen the amounts due them, subject, however, to the right of the Borrower to contest the same in good faith.
PAYMENT OF CONTRACTORS. Tenant shall pay or cause to be paid when due all contractors, mechanics, materialmen, suppliers and similar Persons employed by or on behalf of Tenant in connection with the initial construction of the Building, subject to Tenant’s rights to contest the same, in accordance with Section 16.02 and in good faith.
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 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).
