Processing Payment Requests for Authorized Payments. (a) Within ten (10) days after receipt of a Payment Request for an Authorized Payment, the Agency Director will review the Payment Request to confirm that it is complete and the calculations are accurate and notify Developer whether the Payment Request is complete and Approved (which will be confirmed by counter-signing the Payment Request), and, if not, specify the reason(s) for any disapproval. Xxxxxxxxx agrees to cooperate with the Agency Director in conducting each such review and to provide the Agency Director with such additional information and documentation as is reasonably necessary for the Agency Director to conclude each such review. If the Payment Request is disapproved, Developer may resubmit it for approval, and the Agency Director will review it within the amount of time that is reasonable in light of the materiality of the reasons for disapproval, not to exceed ten (10) days. If the Agency Director fails to notify Developer that a Payment Request is Approved or disapproved within the review period, then the Payment Request will be Deemed Approved.
Appears in 3 contracts
Samples: Acquisition and Reimbursement Agreement, Acquisition and Reimbursement Agreement, Acquisition and Reimbursement Agreement
Processing Payment Requests for Authorized Payments. (a) Within ten (10) days after receipt of a Payment Request for an Authorized Payment, the Agency Director will review the Payment Request to confirm that it is complete and the calculations are accurate and notify Developer whether the Payment Request is complete and Approved (which will be confirmed by counter-signing the Payment Request), and, if not, specify the reason(s) for any disapproval. Xxxxxxxxx Developer agrees to cooperate with the Agency Director in conducting each such review and to provide the Agency Director with such additional information and documentation as is reasonably necessary for the Agency Director to conclude each such review. If the Payment Request is disapproved, Developer may resubmit it for approval, and the Agency Director will review it within the amount of time that is reasonable in light of the materiality of the reasons for disapproval, not to exceed ten (10) days. If the Agency Director fails to notify Developer that a Payment Request is Approved or disapproved within the review period, then the Payment Request will be Deemed Approved.
Appears in 2 contracts
Samples: Acquisition and Reimbursement Agreement, Acquisition and Reimbursement Agreement
