Common use of Reduction in Amount of Claim Clause in Contracts

Reduction in Amount of Claim. The amount otherwise due Design-Builder under this Article 8 shall be reduced by: (a) the amount of any valid claim which Department may have against Design-Builder in connection with this Agreement; and (b) the agreed price for, or the proceeds of sale of, materials, supplies or other things previously paid for by the Department and to be retained by Design-Builder or sold by the Design-Builder (with the proceeds being retained by the Design- Builder), pursuant to the provisions of this Article 8.

Appears in 4 contracts

Samples: cdn.cocodoc.com, virginiadot.org, www.virginiadot.org

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Reduction in Amount of Claim. The amount otherwise due Design-Builder under this Article 8 shall be reduced by: (a) the amount of any valid claim which Department may have against Design-Builder in connection with this Agreement; and (b) the agreed price for, or the proceeds of sale of, materials, supplies or other things previously paid for by the Department and to be retained by Design-Builder or sold by the Design-Builder (with the proceeds being retained by the Design- Design-Builder), pursuant to the provisions of this Article 8.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

Reduction in Amount of Claim. The amount otherwise due Design-Builder under this Article 8 shall be reduced by: by (ai) the amount of any valid claim which Department may have against Design-Builder in connection with this Agreement; Agreement and (bii) the agreed price for, or the proceeds of sale of, materials, supplies or other things previously paid for by the Department and to be retained by Design-Builder or sold by the Design-Builder (with the proceeds being retained by the Design- Design-Builder), pursuant to the provisions of this Article 8.

Appears in 4 contracts

Samples: Comprehensive Agreement, Comprehensive Agreement, Comprehensive Agreement

Reduction in Amount of Claim. The amount otherwise due Design-Builder under this Article 8 shall be reduced by: (a) the amount of any valid claim which Department may have against Design-Builder in connection with this Agreement; and (b) the agreed price for, or the proceeds of sale of, materials, supplies or other things previously paid for by the Department and to be retained by Design-Builder or sold by the Design-Builder (with the proceeds being retained by the Design- Design-Builder), pursuant to the provisions of this Article 8.

Appears in 2 contracts

Samples: Agreement, Agreement

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Reduction in Amount of Claim. The amount otherwise due Design-Builder under this Article 8 shall be reduced by: (a) the amount of any valid claim which Department may have against Design-Builder in connection with this Agreement; Agreement and (b) the agreed price for, or the proceeds of sale of, materials, supplies or other things previously paid for by the Department and to be retained by Design-Builder or sold by the Design-Builder (with the proceeds being retained by the Design- Design-Builder), pursuant to the provisions of this Article 8.

Appears in 1 contract

Samples: Comprehensive Agreement

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