Review and Payment of Progress Payments Sample Clauses

Review and Payment of Progress Payments. ( 1 ) Time limit for the supervisor to review and submit the report to the Employer: Same as general terms . The deadline for the Employer to complete the approval and issue the Progress Payment Certificate: Same as general terms .
Sample 1
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Review and Payment of Progress Payments. ( 1 ) Unless otherwise agreed in the special contract terms, the Supervisor shall complete the review and submit it to the employer within 7 days after receiving the contractor's Progress Payment Application Form and related materials. The employer shall complete the approval and issue the Progress Payment Certificate within 7 days after receipt. If the employer fails to complete the approval and raise no objection within the time limit, the Progress Payment Certificate shall be deemed to have been issued. If the employer and the supervisor have any objection to the contractor's Progress Payment Application, they have the right to require the contractor to make corrections and provide additional information. The contractor shall submit the revised Progress Payment Application. The supervisor shall complete the review and submit it to the employer within 7 days after receiving the contractor's revised Progress Payment Application and related information. The employer shall issue a temporary progress payment certificate for the undisputed part to the contractor within 7 days after receiving the Progress Payment Application and related information submitted by the supervisor. The disputed part shall be handled in accordance with the provisions of Article 20 [Dispute Resolution].
Sample 1

Related to Review and Payment of Progress Payments

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • Governing Law THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Definitions For purposes of this Agreement:

  • NOW, THEREFORE the parties hereto agree as follows:

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

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