Third Party Satisfaction Clause Samples
Third Party Satisfaction. In the event the Department issues a Termination Notice because of Service Provider’s Default, the Service Provider shall satisfy all undisputed obligations to its Subcontractors providing Services and all other third parties before the Department shall pay the Service Provider for Services rendered.
Third Party Satisfaction. In the event the Department issues a Termination Notice because of Contractor’s Default, the Contractor must demonstrate that it has satisfied all obligations to its subcontractors providing Services and all other third parties before the Department pays the Contractor for Services rendered.
Third Party Satisfaction. In the event FHKC issues a termination Notice because of Vendor’s Event of Default, Vendor shall satisfy all undisputed obligations to its Subcontractors providing Services and all other third parties before FHKC shall pay Vendor for Services rendered.