Common use of Time of Application Clause in Contracts

Time of Application. For each progress payment period, the Subcontractor will submit its progress payment application to Honeywell for the Subcontract Work performed to date no later than seven (7) calendar days prior to the date that Honeywell’s progress payment application is required to be submitted to the Owner under the Contract, unless otherwise agreed. To the extent allowed under Subparagraph 13.2.6 of this Subcontract, the Subcontractor may include in its progress payment applications to Honeywell materials and equipment suitably stored at the site or elsewhere for use in performance of the Subcontract Work.

Time of Application. For each progress payment period, the Subcontractor will submit its progress payment application to Honeywell for the Subcontract Work performed to date no later than seven (7) calendar days prior to the date that Honeywell’s progress payment application is required to be submitted to the Owner or Honeywell’s customer under the Prime Contract or Prime Related Contract, unless otherwise agreed. To the extent allowed under Subparagraph 13.2.6 12.8 of this SubcontractPOSA, the Subcontractor may include in its progress payment applications to Honeywell materials and equipment suitably stored at the site or elsewhere for use in performance of the Subcontract Work.