Town’s Determination Sample Clauses

Town’s Determination. (1) The amounts payable by the Contractor and the Town under clause 25.6(4) will be determined by an independent arbitrator, acting reasonably. (2) The independent arbitrator will give notice of his or her determination under this clause to the Contractor. Subject to this clause, any amounts payable must be paid within 14 days of the receipt of notice of the independent arbitrator’s determination. (3) The Town may retain any moneys payable to the Contractor, until any amount payable by the Contractor to the Town has been determined by the independent arbitrator pursuant to this clause and paid by the Contractor.