Common use of Two-Party Check Option Clause in Contracts

Two-Party Check Option. The Alternative Requests for Reimbursement establishes a two-party check option allowing the State to pay both a Transit Provider and a vendor by issuing a single check to both payees. It is often used in the context of purchasing a vehicle. Both parties (e.g., Transit Provider and Vendor) are required to endorse the check.

Appears in 4 contracts

Samples: Public Transportation Master Grant Agreement, Master Grant Agreement, Public Transportation Master Grant Agreement

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Two-Party Check Option. The Alternative Requests for Reimbursement establishes a two-two- party check option allowing the State to pay both a Transit Provider and a vendor by issuing a single check to both payees. It is often used in the context of purchasing a vehicle. Both parties (e.g., e.g. Transit Provider and Vendor) are required to endorse the check.

Appears in 2 contracts

Samples: Public Transportation Master Grant Agreement, Public Transportation Master Grant Agreement

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