Payment Audit definition

Payment Audit shall have the meaning set forth in Section 6(c)(iv) hereof.
Sample 1Sample 2
Payment Audit shall have the meaning set forth in Section 2.4.
Sample 1

Examples of Payment Audit in a sentence

  • If the contractor does not pay the full amount of any invoice from a subcontractor, the contractor shall note that and provide the reasons in the comment section of the Monthly Payment Audit of the DBE System.

  • If the contractor does not pay the full amount of any invoice from a subcontractor, the contractor shall note that and provide the reasons in the comment section of the Monthly Payment Audit of the LPA DBE System.

  • Officer Vacancies In the event that an Officer fails to complete his or term of office for any reason whatsoever, the Board may appoint another individual (qualified in accordance with these Bylaws) to complete such term of office.

  • For those contracts designated as Labor and Material reimbursement or similar type contracts, the contractor shall submit to the Contract Payment Audit Group no later than 60 days from the period of when the work occurred, acceptable proof of labor and material costs specific to the approved scope of work as verified by the Directors Representative, to the Contracting Officer for audit, verification and approval prior to the submission of any payment.

  • If the consultant does not pay the full amount of any invoice from a subcontractor, the consultant shall note that and provide the reasons in the comment section of the Monthly Payment Audit of the LPA DBE System.

  • If the consultant does not pay the full amount of any invoice from a subconsultant, the consultant shall note that and provide the reasons in the comment section of the Monthly Payment Audit of the ADOT DBE System.

  • If the consultant does not pay the full amount of any invoice from a subconsultant, the consultant shall note that and provide the reasons in the comment section of the Monthly Payment Audit of the DBE System.

  • The Royalty Earn Out Payment Audit Right may not be exercised by the Liquidating Trustee more than one time every calendar quarter.

  • The Liquidating Trustee shall have the Royalty Earn Out Payment Audit Right.

  • And, provides: • Examples of Fraud, Waste, and Abuse.• Instructions for reporting suspected provider and member fraud and abuse to Molina.• Prepayment Fraud, Waste, and Abuse detections activities.• Post Payment Audit recoveries.

Related to Payment Audit

  • Independent Auditor has the meaning specified in subsection 7.01(a).

  • Payment request means any request for contract financing payment or invoice payment submitted by the contractor under this contract.

  • Payment Statement As defined in Section 6.01 hereof.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Progress Report means the report similar in form and content to that attached hereto as Appendix III.

  • Contract Adjustment Payments means amounts payable by the Company on each Contract Adjustment Payment Date in respect of each Purchase Contract, at a rate per year of 2.725% on the Stated Amount per Purchase Contract.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Tax Audit means any audit, assessment, or other examination relating to Taxes by any Tax Authority or any judicial or administrative proceedings relating to Taxes.

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • Independent Auditors has the meaning set forth in Section 3.2.

  • Audit means the examination of a person or the inspection of the books, records, memoranda, or accounts of a person, ordered to appear before the Tax Administrator, for the purpose of determining liability for a municipal income tax.

  • Payment Item means each check, draft or other item of payment payable to a Borrower, including those constituting proceeds of any Collateral.

  • Payment Claim means the claim for payment made by the Contractor in accordance with this Contract.

  • Conversion Valuation Appraisal Report Page: 4 ================================================================================

  • Reconciliation Amount has the meaning given to it in paragraph 9.9 of Schedule 9.1 (Financial and Other Consequences of Change);

  • Payment Date Report has the meaning assigned to such term in Section 8.07(b).

  • Initial Audit is Bank’s inspection of Borrower’s Accounts, the Collateral, and Borrower’s Books, with results satisfactory to Bank in its sole and absolute discretion.

  • Settlement Report a report summarizing Revolver Loans and participations in LC Obligations outstanding as of a given settlement date, allocated to Lenders on a Pro Rata basis in accordance with their Revolver Commitments.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Environmental Audit means, with respect to each Property, a Phase One environmental site assessment (the scope and performance of which meets or exceeds the then most current ASTM Standard Practice E1527 for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of such Property.