Examples of Payment Claim Date in a sentence
In the same instruction the Contractor shall specify the first Payment Claim Date for the Sub-Contract which shall be not more than 30 days after the Commencement Date and may also provide a list of subsequent Payment Claim Dates which shall be not more than 30 days apart [see Clause 11(a)].
The Payment Claim Date for the Final Payment Claim shall be either 30 days after the date of the Certificate of Substantial Completion or the date of submission of the Final Payment Claim if earlier.
Within 30 days of the applicable Payment Claim Date the Contractor will pay to the Sub- Contractor the amount due in respect of the Final Payment Claim.
Payment Claim Date is the last day of each period in respect of which the Sub-Contractor issues an Interim Payment Claim or a Final Payment Claim and the date by which the Sub- Contractor is required to submit an Interim Payment Claim or a Final Payment Claim.
Alternatively the Contractor, when notifying the first Payment Claim Date may provide to the Sub-Contractor a list of subsequent Payment Claim Dates which shall be not more than 30 days apart.
Subsequent Payment Claim Dates will be 30 calendar days or such shorter time as is entered in the Appendix Part 1 after the previous Payment Claim Date.
Clause 11(a) Payment Claim Dates (if more frequent than every 30 days) shall be every days or on the dates (not more than 30 days apart) to be advised by the Contractor when notifying the first Payment Claim Date.
If the sum to be paid by the Contractor to the Sub-Contractor is less than shown on the Sub-Contractor’s Payment Claim the Contractor, shall not later than 21 days after the Payment Claim Date deliver a written response to the Sub-Contractor stating the amount the Contractor proposes to pay and providing a statement showing how the sum to be paid has been computed, giving reasons for the difference between the sum to be paid and the sum claimed in the Payment Claim.
If the sum to be paid by theContractor to the Sub-Contractor is less than shown on the Sub-Contractor’s Payment Claim the Contractor, shall not later than 21 days after the Payment Claim Date, deliver a written response to the Sub-Contractor stating the amount the Contractor proposes to pay and providing a statement showing how the sum to be paid has been computed, giving reasons for the difference between the sum to be paid and the sum claimed in the Payment Claim.
The Payment Claim Date for the Final Payment Claim shall be either 30 days after the date of the Certificate of Practical Completion or the date of submission of the Final Payment Claim if earlier.