Examples of Winning Party in a sentence
Upon receipt of the written request, the Principal should serve a notice in writing on the Losing Party to require proof of payment and state that direct payment would be made after the expiry of 10 working days of service of thenotice.If such proof of payment requested is not forwarded to the Principal within the time limit stipulated, the Principal shall be obliged to pay the adjudicated amount directly to the Winning Party.
Direct Payment from Principal Any party who acts as the principal (“Principal”) of the Losing Party may now be compelled to make direct payment to the Winning Party of the amounts due under an adjudication decision pursuant to section 30of the Act.
In the event of non-payment of the adjudicated amount,the Winning Party may: (a) suspend performance or reduce the rate of progress ofperformance of construction work or consultancy services; and/or(b) seek direct payment from the principal of the party against whom the adjudication decision is made (“Losing Party”).
The Winning Party Manifesto therefore is the basic source of public policy – what the people have endorsed in the general election.
Section 29(4) of the Act provides safeguards for the Winning Party who exercises this right in that it provides that such party: (a) would not be in breach of contract;(b) would be entitled to a fair and reasonable extension of time to complete his obligations under the contract; and(c) would be entitled to recover any loss and expense incurred as a result thereof.
The Winning Party will then be entitled to such remedy upon expiry of the stipulated 14 calendar days.
Section 30(4) then entitles the Principal to recover the amount paid as a debt or set-off thesame from any money due or payable to the Losing Party by the Principal.It is to be noted that unless a stay is granted under section 16 of the Act, the Winning Party has the option of exercising any or all of the remedies provided in the Act concurrently to enforce the adjudication decision.
However, it is also provided that the Winning Party who exercises such right shall resume performance or the rate of progress of performance in accordance with the contract within 10 working days after being paid the adjudicated amount or any amount determined by arbitration or the court.
Notwithstanding anything herein to the contrary, if any issue with respect to any Mortgage Loan is decided pursuant to an Arbitration Review and American General is the Winning Party of the related arbitration then in no event shall (i) there be any arbitration in connection with a substantially similar issue with respect to such Mortgage Loan or (ii) the applicable Seller or American General be required to repurchase such Mortgage Loan in connection with any substantially similar issue.
Live Dashboard Statistics Here you can see the live statistics of voting When Admin Clicks End voting button in Admin Panel the Winning Party name is Shown and results are mailed to all users.