Examples of Utilization in a sentence
For contracts valued $50,000 or more, the Consultant shall submit a Monthly Subconsultant Payment and Utilization Report (MUR), made part of this contract by reference, reporting ALL subconsultants employed in the performance of this agreement.
Contractor and Contractor’s subcontractors and suppliers must submit Monthly Employment Utilization Reports by the fifth (5th) day of the subsequent month.
The Contractor will also submit a Subcontractor Utilization Report (Schedule B) indicating the amount invoiced by each Subcontractor and the invoiced amounts paid to date to each firm.
The Loan utilizations shall be made by the Notice of Utilization and Debt Assumption of the Borrower and/or the document on the payment progress.
Unless otherwise agreed by the Bank, subject to conditions precedent stipulated under Clause 2.3 below and at the sole discretion of the Bank, the Loan utilization shall be as follows: ☐ For one-time utilization: the utilization shall be applicable for the Loan’s purposes in which the Borrower requests one-time utilization by submitting the Notice of Utilization and Debt Assumption by the Borrower for the Bank’s consideration and approval.