Common use of Confirmation of Balance Clause in Contracts

Confirmation of Balance. The amount of any balance of Construction Contingency upon the issuance of a Certificate of Final Completion of the entire Project, or upon the earlier termination of this Agreement, shall be confirmed by the written certification of the Owner at the time of the issuance of the Final Certificate.

Confirmation of Balance. The amount of any balance of Construction Design Contingency upon the issuance of a Certificate of Final Completion of the entire Project, or upon the earlier termination of this Agreement, shall be confirmed by the written certification of the Owner at the time of the issuance of the Final Certificate.