Common use of Objection to Statements Clause in Contracts

Objection to Statements. Concessionaire's failure to object to any statement, invoice or billing rendered by Authority within a period of sixty (60) days after receipt thereof shall constitute Concessionaire's agreement and acceptance with respect to such statement, Invoice or billing and any claim based in the same shall be time barred.

Appears in 1 contract

Sources: Terminal Concession Lease

Objection to Statements. β€Œ Concessionaire's failure to object to any statement, invoice or billing rendered by Authority within a period of sixty (60) days after receipt thereof shall constitute Concessionaire's agreement and acceptance with respect to such statement, Invoice or billing and any claim based in the same shall be time barred.

Appears in 1 contract

Sources: Terminal Concession Lease