Owner’s Acceptance or Rejection of Applications Sample Clauses

Owner’s Acceptance or Rejection of Applications. Promptly after receipt of each periodic Application for Payment, Architect and Owner shall certify acceptance of the application, in whole or in part, by the signing of the Architect’s Certification of Payment section of the Application for Payment form, and upon such certification shall forward the application to the SFD for funding. Pursuant to Wyo. Stat. § 16-6-602, Except as provided by contract, any agency which purchases or procures goods and services from a nongovernmental entity shall pay the amount due within forty-five (45) days after receipt of a correct notice of amount due for the goods or services provided or shall pay interest from the forty-fifth day at the rate of one and one-half percent (1 1/2%) per month on the unpaid balance until the account is paid in full, unless a good faith dispute exists as to the agency's obligation to pay all or a portion of the account.
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Owner’s Acceptance or Rejection of Applications. Promptly after receipt of each periodic Application for Payment, Architect certifying the application, in whole or in part, by the signing of the Architect’s Certification of Payment section of the Application for Payment form, and upon such certification shall forward the application to the SFD for funding. Upon receipt of funding from the SFD for the Application for Payment, Owner shall within five (5) business days pay directly to Demolition Contractor the certified amount for which Application for Payment is made, less amounts previously paid by Owner and required retention. Pursuant to Wyo. Stat. § 16-6-602, payment on the Application for Payment shall be made by the Owner to the Demolition Contractor within forty-five (45) days or shall pay interest from the forty-fifth day at the rate of one and one-half percent (1½%) per month on the unpaid balance until the application amount is paid in full, unless a good faith dispute exists as to the Owner’s obligation to pay all or a portion of the amount requested in the Application for Payment.
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Related to Owner’s Acceptance or Rejection of Applications

  • Acceptance of Improvements Notwithstanding the fact that the Bond Amount may be reduced upon partial completion of the Improvements, neither shall any partial reduction nor shall any full reduction of the Bond Amount constitute final acceptance (”Acceptance”) of the Improvements by the City. Acceptance of the Improvements must be by Resolution of the City Council, pursuant to Tooele City Code '7-19-32.

  • Application of General Conditions These General Conditions set forth the terms and conditions generally applicable to the Development Grant Agreement to the extent and subject to any modifications set forth in such agreement.”

  • Payment Does Not Imply Acceptance of Work The granting of any payment by City, or the receipt thereof by Contractor, shall in no way lessen the liability of Contractor to replace unsatisfactory work, equipment, or materials, although the unsatisfactory character of such work, equipment or materials may not have been apparent or detected at the time such payment was made. Materials, equipment, components, or workmanship that do not conform to the requirements of this Agreement may be rejected by City and in such case must be replaced by Contractor without delay.

  • Restriction of application Except as otherwise expressly provided in this contract, Clauses 16 and 17 of the Claims Allocation and Handling Agreement shall not apply as between the parties to this contract if and to the extent that the giving of any right or remedy as provided for under this contract would be prevented or restricted by Clauses 16 and 17 of the Claims Allocation and Handling Agreement.

  • Exclusion of applications on preliminary points of law Any recourse to any Court for the determination of a preliminary point of law arising in the course of the arbitration proceedings is excluded.

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