Common use of Payment Becomes Due Clause in Contracts

Payment Becomes Due. Thirty days after the presentation to Owner of the final Application for Payment and accompanying documentation, the amount recommended by Engineer (less any further sum Owner is entitled to set off against Engineer’s recommendation, including but not limited to set-offs for liquidated damages and set- offs allowed under the provisions above with respect to progress payments) will become due and shall be paid by Owner to Contractor.

Appears in 1 contract

Sources: Construction Contract

Payment Becomes Due. 1. Thirty days after the presentation to Owner of the final Application for Payment and accompanying documentation, the amount recommended by Engineer (Engineer, less any further sum Owner is entitled to set off against Engineer’s recommendation, including but not limited to set-offs for liquidated damages and set- offs allowed under the provisions above with respect to progress payments) damages, will become due and shall will be paid by Owner to Contractor.

Appears in 1 contract

Sources: Basic Form Agreement

Payment Becomes Due. 1. Thirty days after the presentation to Owner of the final Application for Payment and accompanying documentation, the amount recommended by Engineer (Architect, less any further sum Owner is entitled to set off against EngineerArchitect’s recommendation, including but not limited to set-offs for liquidated damages and set- offs allowed under the provisions above with respect to progress payments) damages, will become due and shall will be paid by Owner to ContractorConstruction Manager.

Appears in 1 contract

Sources: Construction Manager at Risk Agreement