Common use of Payment Becomes Due Clause in Contracts

Payment Becomes Due. Thirty days after the presentation to Owner of the acceptable Application and accompanying documentation, in appropriate form and substance and with Owner's notice of acceptability, the amount will become due and will be paid by Owner to Contractor.

Payment Becomes Due. Thirty days after the presentation to Owner of the acceptable Application and accompanying documentation, in appropriate form and substance and with Owner's ’s notice of acceptability, the amount will become due and will be paid by Owner to ContractorDesign/Builder.