Payment Certification Clause Samples
The Payment Certification clause establishes a process by which payments are verified and approved before being released. Typically, this involves a designated party, such as an architect, engineer, or project manager, reviewing completed work or delivered goods to confirm that contractual requirements have been met prior to authorizing payment. This clause ensures that payments are only made for work that has been properly completed or goods that have been satisfactorily delivered, thereby protecting the paying party from overpayment or payment for incomplete or substandard performance.
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Payment Certification. At least thirty (30) days prior to the time of making a Cash Payment, a KCN Investment Entity shall provide a Payment Certification to Hydro.
Payment Certification. Upon the making of timely payments by the Company of the premium for the Policy in respect of the period from and after June 1, 2004, the Company shall, within five (5) days of making any such payment, certify to the Trustee that such payment has been made.
Payment Certification. I hereby certify that the costs submitted for reimbursement are true and correct, and that all payments have been made to all persons, vendors and contractors engaged in this project in accordance with local government procurement procedures and the Waterway Improvement Fund Grant Agreement.
Payment Certification. Receive and assess the Design-Builder’s applications for payment and determine amounts payable by the Client under the Design-Build Contract.
Payment Certification. The NHTSA COTR or alternate COTR (see Section VII, Paragraphs A and B) shall review and recommend payment for each invoice by certifying whether the goods and services have been satisfactorily rendered by the Grantee under this Agreement.
Payment Certification. Receive and assess the Constructor’s applications for payment and determine amounts payable by the Client under the Construction Contract. F1
Payment Certification. It is hereby certified by the undersigned Contractor that all laborers, mechanics, subcontractors, and materialmen, and all persons who have supplied such person or persons, or subcontractors with provisions and supplies for the carrying on of work on the above-referenced project for the University of Washington have been paid in full except for the following: No exceptions Name of Business or Person Reason Full Payment Not Made List of All Subcontractors (of all tiers) on Project: (list below and/or attach separate list of all subcontractors) Subcontractor Names Subcontractor Names
Payment Certification. As post-documentation of each drawdown of funds from the U.S. Treasury account, THDA or the state recipients with direct access to the disbursement and information system must keep in their project files a payment certification for each drawdown in the form of a NHTF Voucher Request.
Payment Certification. Buyer shall have received from Seller a written warranty and certification in the form of Schedule 5.11 that Seller has paid all contractors, material providers and any other persons or parties performing work or supplying construction materials for work on any part of the Real Property for all work performed and materials supplied through the date of Closing. Seller also agrees to indemnify, defend and hold harmless Buyer and the Real Property from any claim or allegation which, if true, would make such warranty and certification inaccurate (and including, without limitation, from any mechanics lien or similar lien filed by any person or party). The conditions set forth in Sections 5.1 through 5.11 above are intended solely for the benefit of Buyer. If any of the foregoing conditions is not satisfied or waived by Buyer in writing as of the Closing Date, then Buyer shall have the right at its sole election either to waive such condition and proceed with Closing or, in the alternative, to terminate this Agreement, whereupon this Agreement shall terminate, the ▇▇▇▇▇▇▇ Money shall be returned to Buyer, and the parties shall have no further obligations hereunder except under those provisions intended to survive the termination of this Agreement (provided, that if any such condition is not satisfied due to Seller's default hereunder, then Buyer shall have all remedies for such default provided under this Agreement or under law). Seller's obligations under this Agreement are expressly conditioned on, and subject to satisfaction of, the following conditions precedent: