Payment Statement. The Contract Administrator: must, within 10 business days of receiving a payment claim submitted or purported to be submitted in accordance with clause 12.2; or may, if the Contractor fails to submit any such claim in accordance with clause 12.2, at any time, give the Contractor (with a copy to the Commonwealth), on behalf of the Commonwealth, a payment statement which is in the form set out in the Schedule of Collateral Documents and which states: the payment claim to which it relates (if any); the amount previously paid to the Contractor on account of the Contract Price and otherwise in accordance with the Contract; the amount (if any) which the Contract Administrator believes to be then payable by the Commonwealth to the Contractor on account of the Contract Price and otherwise in accordance with the Contract and which the Commonwealth proposes to pay to the Contractor; and if the amount in paragraph (e) is less than the amount claimed in the payment claim: the reason why the amount in paragraph (e) is less than the amount claimed in the payment claim; and if the reason for the difference is that the Commonwealth has retained, deducted, withheld or set-off payment for any reason, the reason for the retention, deduction, withholding or setting-off. Any evaluation, or issue of a payment statement, by the Contract Administrator will not constitute: approval of the Contractor's Activities or the Works, nor will it be taken as an admission or evidence that the part of the Contractor's Activities or the Works covered by the payment statement has been satisfactorily carried out in accordance with the Contract; a waiver of the requirements of clauses 12.2 and 12.3 in relation to any payment claim other than to the extent (if any) to which the Commonwealth expressly waives such requirements in respect of the payment claim the subject of the payment statement; an admission or evidence of the value of the Contractor's Activities or the Works or that the Contractor's Activities or the Works comply with the Contract; an admission or evidence of liability; or otherwise, any approval, admission or evidence by the Commonwealth or the Contract Administrator of the Contractor's performance or compliance with the Contract.
Payment Statement. The Contractor's Representative: must, within 10 business days of receiving a payment claim submitted or purported to be submitted in accordance with clause 11.2; or may, if the Consultant fails to submit any such claim in accordance with clause 11.2, at any time, give the Consultant (with a copy to the Contractor), on behalf of the Contractor, a payment statement which is in the form set out in the Schedule of Collateral Documents and which states: the payment claim to which it relates (if any); the amount previously paid to the Consultant on account of the Fee and otherwise in accordance with the Subcontract; the amount (if any) which the Contractor's Representative believes to be then payable by the Contractor to the Consultant on account of the Fee and otherwise in accordance with the Subcontract and which the Contractor proposes to pay to the Consultant; and if the amount in paragraph (e) is less than the amount claimed in the payment claim: the reason why the amount in paragraph (e) is less than the amount claimed in the payment claim; and if the reason for the difference is that the Contractor has retained, deducted, withheld or set-off payment for any reason, the reason for the retention, deduction, withholding or setting-off. Any evaluation, or issue of a payment statement, by the Contractor's Representative will not constitute: approval of any Services nor will it be taken as an admission or evidence that the part of the Services covered by the payment statement has been satisfactorily carried out in accordance with the Subcontract;
Payment Statement. At the time that payments are made under this Section 6, the Company shall provide the Executive with a detailed written statement setting forth the manner in which such payments were calculated and the basis for such calculations. Notwithstanding the foregoing, the Cash Severance Payments shall immediately cease and no longer be payable if the Executive violates any of the terms set forth in Sections 7 or 8 hereof. Such remedy shall be in addition to any and all other remedies available by law or equity.
Payment Statement. The Contractor’s Representative: must, within 10 business days of receiving a payment claim submitted or purported to be submitted in accordance with clause 12.2; or may, if the Subcontractor fails to submit any such claim in accordance with clause 12.2, at any time, give the Subcontractor (with a copy to the Contractor), on behalf of the Contractor, a payment statement which is in the form set out in the Schedule of Collateral Documents and which states: the payment claim to which it relates (if any); the amount previously paid to the Subcontractor on account of the Subcontract Price and otherwise in accordance with the Subcontract; the amount (if any) which the Contractor’s Representative believes to be then payable by the Contractor to the Subcontractor on account of the Subcontract Price and otherwise in accordance with the Subcontract, and which the Contractor proposes to pay to the Subcontractor; and if the amount in paragraph (e) is less than the amount claimed in the payment claim: the reason why the amount in paragraph (e) is less than the amount claimed in the payment claim; and if the reason for the difference is that the Contractor has retained, deducted, withheld or set-off payment for any reason, the reason for the retention, deduction, withholding or setting-off. Any evaluation, or issue of a payment statement, by the Contractor’s Representative will not constitute: approval of the Subcontractor’s Activities or the Subcontract Works, nor will it be taken as an admission or evidence that the part of the Subcontractor’s Activities or the Subcontract Works covered by the payment statement has been satisfactorily carried out in accordance with the Subcontract; a waiver of the requirements of clauses 12.2 and 12.3 in relation to any payment claim other than to the extent (if any) to which the Contractor expressly waives such requirements in respect of the payment claim the subject of the payment statement; an admission or evidence of the value of the Subcontractor’s Activities or the Subcontract Works or that the Subcontractor’s Activities or the Subcontract Works comply with the Subcontract; an admission or evidence of liability; or otherwise, any approval, admission or evidence by the Contractor or the Contractor’s Representative of the Subcontractor's performance or compliance with the Subcontract.
Payment Statement. In accordance with §2252.063, Texas Government Code, Contractor will submit to University, no later than the 15th day after the end of each contract year, an annual payment statement derived from all of Contractor’s sales tax reports for its operations during the preceding contract year. The annual payment statement must be certified by a certified public accountant licensed in the State of Texas. “Contract year” means that period of time beginning on the Effective Date and ending __________, 20____ [Note: Insert date that is 12 months after Effective Date (i.e., if Effective Date is January 1, 2018, then insert December 31, 2018).] and each twelve (12) month period thereafter, during the term of this Agreement.
Payment Statement. No later than one (1) Business Day prior to the Closing Date, Sellers shall deliver to Parent a written statement (the “Payment Statement”), which Sellers shall have prepared in good faith and in a manner consistent with the terms of (including the definitions contained in) this Agreement, setting forth the following:
Payment Statement. (9) Within ninety (90) days after the end of each BC Fiscal Year, the Province will provide to the KNC a financial statement containing the following information:
Payment Statement. Within five (5) Business Days after the originally scheduled filing date for EMRISE’s Form 10-Q with the Securities and Exchange Commission covering the quarterly period during which the applicable Measurement Period ends, the Company (on behalf of the Buyer) shall deliver to Sellers a written statement (the “Payment Statement”), including supporting documentation, setting forth for such Measurement Period (i) Operating Income, (ii) the aggregate principal amount of the Subordinated Contingent Notes, if any, and (iii) the amount of Deferred Purchase Price, if any. The amount of the Deferred Purchase Price Payment, if any, set forth in such Payment Statement shall be paid in the manner described in Section 2.6(a). The applicable Payment Statement shall become final and binding upon Buyer and Sellers on the 30th day following delivery thereof, unless Sellers give notice of disagreement with such Payment Statement (a “Dispute Notice”) to Buyer prior to such date. Any Dispute Notice shall specify in reasonable detail the nature of any disagreement so asserted. If a Dispute Notice is received by Buyer in a timely manner, then the amount of the applicable Deferred Purchase Price Payment shall become final and binding upon Buyer and Sellers on the earlier of (i) the date Buyer and Sellers resolve in writing any differences they have with respect to the matters specified in the Dispute Notice and (ii) the date any disputed matters are finally resolved in writing by the Accounting Firm. During the 30-day period (the “Resolution Period”) following the delivery of a Dispute Notice, Buyer and Sellers shall use their commercially reasonable efforts and seek in good faith to resolve in writing any differences that they may have with respect to the matters specified in the Dispute Notice. At the end of the Resolution Period, Buyer and Sellers shall submit to the Accounting Firm for arbitration, in accordance with the standards set forth in this Section 2.6, only matters that remain in dispute and were properly included in the Dispute Notice in accordance with this Section 2.6. Buyer and Sellers shall use their commercially reasonable efforts to cause the Accounting Firm to render a written decision resolving the matters submitted to the Accounting Firm within thirty (30) days of their delivery of such submission. The Accounting Firm shall determine Operating Income for the applicable Measurement Period pursuant to this
Payment Statement. 8.5.1 Within ten (10) Days of receipt of the Supplier's payment application pursuant to clause 8.4 (Supplier's Payment Application), the Contracting Entity shall (or, if no such payment application is received from the Supplier pursuant to clause 8.4 (
Payment Statement. This is a statement provided by Us showing the amount of FIT Payment received in a Meter Reading Period, which is generated following receipt by Us of a Meter Reading. Property The property or site at which the System is located. Quarter A period of time equal to three consecutive months. Renewable Obligation Certificates Sometimes known as ROCs are green certificates issued to operators of accredited renewable generating stations for the eligible renewable electricity they generate. Operators can trade ROCs with other parties. Retail Price Index A measure of inflation that’s published by the Office of National Statistics. ROO FiT accredited A term that shows something has been accredited under the Renewable Obligation Order 2009 (“ROO”) Statement of Terms The Statement of Terms outlined above. Storage Device A system or device that is capable of storing electricity. System The System installed at the Property that’s capable of producing small- scale low carbon generation/electricity and identified in Your FIT Plan. Tariff Code The code that’s allocated to Your System by Ofgem and set out in Your FIT Plan. Us/We/Our When We use the terms Us, We, Our, We’ll and We’re, in this document, this is a reference to E.ON Next who is the provider of the E.ON Next FIT Scheme. Please see clause 1.2 for further details.
