Common use of Service of Payment Notice and payment Clause in Contracts

Service of Payment Notice and payment. Any claim by the Administering Authority must be made by the service of a Payment Notice, which is to be accepted by the Guarantor as conclusive evidence for all purposes that the amount claimed is due to the Administering Authority. The Guarantor must pay the sum so demanded within [5]2 Business Days of receipt of the Payment Notice.

Service of Payment Notice and payment. Any claim by the Administering Authority must be made by the service of a Payment Notice, which is to be accepted by the Guarantor as conclusive evidence for all purposes that the amount claimed is due to the Administering Authority. The Guarantor must pay the sum so demanded within [5]2 5 Business Days of receipt service of the Payment Notice.

Service of Payment Notice and payment. Any claim by the Administering Authority must shall be made by the service of a Payment Notice, which is to Notice (Appendix 1) and shall be accepted by the Guarantor as conclusive evidence for all purposes that the amount claimed is due to the Administering Authority. The Guarantor must shall pay the sum so demanded within [5]2 twenty (20) Business Days of receipt of the Payment Notice.

Service of Payment Notice and payment. Any claim by the Administering Authority must shall be made in writing by the service of a Payment Notice, which is to Notice and shall be accepted by the Guarantor as conclusive evidence for all purposes that the amount claimed is due to the Administering Authority. The Guarantor must shall pay the sum so demanded within [5]2 5 Business Days of receipt of the Payment Notice.