Nonpaying party definition

Nonpaying party means the original contractor, subcontractor, or real estate developer who has failed to pay the qualified beneficiary making a claim against the fund.
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Nonpaying party means the original contractor, subcontractor, or real estate
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Nonpaying party means the original contractor, subcontractor, or real 1517 estate developer who has failed to pay the qualified beneficiary making a claim against the 1518 fund. 1519 [(16)] (15) "Original contractor" means a person who contracts with the owner of real 1520 property or the owner's agent to provide services, labor, or material for the construction of an 1521 owner-occupied residence. 1522 [(17)] (16) "Owner" means a person who: 1523 (a) contracts with a person who is licensed as a contractor or is exempt from licensure 1524 under Title 58, Chapter 55, Utah Construction Trades Licensing Act, for the construction on an 1525 owner-occupied residence upon real property that the person: 1526 (i) owns; or 1527 (ii) purchases after the person enters into a contract described in this Subsection [(17)] 1528 (16)(a) and before completion of the owner-occupied residence; 1529 (b) contracts with a real estate developer to buy a residence upon completion of the 1530 construction on the owner-occupied residence; or 1531 (c) purchases a residence from a real estate developer after completion of the 1532 construction on the owner-occupied residence. 1533 [(18)] (17) "Owner-occupied residence" means a residence that is, or after completion 1534 of the construction on the residence will be, occupied by the owner or the owner's tenant or 1535 lessee as a primary or secondary residence within 180 days after the day on which the 1536 construction on the residence is complete. 1537 [(19)] (18) "Qualified beneficiary" means a person who: 1538 (a) provides qualified services; 1539 (b) pays necessary fees required under this chapter; and 1540 (c) registers with the division: 1541 (i) as a licensed contractor under Subsection 38-11-301(1) or (2), if that person seeks 1542 recovery from the fund as a licensed contractor; or 1543 (ii) as a person providing qualified services other than as a licensed contractor under 1544 Subsection 38-11-301(3) if the person seeks recovery from the fund in a capacity other than as 1545 a licensed contractor. 1546 [(20)] (19) (a) "Qualified services" means the following performed in construction on
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Related to Nonpaying party

  • Responding Party shall have the meaning set forth in Section 12.2 hereof.

  • Breaching Party has the meaning set forth in Section 12.2.

  • complaining Party means any Party that requests the establishment of an arbitration panel under Article 14.4 (Initiation of Arbitration Procedure);

  • Qualifying Party means (a) an Additional Limited Partner; (b) an Immediate Family Member, or a lending institution as the pledgee of a Pledge, who is the transferee in a permitted transfer pursuant to Section 11.3; or (c) a Substituted Limited Partner succeeding to all or part of the Limited Partner Interest of (i) an Additional Limited Partner or (ii) an Immediate Family Member, or a lending institution who is the pledgee of a Pledge, who is the transferee in a permitted transfer pursuant to Section 11.3.

  • Aggrieved party means a party entitled to pursue a remedy.

  • Non-Breaching Party has the meaning set forth in Section 12.2.1.

  • Indemnitor has the meaning set forth in Section 12.3.