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. 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. 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. 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. The Earnout Objections Statement must be delivered to Purchaser within fifteen (15) days after delivery of such Earnout Payment Statement. If an Earnout Objections Statement is not delivered to Purchaser within such period, the Earnout Payment contained in the Earnout Payment Statement shall be final and binding on and non-appealable by the parties hereto. To the extent an Earnout Objections Statement is timely delivered to Purchaser, (A) Purchaser shall cause the Company to pay to Seller any portion of the Earnout Payment that is not in dispute and (B) Purchaser and Seller shall negotiate in good faith to resolve any disputed amount (and to the extent such objections in the Earnout Objections Statement are so resolved by mutual written agreement, the Earnout Payment contained in the Earnout Payment Statement shall be adjusted as so resolved and shall thereupon be final and binding on and non-appealable by the parties hereto). If Purchaser and Seller do not reach a final agreement within thirty (30) days after the delivery of the Earnout Objections Statement, Purchaser or Seller may submit such dispute to the Referee. The parties shall furnish to the Referee the Earnout Payment Statement and the Earnout Objections Statement and (from time to time as requested by the Referee) such other information and documents as the Referee may reasonably request in order for the Referee to resolve the dispute. The Referee shall resolve all disputed items and shall deliver a written determination to Purchaser and Seller within thirty (30) days after such matter is referred to the Referee. The resolution of the dispute by the Referee shall be final and binding on and non-appealable by the parties hereto. The fees and expenses of the Referee shall be allocated to and paid by Seller based upon the percentage that the portion of the disputed amount not resolved in the favor of Seller bears to the total amount actually contested by Seller, as determined by the Referee, and the remaining fees and expenses, if any, shall be allocated to and shall be paid by Purchaser, along with any additional amount owing to Seller pursuant to Section 1.2(a), as determined by the Referee.
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. Any payment or notice given to Transgenomic pursuant to Section 6.2(b) shall be accompanied by a statement (a “Payment Statement”) showing:
