Processing Procedures. Submit Proposals to the Engineer or his duly authorized representative. The Department will process Proposals expeditiously; however, the Department is not liable for any delay in acting upon a Proposal submitted pursuant to this Subarticle. The Contractor may withdraw, in whole or in part, a Proposal not accepted by the Department within the period specified in the Proposal. The Department is not liable for any Proposal development cost in the case where the Department rejects or the Contractor withdraws a Proposal. The Engineer is the sole judge of the acceptability of a Proposal and of the estimated net savings in construction costs from the adoption of all or any part of such Proposal. Prior to approval, the Engineer may modify a Proposal, with the concurrence of the Contractor, to make it acceptable. If any modification increases or decreases the net savings resulting from the Proposal, the Department will determine the Contractor’s fair share upon the basis of the Proposal as modified. The Department will compute the net savings by subtracting the revised total cost affected by the Proposal from the total cost as represented in the original Contract.
Processing Procedures. Two copies of each VECP shall be submitted to the County’s Project Manager, or his/her duly authorized representative, VECPs will be processed expeditiously; however, the County will not be liable for any delay in acting upon a VECP submitted pursuant to this Section. The Contractor may withdraw, in whole or in part, a VECP not accepted by the County within the period specified in the VECP. The County shall not be liable for any VECP development cost in the case where a VECP is rejected or withdrawn. The County shall be the sole judge of the acceptability of a VECP and of the estimated net savings in construction and/or collateral costs from the adoption of all or any part of such proposal. In determining the estimated net savings, the right is reserved to disregard the Contract prices if, in the judgment of the County , such prices do not represent a fair measure of the value of Work to be performed or to be deleted. Prior to approval, the County may modify a VECP, with the concurrence of the Contractor , to make it acceptable. If any modification increases or decreases the net savings resulting from the VECP, the Contractor's fair share will be determined upon the basis of the VECP modified and upon determination of final quantities. The net savings shall be computed by subtracting the revised total cost of all bid items affected by the VECP design from the total cost of the same bid items as represented in the Contract Documents. Prior to approval of the VECP, which initiates the supplemental Contract, the Contractor shall provide acceptable contract quality Plan sheets revised to show all details consistent with the VECP design.
Processing Procedures. Items found acceptable for deposit under Section 2 of this Exhibit A will be encoded, photocopied, endorsed and deposited into the Deposit Account. The endorsement will be the standard endorsement for lockbox items as used by the Financial Institution from time to time, and this endorsement will function as the endorsement of the payee of the item. In order to maximize daily receipts and funds availability, the Financial Institution will make deposits throughout the day in anticipation of major check clearing deadlines. The Financial Institution will send the following to the Debtor in accordance with the Financial Institution's customary and standard practices for maintenance of a Deposit Account:
Processing Procedures. Nothing herein shall be deemed to prevent the City from enacting or adopting changes in the methods and procedures for processing Improvement Plans, subdivision maps, and parcel maps so long as such changes do not preclude or materially burden Owner's realization of the rights conferred under the Collective Standards.
Processing Procedures. Customer agrees to comply with all processing and operating procedures set forth in any User Guide. Bank shall have the sole right to audit and quality assure the Customer’s process on an on-going basis at the Customer’s principal business location during reasonable business hours to confirm Customer’s compliance with the provisions of this Agreement. Without limiting the foregoing, Customer agrees to adhere to the following minimum procedures:
Processing Procedures. 1. On each Business Day, Nationwide may receive Instructions from the contract owner for the purchase or redemption of shares of the Funds based solely upon receipt of such Instructions prior to the Close of Trading on that Business Day. Instructions in good order received by Nationwide prior to the close of trading on any given Business Day (generally, 4:00 p.m. ET (the "Trade Date") and transmitted to the Distributor by no later than 9:30 a.m. ET the Business Day following the Trade Date ("Trade Date plus One" or "T+1"), will be executed at the NAV ("Share Price") of each applicable Fund, determined as of the Close of Trading on the Trade Date.
Processing Procedures. Each Item found to be acceptable after inspection in accordance with Section 4 above, and all Cash Substitution Documents, will be processed pursuant to Bank’s then current procedures as instructed by Client as set forth in the Implementation Forms and as follows:
Processing Procedures. The purchase, redemption and settlement of shares of a Fund (“Shares”) will normally follow the Fund/SERV-Defined Contribution Clearance and Settlement Service (“DCCS”) Processing Procedures below and the rules and procedures of the SCC Division of the National Securities Clearing Corporation (“NSCC”) shall govern the purchase, redemption and settlement of Shares of the Funds through NSCC by Nationwide. In the event of equipment failure or technical malfunctions or the parties’ inability to otherwise perform transactions pursuant to the FUND/SERV Processing Procedures, or the parties’ mutual consent to use manual processing, the Manual Processing Procedures below will apply. It is understood and agreed that, in the context of Section 22 of the Investment Company Act of 1940 (the “1940 Act”) and the rules and public interpretations thereunder by the staff of the Securities and Exchange Commission (SEC Staff), receipt by Nationwide of any Instructions from the Plan participant prior to the Close of Trade on any Business Day shall be deemed to be receipt by the Funds of such Instructions solely for pricing purposes and shall cause purchases and sales to be deemed to occur at the Share Price for such Business Day, except as provided in 4(c) of the Manual Processing Procedures. Each Instruction shall be deemed to be accompanied by a representation by Nationwide that it has received proper authorization from each Plan participant whose purchase, redemption, account transfer or exchange transaction is effected as a result of such Instruction. Fund/SERV-DCCS Processing Procedures
Processing Procedures. Items found acceptable for deposit under Paragraph (d) above will be encoded, photocopied, endorsed and deposited into the Account each Business Day. The endorsement will read substantially as follows: "Manufacturers Bank Lockbox Service Deposit to the credit of the within named payee," and this endorsement will function as the endorsement of the payee of the Item.
Processing Procedures. Items found acceptable for deposit under paragraph 1 above will be encoded, photocopied, endorsed and deposited into the Initial Concentration Account. The endorsement will be the standard endorsement for checks as used by the Financial Institution from time to time, and such endorsement will function as the endorsement of the payee of the item. In order to maximize daily receipts and funds availability, the Financial Institution will make deposits throughout the day in anticipation of major check clearing deadlines.
