Examples of Payment Certificate in a sentence
The Developer shall submit a Payment Certificate to the City for Public Improvement Project Costs.
The form of the Payment Certificate is set forth in Exhibit F as may be modified by the Indenture or Reimbursement Agreement.
Upon termination the Developer shall have no claim or right to any further payments for Public Improvements Project Costs pursuant to this except that, (i) any Public Improvements completed and accepted by the City or (ii) Public Improvement Project Costs submitted pursuant to a Payment Certificate and approved by the City shall still be subject to reimbursement.
The City and PID administrator shall review the sufficiency of each Payment Certificate with respect to compliance with this Agreement, compliance with the City Regulations ,the PD and Applicable Law, and compliance with the applicable SAP and Plans and Specifications within thirty (30) business days of receipt from the Developer.
Upon such a termination, the Parties hereto shall have no duty or obligation one to the other under this Agreement, with the exception of any of Developer’s Public Improvement Project Costs that were previously advanced or incurred as of the date of termination, provided that a Payment Certificate for such Public Improvement Project Costs is submitted within ninety (90) days of the termination and is approved by the City pursuant to its normal and usual process for approving such Payment Certificate.