Approval of Payment Sample Clauses

The 'Approval of Payment' clause establishes that payments under the contract are subject to a formal approval process before being released. Typically, this means that an authorized party must review and confirm that certain conditions—such as satisfactory completion of work or delivery of goods—have been met prior to payment. This clause ensures that funds are only disbursed when contractual obligations are fulfilled, thereby protecting the paying party from premature or unwarranted payments and promoting accountability.
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Approval of Payment. The City is in receipt of the attached Certification for Payment Approval Form No. , acknowledges the Certification for Payment Approval and otherwise finds the Certification for Payment Approval Form No. to be in order. After reviewing the Certification for Payment Approval Form, the City approves the payment described in the Certification for Payment Approval Form No. and authorizes release of the payment from golf course Capital Account to [the designer or construction contractor] or to any person designated by the [designer or construction contractor].
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Approval of Payment. Approval or disapproval of an invoice or any portion thereof by vote of the Parties, pursuant to the terms of Paragraph 6 of the Fifth Participation Agreement, shall constitute the decision of the Orlando Participating Group and the Group Representative shall proceed in accordance with that decision. In the event that the Orlando Participating Group disapproves of all or part of an invoice, the Escrow Agent shall be directed to pay the undisputed portion, if any, of the invoice in question and the Group Representative shall communicate the Orlando Participating Group’s decision to the payee. Resolution of such payment disputes shall be made thereafter in accordance with the Services Agreement between the Orlando Participating Group and the payee.
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Approval of Payment. If, on the basis of the County Project Manager’s observation and review of Contractor’s Services, the County Project Manager is satisfied that the Services has been completed and Contractor has fulfilled all of its obligations under the Agreement, the County Project Manager, after receipt of a proper invoice, shall indicate in writing his or her approval of payment and present the invoice to Accounts Payable for payment. Otherwise, the County Project Manager shall return the invoice to Contractor, indicating in writing the reasons for refusing to approve final payment. Subsequent to receiving a returned invoice, Contractor will make the necessary corrections and resubmit the invoice and, if requested, provide explanation or substantiation for said invoice. Regardless of the foregoing, approval of payment pursuant to this section shall not prevent the County from recovering amounts paid when the County subsequently discovers material defects or deficiencies in the services or work provided by Contractor, which defects or deficiencies would have otherwise caused the County to withhold payment.
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Approval of Payment. Approval or disapproval of an invoice or any portion thereof by vote of the Parties, pursuant to the terms of Paragraph 6 of the ▇▇▇ ▇▇/▇▇ Participation Agreement, shall constitute the decision of the ▇▇▇ ▇▇/▇▇ Group and the Group Representative shall proceed in accordance with that decision. In the event that the ▇▇▇ ▇▇/▇▇ Group disapproves of all or part of an invoice, the Escrow Agent shall be directed to pay the undisputed portion, if any, of the invoice in question and the Group Representative shall communicate the ▇▇▇ ▇▇/▇▇ Group’s decision to the payee. Resolution of such payment disputes shall be made thereafter in accordance with the Services Agreement between the ▇▇▇ ▇▇/▇▇ Group and the payee.
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Approval of Payment. If, on the basis of the County Project Manager’s observation and review of Contractor’s Work or Services and, the County Project Manager’s satisfaction that the work has been completed and Contractor has fulfilled all of its obligations under the Contract, then the County shall approve payment for such Work or Services.
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Related to Approval of Payment

  • Approval of Counsel The exercise of the Option and the issuance and delivery of shares of Class A Stock pursuant thereto shall be subject to approval by the Corporation's counsel of all legal matters in connection therewith, including, but not limited to, compliance with the requirements of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Class A Stock may then be listed.

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • Approval of Plan Approval of the Plan by the Commissioner of Internal Revenue as referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and the Securities and Exchange Commission, and their approval means their confirmation with respect to any matter within their regulatory authority that the Plan does not conflict with applicable law.

  • Approval of Listing At the Closing Time, the Securities shall have been approved for listing on the New York Stock Exchange, subject only to official notice of issuance.

  • State Approval of Replacement Personnel The Engineer may not replace the project manager or key personnel without prior consent of the State. The State must be satisfied that the new project manager or other key personnel is qualified to provide the authorized services. If the State determines that the new project manager or key personnel is not acceptable, the Engineer may not use that person in that capacity and shall replace him or her with one satisfactory to the State within forty-five (45) days.