Common use of APPROVALS AND ACCEPTANCES Clause in Contracts

APPROVALS AND ACCEPTANCES. Any acceptance, approval, or any other like action required or permitted to be given by any party pursuant to this PSURA: A. Must be in writing to be effective (except if deemed granted pursuant hereto); B. Shall not be unreasonably withheld or delayed. If an approval or acceptance is withheld, such withholding shall be in writing and shall state with specificity the reason for withholding such approval or acceptance, and every effort shall be made to identify with as much detail as possible what changes are required for approval or acceptance; and C. Except as provided in the subpart D of the “Dispute and Resolution” section herein, shall not be deemed granted if no response is provided to the party requesting an approval or acceptance within the time period prescribed by this PSURA or by a respective Work Order. The requesting party shall send out all requests for approval or acceptance to the other party in accordance with the “Representatives and Authority” section herein.

APPROVALS AND ACCEPTANCES. Any acceptance, approval, or any other like action required or permitted to be given by any party pursuant to this PSURA: A. Must be in writing to be effective (except if deemed granted pursuant hereto); B. Shall not be unreasonably withheld or delayed. If an approval or acceptance is withheld, such withholding shall be in writing and shall state with specificity the reason for withholding such approval or acceptance, and every effort shall be made to identify with as much detail as possible what changes are required for approval or acceptance; and C. Except as provided in the subpart D of the “Dispute and Resolution” section herein, shall not be deemed granted if no response is provided to the party requesting an approval or acceptance within the time period prescribed by this PSURA or by a respective Work Order. The requesting party shall send out all requests for I-25 North Design BuildIN COLORADO SPRINGS September 17,201227, 2004 approval or acceptance to the other party in accordance with the “Representatives and Authority” section herein.