CERTIFICATE FOR PAYMENT. Within fifteen (15) business days after the receipt of each Application for Payment, Client shall (1) review the Application for Payment to certify the relevant Services and the Reimbursable Costs incurred, and (2) issue to Consultant a written “certificate for payment” for such amount as Client determines is properly due. If the amount so determined by Client is less than the amount requested by Consultant in the Application for Payment, Client’s “certificate for payment” shall indicate the specific reasons for so withholding all or a portion of the amount requested. If Client determines that a portion of the amount requested is not due, Client shall nevertheless approve payment for the remaining portion of the Application for Payment.
Appears in 2 contracts
Sources: Professional Services Agreement (Contango ORE, Inc.), Professional Services Agreement (Contango ORE, Inc.)