Exclusion of amounts by Superintendent Sample Clauses

The 'Exclusion of amounts by Superintendent' clause empowers the Superintendent to withhold or exclude certain amounts from payment claims or certificates under a contract. In practice, this means the Superintendent can identify and deduct sums related to defective work, incomplete tasks, or other contractual breaches before certifying payment to the contractor. This clause serves to protect the principal by ensuring that payments reflect only the value of work properly completed, thereby reducing the risk of overpayment and encouraging compliance with contract requirements.
Exclusion of amounts by Superintendent. The Superintendent may require that an amount be excluded from the determination of the number of trading shares that may be issued under this Part if in the circumstances he considers that to include any such amount would be inappropriate or unconscionable. For example, the Superintendent would question the appropriateness of issuing trading shares for non-cash assets unrelated to the issuer's stated business purpose at the time of its IPO or for excessive administrative expenses.
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Exclusion of amounts by Superintendent. The Superintendent may require that an amount be excluded from the determination of the number of trading shares that may be issued under this Part if in the circumstances he considers that to include any such amount would be inappropriate or unconscionable. For example, the Superintendent would question the appropriateness of issuing trading shares for non-cash assets unrelated to the issuer's stated business purposes at the time of its IPO or for excessive administrative expenses.
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Related to Exclusion of amounts by Superintendent

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  • Lobbying Activities - Standard Form - LLL No response Do not upload this form unless Vendor has reportable lobbying activities. There are Attributes entitled, “2 CFR Part 200 or Federal Provision - ▇▇▇▇ Anti-Lobbying Amendment – Continued.” Properly respond to those Attributes and only upload this form if applicable/instructed. If upload is required based on your response to those Attributes, the Disclosure of Lobbying Activities – Standard Form - LLL must be downloaded from the “Attachments” section of the IonWave eBid System, reviewed, properly completed, and uploaded to this location.

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