Final Requisition Sample Clauses

The Final Requisition clause defines the process and requirements for submitting the last request for payment or materials under a contract. Typically, this clause outlines the documentation and approvals needed before the final payment is released, such as proof of completed work, lien waivers, or compliance certificates. Its core function is to ensure that all contractual obligations have been met before the final disbursement, thereby protecting both parties from unresolved claims or incomplete performance.
Final Requisition. The Final Requisition shall be submitted by the Borrower/Grantee within the Interim Period. The Interim Period may be extended only as approved in writing by an Authorized Officer of the Finance Authority, based on the Borrower/Grantee’s demonstration, to the reasonable satisfaction of the Authorized Officer of the Finance Authority, that unanticipated circumstances beyond the control of the Borrower/Grantee resulted in delaying the acquisition and completion of the Project, and submission of the Borrower/Grantee’s Final Requisition.
Final Requisition. Upon achieving Final Completion in accordance with Section 3.21 (Final Completion), the Design-Builder shall prepare and submit to the Owner a final Requisition. The final Requisition shall include: (1) A certificate from the Design-Builder’s surety in a form, reasonably acceptance to the Owner, that the surety agrees that final payment of the Design-Build Price shall not relieve the surety of any of its obligations under the Performance Bond or the Payment Bond; (2) a contractor’s affidavit regarding settlement of claims and complete and legally effective releases or waivers in a form provided by California Civil Code Section 3262 and acceptable to the Owner in the full amount of the Design-Build Price, or if any Subcontractor refuses or fails to furnish such release or waiver, a bond or other security acceptable to the Owner to indemnify the Owner Indemnitees against any payment claim; and (3) a list of all pending property damage and personal injury or other insurance claims arising out of or resulting from the Design-Build Work, identifying the claimant and the nature of the claim.
Final Requisition. Upon achieving Final Completion in accordance with Section 4.23 (Final Completion), the Company shall prepare and submit to SRWA a final Requisition. The final Requisition shall include: 1. AIA Document G707 (Consent of Surety Company to Final Payment) or equivalent certifying that the surety agrees that final payment of the Design-Build Price shall not relieve the surety of any of its obligations under the Performance Bond or the Payment Bond; 2. AIA Document G706 (Contractor’s Affidavit of Payment of Debts and Claims) or equivalent certifying that the Company has been paid the Design-Build Price in full, except for any listed exceptions; 3. a conditional waiver and release on final payment or unconditional waiver and release on final payment submitted by the Company in the form provided by California Civil Code Section 8136 or 8138 and acceptable to SRWA;
Final Requisition. Upon achieving Final Completion in accordance with Section 9.7 (Final Completion), the DBOM Contractor shall prepare and submit to the BWS a final Requisition. The final Requisition shall enclose: (1) American Institute of Architects (AIA) Document G707 (Consent of Surety to Final Payment) certifying the Surety agrees that final payment of the Fixed Design-Build Price shall not relieve the Surety of any of its obligations under the Design-Build Performance Bond or the Payment Bond; (2) A contractor’s affidavit (and completed form DF-P-65, if requested by the BWS) regarding settlement of claims and complete and legally effective releases or waivers acceptable to the BWS in the full amount of the Design-Build Price, or if any Subcontractor refuses or fails to furnish such release or waiver, a bond or other Board of Water Supply, City and County of Honolulu Kalaeloa Seawater Desalination Facility Design-Build-Operate-Maintain Project Service Agreement Article 10 - Payment of the Design-Build Price ​ security acceptable to the BWS to indemnify the BWS Indemnitees against any payment claim; (3) A notarized Certification for Employment of State Residents on Construction Procurement Contracts, as required by Section 5.3 (Employment of State Residents on Construction Contracts); (4) Tax clearances from the director of taxation of the State and the Internal Revenue Service as shown on the Hawaii Compliance Certificate; (5) Certification from the DBOM Contractor (in the form prescribed by the BWS) affirming that the DBOM Contractor has, as applicable, remained in compliance with all laws as required under this Service Agreement; (6) Evidence of continuing insurance as required by Section 18.1 (Insurance) and Schedule 18 (Insurance Requirements); (7) Evidence that the DBOM Contractor is compliant on Hawaii Compliance Express pursuant to Section ▇-▇▇▇-▇▇▇, HAR; and (8) A list of all pending property damage and personal injury or death insurance claims arising out of or resulting from the Design-Build Work, identifying the claimant and the nature of the claim.
Final Requisition. The Company shall prepare and submit to the City for purposes of demonstrating Final Completion: (1) a certificate certifying (a) that all applicable Design-Build Work has been completed in accordance herewith and with the Technical Specifications, (b) that Acceptance of the Design-Build Improvements has occurred, and (c) all other conditions of Final Completion have occurred or been achieved; and (2) a final Application for Payment. The final Application for Payment shall enclose: (i) AIA Document G707 (Consent of Surety Company to Final Payment) certifying the Surety agrees that final payment of the Fixed Design-Build Price shall not relieve the Surety of any of its obligations under the Performance and Payments Bonds; (ii) a contractor’s affidavit regarding settlement of claims and complete and legally effective releases or waivers acceptable to the City in the full amount of the Design- Build Price, or if any Subcontractor refuses or fails to furnish such release or waiver, a bond or other security acceptable to the City to indemnify the City against any payment claim; and (iii) a list of all pending property damage and personal injury or death insurance claims arising out of or resulting from the Design-Build Work, identifying the claimant and the nature of the claim.
Final Requisition. At the time of submission of the final requisition for Project Costs relating to the Project, including all retainage of Project Costs, in addition to the requirements of Exhibit C, the Borrower shall provide to the Disbursing Agent and the Bondowner a Completion Certificate, in accordance with the provisions of Section 401(g).
Final Requisition. The Final Requisition shall be submitted by the Borrower/Grantee within the Interim Period. The Interim Period may be extended only as approved in writing by an Authorized Officer of the NMFA, based on the Borrower/▇▇▇▇▇▇▇’s demonstration, to the reasonable satisfaction of the Authorized Officer of the NMFA, that unanticipated circumstances beyond the control of the Borrower/Grantee resulted in delaying the acquisition and completion of the Project, and submission of the Borrower/▇▇▇▇▇▇▇’s Final Requisition.

Related to Final Requisition

  • Operational Requirements The Client will adhere to the deadlines and other operational requirements set out in the Client Publications, to facilitate meeting the requirements of CSD’s, Third Party Agents and Market Participants.

  • Additional Requirements As a condition precedent to the execution and Delivery, the registration of issuance, transfer, split-up, combination or surrender, of any ADS, the delivery of any distribution thereon, or the withdrawal of any Deposited Property, the Depositary or the Custodian may require (i) payment from the depositor of Shares or presenter of ADSs or of an ADR of a sum sufficient to reimburse it for any tax or other governmental charge and any stock transfer or registration fee with respect thereto (including any such tax or charge and fee with respect to Shares being deposited or withdrawn) and payment of any applicable fees and charges of the Depositary as provided in Section 5.9 and Exhibit B, (ii) the production of proof reasonably satisfactory to it as to the identity and genuineness of any signature or any other matter contemplated by Section 3.1, and (iii) compliance with (A) any laws or governmental regulations relating to the execution and Delivery of ADRs or ADSs or to the withdrawal of Deposited Securities and (B) such reasonable regulations as the Depositary and the Company may establish consistent with the provisions of the representative ADR, if applicable, the Deposit Agreement and applicable law.

  • Approval Required This Agreement shall not become effective or binding until approved by the City of Meridian.

  • General Requirement Any notice, election, demand, request, consent, approval, or other communication required or permitted to be given under this Contract shall be in writing signed by an officer or duly authorized representative of the party making same and shall be delivered personally or shall be sent by certified or statutory mail, postage prepaid, return receipt requested, shall be effective as of the date on which it is received or would have been received but for the refusal of the addressee to accept delivery, and shall be addressed as shown in the Contract. The persons and addresses to which notices should be given may be changed by notice given in accordance with this Article.

  • Submittal Requirements To comply with Subsection 4.1, Consultant shall submit the following: a. Certificate of Liability Insurance in the amounts specified in the section; and b. Waiver of Subrogation Endorsement as required by the section.