Common use of Late Completion Notice Clause in Contracts

Late Completion Notice. Owner shall provide a Notice to Contractor of such late Substantial Completion (a "Late Completion Notice") and any Delay Damages due pursuant to Section 7.3. Within thirty (30) days following the receipt of any Late Completion Notice, Contractor shall pay the Delay Damages set forth therein or the Owner, at the Owner’s option, upon consultation with and approval of the Authority, may deduct the Delay Damages from any amounts then due or to become due Contractor. If Contractor disputes Owner’s claim for Delay Damages, Contractor shall pay Owner for any Delay Damages not in dispute and the dispute shall be resolved pursuant to ARTICLE 19.

Late Completion Notice. Owner shall provide a Notice to Contractor of such late Substantial Completion (a "Late Completion Notice") and any Delay Damages due pursuant to Section 7.3. Within thirty (30) days following the receipt of any Late Completion Notice, Contractor shall pay the undisputed Delay Damages set forth therein or the Owner, at the Owner’s option, upon consultation with and approval of the Authority, may deduct the Delay Damages from any amounts then due or to become due Contractor. If Contractor disputes Owner’s claim for Delay Damages, Contractor shall pay Owner for any Delay Damages not in dispute and the dispute shall be resolved pursuant to ARTICLE 19.