Common use of No Acceptance Clause in Contracts

No Acceptance. No payment made by the Owner under this Agreement will constitute a waiver of any claim or right the Owner may have at that time or thereafter, including claims regarding unsettled Liens, warranty rights and indemnification obligations of the Contractor. No Payment made by the Owner under this Agreement will be considered or deemed to represent that the Owner has inspected the Work, accepted or checked the quality or quantity of the Work or that the Owner knows or has ascertained how or for what purpose the Contractor has used sums previously paid, and will not be deemed or construed as an approval or acceptance of any Work, or to relieve the Contractor of any of the Contractor’s obligations under this Agreement, or as a waiver of any claim or right that the Owner may have under this Agreement. All payments will be subject to correction or adjustment in subsequent payments with a detailed explanation submitted by the Owner to the Contractor describing such correction or adjustment.