Common use of Payments Withheld or Nullified Clause in Contracts

Payments Withheld or Nullified. The Design Professional or the Owner may withhold or, on account of subsequently discovered evidence, nullify the whole or a part of any certificate to such extent as may be necessary to protect the Owner from loss because of the following conditions:

Appears in 38 contracts

Sources: Construction Contract, Construction Contract, Construction Contract

Payments Withheld or Nullified. The Design Professional or the Owner may withhold or, on account of subsequently discovered evidence, nullify the whole or a part of any certificate to such extent as may be necessary to protect the Owner from loss because of the following conditions: (a) Defective work not remedied. (b) Claims or liens filed. (c) Failure of the Contractor to make payments properly to Subcontractor or Supplier for materials or labor. (d) A reasonable doubt that the Contract can be completed for the balance then unpaid.

Appears in 3 contracts

Sources: Construction Contract, Construction Contract, Construction Contract

Payments Withheld or Nullified. The Design Professional or the Owner may withhold or, on account of subsequently discovered evidence, nullify the whole or a part of any certificate to such extent as may be necessary to protect the Owner from loss because of the following conditions: (a) Defective work not remedied.β€Œ (b) Claims or liens filed (c) Failure of the Contractor to make payments properly to Subcontractor or Supplier for materials or (d) A reasonable doubt that the Contract can be completed for the balance then unpaid.β€Œ

Appears in 1 contract

Sources: Construction Contract