Laserfiche WebLink
ARTICLE 6 <br /> � FINAL PAYMENT <br /> Final payment,constitudng the entire unpaid b:ilance of the Contract Sum,shall be made by the Owner to the Contractor when(1) <br /> • the Contract has bcen'fully performed by the Contracror except for the Contractor's responsibility to correct nonconforming <br /> Work as provided in Subparagraph 12.2.2 of the General Conditions and to sadsfy other reyuirements,if any,which necessarily� <br /> survive final paymenh,and(2)a finai Certificate for Payment has been issued by the Architect;such final payment shall be made by <br /> the Owner not more than 30 days after the issuance of the Architect's tinal Certificate for Payment, or as follows: <br /> � <br /> ARTICLE 7 <br /> ` MISCELLANEOUS PROVISIONS <br /> 7.1 \�%here reference is made in this Agreement tc�a provision of the General Conditions or another Contract[h�cument,the ref- <br /> ercnce refers to that provision as amended or sunplemented by<uher�rovisions of the Contract Documents, <br /> 7.2 Pa}�mcnts due and unpaid under the C<�ntract shall bear interest from thc datc payment is due at the rate stated helow,or in <br /> the absence thereof, at the Iegal rate prevailing from time to time at the place where the Project is i<�cated. <br /> (lns��r(rnle r J irilt•re�f nRreerl�ipori. i/mtl'.1 <br /> Interest Rate shall be 11.570. <br /> (('surp lnrtx nnArequirt�m��nls iutder Ihp l�i•dernf 7'rtrth in/.en�lirrX Ac l,.cAriifar stnfr nnAlucnl<nnsun�er rr��dit l�rus nnrl otlrrr reX�dnfirnrs af Ibe��e ner:�rrnd <br /> Corrlrncfur's prin�lpn!pl�rcrs r f Nusiness,fhc lucntlon r j�be Prujrc i nrid��l.cr�r/rrre mnp�rJ'J'rd�h�•rrrlidl�p oj iA(s pror•is(nn.GcXnl nalrirr sbnulrt Ix�ubininerl <br /> rr/tb rps/�ec!!r�d�•li�linns ur moAi/icnfinns,and nLco rcKmdbr,q requir��mrnt.c.cuch ns tt�rrflen distlus��r��s ar uvtlr�er:s.J <br /> 7..� O[Ile(�f0�'ISIOt15: <br /> In the e��ent of. dPf_ault under terms of this contract, the de.faulting <br /> party agr_e�� to pay the other partie's reasonable legal fees incurred <br /> with such def_ault. <br /> ARTICLE 8 <br /> ` TERMINATION OR SUSPENSION <br /> 8.1 7'he C<intrart ma}� he termin:�ted hy the C)wner c�r the C<�ntractc�r as rren�ided in Article l4 <�f the(',eneral Cc�nditicros. <br /> 8.2 'Che ��G'c�rk may he sus�ended hy the On�ner as provided in Article 14 c�f the General Ce>nditicros. <br /> AIA DOCUMENT A101 • c)�K NI°.R-Cc)N'I RAC70R nc;REF,�tEN7'• l'VI'F.I.FI 11 Iil)Illt>N • AIn` • r�)19H7 <br /> l'llfi A�1F.RICAN INS1'ITI�TF.OP ARCH��I:(:TR,17i5 NF.VI'YORK AVF.NI�E,N.V!'.,\�'ASIIIN<�T(�N,1).(:.21NNKi A101-1987 �J <br />