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man000215-055
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This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.

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University of Nevada, Las Vegas. Libraries

N e c u te v e r i f i e d cla im s d e s c r ib in g th e m a te r ia ls su p p lie d , th e work p erform ed, th e amount o r amounts p ay ab le f o r such m ater­i a l s o r work, th e name o r names o f th e c o n t r a c to r o r c o n t r a c t ­o rs to whom payment i s due th e r e f o r and in th e ca se o f claim s by th e F i r s t P a r t i e s , th e sum o r sums due s a id F i r s t P a r t ie s f o r s e r v ic e s rend ered by th e F i r s t P a r t ie s and determ ined as h erein ab o v e p ro v id ed . Each v e r i f i e d c la im s h a l l be p re se n te d to th e Escrow Agent and a copy th e r e o f p re se n te d to th e o th e r p a r ty to t h i s agreem ent. A fte r r e c e i p t o f a copy o f a v e r i ­f i e d cla im s a id p a r ty s h a l l a d v ise th e Escrow Agent o f i t s ap­p ro v a l o r d isa p p ro v a l o f such c la im , provided th a t app roval th e r e o f s h a l l n o t be u n rea so n a b ly w ith h eld o r d elay ed . When such cla im s s h a l l have been approved by th e o th e r p a r ty , th e Escrow Agent s h a l l make payment from s a id R e lo c a tio n Fund as f o llo w s ; (1 ) Where a c o n tr a c t o r c o n tr a c ts s h a l l have been e n te re d in to by th e D is ­t r i c t , th e Escrow Agent s h a l l pay th e a - mount o r amounts s p e c if ie d in th e cla im to th e c o n t r a c to r o r c o n tr a c to r s to whom such amounts a re due f o r m a te r ia ls sup­p lie d o r work perform ed. (2 ) Where a c o n tr a c t o r c o n tr a c ts s h a l l have been e n te re d in to by th e F i r s t P a r t i e s , th e Escrow Agent s h a l l pay th e amount o r amounts s p e c if ie d in th e cla im to th e c o n tr a c to r o r c o n tr a c to r s to whom such amounts a re due f o r m a te r ia ls sup­p lie d o r work perform ed and s h a l l pay to th e F i r s t P a r t ie s a sura o r sums d e t e r ­mined as h erein ab o v e p rovided f o r s e r v ­i c e s rend ered by th e F i r s t P a r t i e s . When a l l th e work provided f o r in S e c tio n 5 has been com pleted and a l l c o n tr a c to r s employed e i t h e r by th e D i s t r i c t o r th e F i r s t P a r t ie s s h a l l have been p aid in f u l l , th e D i s t r i c t and th e F i r s t P a r t ie s s h a l l so n o t i f y th e Escrow A gent, and thereupon any p o r tio n o f th e R e lo c a tio n Fund rem aining in th e hands o f th e Escrow Agent s h a l l be p aid to th e D i s t r i c t . 2 0 .