. The Contracting Officer may lower or suspend overall performance-centered payments, liquidate effectiveness-based mostly payments by deduction from any payment under the agreement, or choose a combination of these steps soon after obtaining upon substantial proof any of the next problems:
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Even so, these corporations don’t fork out the sellers promptly following the sale but may adhere to a monthly or threshold-primarily based payment cycle. This mechanism will allow these corporations to carry the cash longer, so they may Possess a negative CCC.
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(2) collected by a legislation enforcement company if a peace officer of that company executes a warrant in opposition to the individual charged While using the offense.
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(b) A person commits an offense if he deliberately or knowingly helps make a materially Wrong or 32 cash misleading created assertion to obtain assets or credit score, such as a mortgage financial loan.
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Equally, insurance policies or brokerage businesses don’t get products wholesale for retail, so CCC doesn’t implement to them.
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