Common use of 23a FEE Clause in Contracts

23a FEE. (a) Company shall pay Seller the fee as specified for performing this Agreement. (b) Payment of the fee shall be made as specified in the Agreement; provided, that after payment of 85 percent of the fee, Company may withhold further payment of fee until a reserve is set aside in an amount that Company considers necessary to protect the Government's interest. This reserve shall not exceed 15 percent of the total fixed fee or $100,000, whichever is less.

23a FEE. (a) Company shall pay Seller the fee as specified for performing this Agreement. (b) Payment of the fee shall be made as specified in the Agreement; provided, that after payment of 85 percent of the fee, Company may withhold further payment of fee until a reserve is set aside in an amount that Company considers necessary to protect the Government's ’s interest. This reserve shall not exceed 15 percent of the the. total fixed fee or $100,000, whichever is less.

23a FEE. (a) Company shall pay Seller the fee as specified for performing this Agreement. (b) Payment of the fee shall be made as specified in the Agreement; provided, that after payment of 85 percent of the feetee, Company may withhold further payment of fee until a reserve is set aside in an amount that Company considers necessary to protect the Government's ’s interest. This reserve shall not exceed 15 percent of the the. total fixed fee or $100,000, whichever is less.