Common use of Hold Back or Set Off Clause in Contracts

Hold Back or Set Off. Provided that the Board has given the requisite notice identified in the Contract, it may hold back payment or set off against payment if, in the opinion of the Board acting reasonably, the Supplier has failed to comply with any requirements of the Contract.

Hold Back or Set Off. Provided that the The Board has given the requisite notice identified in the Contract, it may hold back payment or set off against payment if, in the opinion of the Board acting reasonably, the Supplier has failed to comply with any requirements of the Contract.