Hold-Back Rights. The Minister may withhold up to ten per cent (10%) of the Contribution prior to the completion of the Project or until such audit as he/she tray require has been performed. In the event that no audit has been performed eighteen months after receipt of the final claim, any amount so withheld shall be released to the Proponent.
Appears in 2 contracts
Samples: Technology Partnership Agreement (Mitel Networks Corp), Technology Partnership Agreement (Mitel Networks Corp)
Hold-Back Rights. The Minister may withhold up to ten per cent (10%) of the Contribution prior to the completion of the Project or until such audit as he/she tray may require has been performed. In the event that no audit has been performed eighteen months after receipt of the final claim, any amount so withheld shall be released to the Proponent.
Appears in 2 contracts
Samples: Technology Partnerships Agreement, Technology Partnerships Agreement
Hold-Back Rights. The Minister may withhold up to ten per cent percent (10%) of the Contribution prior to the completion of the Project or until such audit as he/she tray may require has been performed. In , in the event that no audit has been performed eighteen months after receipt of the final claim, any amount so withheld shall be released to the Proponent.
Appears in 1 contract
Samples: Technology Partnerships Agreement (Offshore Systems International LTD)
