Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister may, at the Minister's sole discretion, withhold up to ten percent (10 %) of the Contribution amount until: (a) the Project is completed to the satisfaction of the Minister; (b) the Recipient has satisfied all the conditions of this Agreement; (c) the final report described in Subsection 6.6 (a) (iii) has been submitted to the satisfaction of the Minister; (d) audits and site visits, where required by the Minister, have been completed to the satisfaction of the Minister; and (e) the Minister has approved the final claim described in Subsection 6.6.
Appears in 7 contracts
Samples: Contribution Agreement, Contribution Agreement, Contribution Agreement
Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister may, at the Minister's ’s sole discretion, withhold up to ten percent (10 10%) of the Contribution amount until:
(a) the Project is completed to the satisfaction of the Minister;
(b) the Recipient has satisfied all the conditions of this Agreement;
(c) the final report described in Subsection 6.6 (a) (iii8.3(c) has been submitted to the satisfaction of the Minister;
(d) audits and site visits, where required by the Minister, have been completed to the satisfaction of the Minister; and
(ec) the Minister has approved the final claim described in Subsection 6.68.3.
Appears in 6 contracts
Samples: Strategic Innovation Fund Agreement (Edesa Biotech, Inc.), Strategic Innovation Fund Agreement, Sif Agreement (Algoma Steel Group Inc.)
Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister maywill, at the Minister's ’s sole discretion, withhold up to ten percent (10 10%) of the Contribution amount until:
(a) the Project is completed to the satisfaction of the Minister;
(b) the Recipient has satisfied all the conditions of this Agreement;
(c) the final report described in Subsection 6.6 (a) (iii6.4(a)(iv) has been submitted to the satisfaction of the Minister;
(d) audits and site visitsvisit, where required by the Minister, have been completed to the satisfaction of the Minister; and
(e) the Minister has approved the final claim described in Subsection 6.66.4.
Appears in 3 contracts
Samples: Contribution Agreement (BioAmber Inc.), Contribution Agreement (BioAmber Inc.), Contribution Agreement (BioAmber Inc.)
Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister may, at the Minister's ’s sole discretion, withhold up to ten percent (10 10%) of the Contribution amount until:
(a) the Project is completed to the satisfaction of the Minister;
(b) the Recipient has satisfied all the conditions of this Agreement;
(c) the final report described in Subsection 6.6 (a) (iii8.4(c) has been submitted to the satisfaction of the Minister;
(d) audits and site visits, where required by the Minister, have been completed to the satisfaction of the Minister; and
(ec) the Minister has approved the final claim described in Subsection 6.68.4.
Appears in 1 contract
Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister may, at the Minister's ’s sole discretion, withhold up to ten percent (10 10%) of the Contribution amount until:
(a) the Project is completed to the satisfaction of the Minister;
(b) the Recipient has satisfied all the conditions of this Agreement;
(c) the final report described in Subsection 6.6 (a) (iii8.3(c) has been submitted to the satisfaction of the Minister;
(d) audits and site visits, where required by the Minister, have been completed to the satisfaction of the Minister; and
(ec) the Minister has approved the final claim described in Subsection 6.68.3.
Appears in 1 contract
Samples: Strategic Innovation Fund Agreement (Spire Global, Inc.)
Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister may, at the Minister's sole discretion, withhold up to ten percent (10 %) of the Contribution amount until:
(a) the each Project is completed to the satisfaction of the Minister;
(b) the Recipient has satisfied all the conditions of this Agreement;
(c) the final report described in Subsection 6.6 (a) (iii) has been submitted to the satisfaction of the Minister;
(d) audits and site visits, where required by the Minister, have been completed to the satisfaction of the Minister; and
(e) the Minister has approved the final claim described in Subsection 6.6.
Appears in 1 contract
Samples: Contribution Agreement
Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister may, at the Minister's sole discretion, will withhold up to ten percent (10 10%) of the Contribution amount until:
(a) the Project is completed to the satisfaction of the Minister;
(b) the Recipient has satisfied all the conditions of this Agreement;
(c) the final report described in Subsection 6.6 (a) (iii8.3(c) has been submitted to the satisfaction of the Minister;
(d) audits and site visits, where required by the Minister, have been completed to the satisfaction of the Minister; and
(ec) the Minister has approved the final claim described in Subsection 6.68.3.
Appears in 1 contract
Samples: Sif Agreement (D-Wave Quantum Inc.)
Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister may, at the Minister's sole discretion, withhold up to ten percent (10 10%) of the Contribution amount until:
(a) the Project is completed to the satisfaction of the Minister;
(b) the Recipient has satisfied all the conditions of this Agreement;
(c) the final report described in Subsection 6.6 (a) (iii8.3(c) has been submitted to the satisfaction thesatisfaction of the Minister;
(d) audits and site visits, where required by the Minister, have been completed to the satisfaction of the Minister; and
(ec) the Minister has approved the final claim described in Subsection 6.68.3.
Appears in 1 contract
Samples: Strategic Innovation Fund Agreement (Edesa Biotech, Inc.)
Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister may, at the Minister's sole discretion, withhold up to ten percent (10 %) of the Administration & Outreach portion of the Contribution amount until:
(a) the Project is completed to the satisfaction of the Minister;
(b) the Recipient has satisfied all the conditions of this Agreement;
(c) the final report described in Subsection 6.6 (a) (iii) has been submitted to the satisfaction of the Minister;
(d) audits and site visits, where required by the Minister, have been completed to the satisfaction of the Minister; and
(e) the Minister has approved the final claim described in Subsection 6.6.
Appears in 1 contract
Samples: Contribution Agreement
Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister maywill, at the Minister's sole discretion, withhold up to ten percent (10 10%) of the Contribution amount until:
(a) the Project is completed to the satisfaction of the MinisterSubstantially Completed;
(b) the Recipient has satisfied all the conditions of this Agreement;
(c) the final report Final Review Form described in Subsection 6.6 (a) (iii6.4(a)(ii) has been submitted to the satisfaction of the Minister;
(d) audits and site visits, where required by the Minister, have been completed to the satisfaction of the Minister; and
(e) the Minister has approved the final claim described in Subsection 6.66.4.
Appears in 1 contract
Samples: Contribution Agreement
Holdbacks. Notwithstanding any other provisions of this Agreement, the Minister may, at the Minister's minister’s sole discretion, withhold up to ten percent (10 10%) of the Contribution amount until:
(a) the Project is completed to the satisfaction of the Minister;
(b) the Recipient has satisfied all the conditions of this Agreement;
(c) the final report described in Subsection 6.6 (a) (iii6.5(a)(iii) has been submitted to the satisfaction of the Minister;
(d) audits and site visitsvisit, where required by the Minister, have been completed to the satisfaction of the Minister; , and
(e) the Minister has approved the final claim described in Subsection 6.6.
Appears in 1 contract