Common use of Payment Withheld for Default Clause in Contracts

Payment Withheld for Default. LACERA shall not authorize and shall withhold payment for Services provided if LACERA terminates this Agreement for default pursuant to Section 11 above.

Appears in 5 contracts

Samples: Investment Vendor Services Agreement, Investment Consulting Services Agreement, Investment Vendor Services Agreement

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Payment Withheld for Default. LACERA shall not authorize and shall withhold payment for Services services provided if LACERA terminates this Agreement for default pursuant to Section 11 6.C or Section 6.D above. In the event the damages caused by such default are less than the withheld payment for services, the amount withheld in excess of the damages shall be paid to Actuary.

Appears in 1 contract

Samples: Actuarial Consulting Agreement

Payment Withheld for Default. LACERA shall not authorize and shall withhold payment for Services services provided if LACERA terminates this Agreement for default pursuant to Section 11 7.C or Section 7.D above.

Appears in 1 contract

Samples: Consulting Services Agreement

Payment Withheld for Default. LACERA shall not authorize and shall withhold payment for Services services provided if LACERA terminates this Agreement for default pursuant to Section 11 15 above.

Appears in 1 contract

Samples: Investment Management Agreement

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Payment Withheld for Default. LACERA shall not authorize and shall withhold payment for Services services provided if LACERA terminates this Agreement for default pursuant to Section 11 18 above.

Appears in 1 contract

Samples: Investment Management Agreement

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