Performance Holdback. A Performance Holdback of $10.00/mbf net scale shall be paid to COUNTY on CONTRACTOR’S behalf from delivery locations. Any or all of posted Performance Holdback may be retained by COUNTY for Non-compliance with this contract by CONTRACTOR at COUNTY’S discretion. Performance Holdback shall be returned to CONTRACTOR upon satisfactory completion of this contract as determined by COUNTY, by CONTRACTOR.
Performance Holdback. 20.3.1 Upon the expiry of the applicable period under the CLA for preserving construction liens in respect of the Design Build Work and providing that there have been no construction liens preserved in respect of the Project which have not been vacated, released or discharged, the Owner shall be entitled to continue to retain that portion of the CLA holdback equal to five per cent (5%) of the Lump Sum Price as the Performance Holdback.
Performance Holdback. 500,000 of the Shares to be issued at Closing (the “Performance Escrowed Securities”) shall be held in escrow pursuant to the Escrow Agreement and released in accordance with the terms thereof on the date that is 12 months after the Closing Date subject to the Business having earlier achieved the domestic and international sales and financial goals set forth on Schedule 2.4(d) (the “Performance Goals”). Failure of the Business to satisfy the Performance Goals shall result in cancellation of some or all of the Performance Escrowed Shares by the Purchaser, in accordance with Schedule 2.4(d).
Performance Holdback. Following Chautauqua's introduction of Services hereunder with the [*] US Airways will [*]
Performance Holdback. Buyer shall withhold from the Purchase Price on the Closing Date an amount equal to 10% of the Purchase Price (the "Performance Holdback") which amount shall be held by Buyer until no later than 5:00 p.m. on ________________, for the purpose of allowing Buyer sufficient time in order to confirm the transaction histories of each Mortgage Loan set forth on the Mortgage Loan Schedule, attached hereto as Exhibit "A", which transaction histories Seller has agreed to provide Buyer on the Closing Date pursuant to Section 2.01 of this Agreement. Seller agrees that the existence of this Performance Holdback shall not relieve Seller of any responsibilities or obligations to Buyer under the terms and conditions of this Agreement nor from any and all warranties and representations made by Seller to Buyer under the terms of this Agreement. Buyer shall pay Seller simple interest at the per annum rate of 5.25% on the Performance Holdback amount from the Closing Date until the date Buyer remits the Performance Holdback amount to Seller; provided, however, Buyer shall not be required to pay any such interest on any portion of the Performance Holdback amount not ultimately remitted by Buyer to Seller.
Performance Holdback. The County shall reimburse the CONTRACTOR for its actual, and allowable cost incurred for services rendered, less a 15% holdback pending attainment of the performance outcomes specified below as of June 30,2002. 50% of the holdback will be earned when 70% of all enrolled participants have completed a Career Advancement Plan after the third month. 50% of the hold back will be earned when 75% of all enrolled participants indicate that they are employed at the 3 month point (3 months after program enrollment.) The performance outcomes specified above may be changed by written notification from COUNTY. CONTRACTOR will invoice for the performance holdback payments not later than July 30, 2002. s CONTRACTOR n Exhibit D Project Budget 2001-02 Shoreline Occupational Services Post-Employment Career Advancement Project Salaries and Benefits Salaries and Wages 92,935.00 Fringe Benefits Total Salaries and Benefits 118,957.00 Services and Supplies Space 400 sq. 4,800.00 Facility Maintenance: 792.00 1,188.00 Equipement Rental Maintenance, Small tools and Communications 4 Pager Cell Phones Telephone (includes Internet service) Postage Travel 1,000.00 1,920.00 120.00 Local Travel 2000 miles@ 2,784.00 costs 1,500.00 Staff Training 1,590.00 Supplies and Printing 1,750.00 Professional Services and 1,000.00 Insurances Bond 2,400.00 Other Participant incentives 2,465.00 Advertising and Recruitment 650.00 Total Services and Supplies 25,159.00 Administrative/ Indirect Costs 11,896.00
