Reduction in Payment Sample Clauses

Reduction in Payment. 1. OWNER xxx refuse to make payment of the full amount recommended by ENGINEER because:
AutoNDA by SimpleDocs
Reduction in Payment. 1. City may refuse to make payment of the amount requested because:
Reduction in Payment. FIS shall be entitled to make reductions in in the Consideration if the LOC does not deliver the infrastructure, facilities and/or services specified in the Technical Annex and pursuant to this Agreement to the full satisfaction of FIS, and:
Reduction in Payment. If the District partially terminates this lease with regard to an Extended Day Care Space under Section 6.5.3, the Payment Due under this lease shall be reduced according to the proportion of payment allocated to such space as set forth in Exhibit A.
Reduction in Payment. Owner may refuse to make the whole or any part of any such payment, or because of subsequently discovered evidence or the results of subsequent inspections or tests, nullify any previous payment, to the extent that is reasonably necessary to protect Owner from loss because:
Reduction in Payment. DNR may withhold or, on account of subsequently discovered evidence, nullify the whole or part of any payment to such extent as may be necessary to protect DNR from loss or damage for reasons including but not limited to:
Reduction in Payment. Except as otherwise provided in an Employment Agreement, if payments made to Employee by the Company, including payments pursuant to the Award, are considered “excess parachute payments” within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”), then such Award payment due under this agreement will be reduced, but not below zero, such that the sum of the payments to the Employee under the Award plus any other payments to the Employee by the Company shall be limited to the greatest amount which may be paid to the Employee without causing a loss of deduction to the Company under Section 280G of the Code or an excise tax liability to the Employee under Section 4999 of the Code.
AutoNDA by SimpleDocs
Reduction in Payment. 7.3.1 UTILITIES may refuse to make payment of the full amount because:
Reduction in Payment. In the event that any payment hereunder would, in the opinion of the Company's independent accounting firm, if not reduced, cause an excise tax under Section 4999 of the Internal Revenue Code of 1986, as amended on Consultant, the amount of such payment shall be reduced by the minimum amount, if any, that in the opinion of such accounting firm, is necessary to avoid such excise tax. The determination of the accounting firm shall be conclusive and binding on the parties.
Reduction in Payment. Should the Stadium be unavailable for any LSC Home Soccer Games as a result of the destruction or other limitation in the use of the Stadium, the payments due the City and the City’s Marketing Payment pursuant to Article X shall be reduced proportionately to that limitation of use. In the event the City's insurance coverage provides LSC with reimbursement for lost profits, payments due the City shall not xxxxx, but will continue uninterrupted.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!