Common use of Retained Payments Clause in Contracts

Retained Payments. 9.3.1 Notwithstanding anything to the contrary contained in Clause 9.1, [five percent (5%)] of the amount of Fixed Payments payable to the Company for Dependable Capacity (“Retained Amount”) shall be withheld by JPS to ensure the complete satisfaction by the Company of all of its obligations with respect to the Complex under Clause 4.2; provided that the Retained Amount shall never be greater than [ten percent (10%)] of the amount of Fixed Payments payable to the Company for Dependable Capacity or the Jamaican Dollar equivalent.

Retained Payments. 9.3.1 9.4.1 Notwithstanding anything to the contrary contained in Clause 9.19.2, [five percent (5%)] of the amount of Fixed Payments payable to the Company for Dependable Capacity (“Retained Amount”) shall be withheld by JPS to ensure the complete satisfaction by the Company of all of its obligations with respect to the Complex under Clause 4.2; provided that the Retained Amount shall never be greater than [ten percent (10%)] of the amount of Fixed Payments payable to the Company for Dependable Capacity or the Jamaican Dollar equivalent.