Retention and security. We retain personal information for as long as necessary to provide you with insurance cover and meet the other purposes for collection, use and disclosure described in this Privacy notice, or as otherwise required or permitted by law. When your Personal Information is no longer required, we will make all reasonable efforts to ensure all electronic and hard copies of such information are securely destroyed and irreversibly deleted from our systems. We use various physical, technical and administrative security measures, appropriate to the sensitivity of the personal information, that are designed to protect against loss, theft, unauthorized access, disclosure, copying, use or modification by. Although we will take reasonable measures to protect personal information, the transmission of information through the internet or other electronic means is not guaranteed to be secure and may create risks for the privacy and security of your information. Subject to certain exceptions provided by applicable law, you have the right to access your personal information, request corrections about your personal information if you identify any inaccuracies, and request that we delete your information. If you would like to exercise any of these rights, please contact the Ombudsperson at xxxx@xxxxxx.xx. The Ombudsperson can also provide additional information about Lloyd’s policies and practices, answer questions about the collection, use, disclosure or storage of personal information by Lloyd’s and its service providers located outside Canada, as well as discuss any complaints you may have regarding the collection, use and disclosure of your personal information.
Retention and security. 12.1 Where the Sub-Contractor Works have not reached practical completion the Contractor will deduct and retain from any monies otherwise due under Clause 11, 5% of the Sub-Contract Price (“Retention”).
12.2 The Sub-Contractor shall inform the Contractor in writing when in his opinion the Sub-Contract Works are practically complete. If the Contractor does dissent, then as soon as the Contractor is satisfied that such works are complete, the Contractor shall notify the Sub-Contractor and practical completion of such works shall be deemed to have taken place on the date notified by the Contractor.
Retention and security. 16.1 Where stated in the Purchase Order or elsewhere in the Agreement, the Contractor shall be entitled to retain a percentage (the “retention percentage” in the Purchase Order) of the value of each interim payment as security for the Sub-Contractor’s due and proper performance of the Agreement (“Retention”).
16.2 The Contractor shall return 50% of the Retention to the Sub-Contractor not later than 1 month after the final day of the month following the date in which the Contractor notifies the Sub- Contractor that the Sub-Contract Works are practically complete by way of the issue of a certificate of practical completion, or when all required works are signed off by the Contractor as being complete. Whichever is the later. The remaining 50% shall be returned 12 months thereafter.
Retention and security. 6.1 MHO, MOF and the Service Manager will each retain the PI that it receives from the other for only the minimum period that is legally and administratively required for the Program. MHO, MOF and the Service Manager will destroy the PI at the end of the retention period in accordance with FIPPA and MFIPPA, as applicable, and the best practices and guidelines listed in section 4.3.
6.2 The following principles will govern the physical destruction of the PI:
(a) record disposal and destruction should be carried out in a way that protects the confidentiality of any information it contains and in accordance with FIPPA and MFIPPA, as applicable, and the best practices and guidelines listed in section 4.3; and
(b) where a record is authorized for destruction, all copies of it, including security and backup copies, must be destroyed.
Retention and security. 12.1 The Contractor shall be entitled to retain 5% (unless a different figure is stated in the Order) of the value of each interim payment as security for the Sub-Contractor’s due and proper performance of this Agreement.
12.2 The Contractor must return half of the amounts retained from all interim payments to the Sub-Contractor within 5 days of the Contractor notifying the Sub-Contractor that the Sub-Contract Works are practically complete in accordance with clause 13.1.
12.3 The Contractor must return the balance of the amounts retained from all interim payments to the Sub-Contractor not later than 28 days after the end of the defects rectification period.
12.4 If the Sub-Contractor has provided a bond, and that bond has not been called upon, the Contractor must return the bond to the Sub-Contractor not later than 28 days after the end of the defects rectification period.
12.5 Subject to clause 11.7 the Contractor may set off against any amounts due to the Sub-Contractor under this Agreement any amounts which the Sub-Contractor may owe the Contractor under this Agreement or otherwise.
12.6 The title of any goods, materials and/or equipment (“the Goods”) supplied or to be supplied pursuant to this Order or incorporated or to be incorporated in the Sub- Contract Works shall pass from the Sub-Contractor to the Contractor on the earlier of:
12.6.1 Delivery to the Site (or if delivery is made by instalments upon delivery of any such instalment),
12.6.2 on payment for the same;
12.6.3 on incorporation into the Sub-Contract Works or the main contract works.
12.7 The Contractor may take possession of the Goods the title to which has passed to the Contractor. The Sub-Contractor shall ensure that such Goods are set aside and clearly marked as the property of the Contractor.
Retention and security. ● Limited Retention: We store only the essential contact details necessary for the functioning of the platform. This ensures we do not hold any unnecessary personal data.
Retention and security. 21.1 If required by the Contract, the Supplier must allow retention and/or provide security for performance of all and any of its obligations under this Contract, for the amount and in the manner specified in the Contract. Where the security required to be provided by the Supplier is Approved Security:
(a) the Supplier must provide the Purchaser with two Approved Securities each for 50% of the amount specified in the Contract within the earlier of the seven (7) days after the date of the Contract and seven (7) days prior to the Supplier’s access to the Site; and
(b) if the total Price increases by more than 10% (from the amount stated in the Purchase Order), the Purchaser may retain from any amount which is due to the Purchaser such further amounts as are required to ensure the amount of security held continues to equal the amount required for security under this clause.
21.2 The Purchaser is entitled to convert the security into cash at any time and may utilise the security to pay for any costs, expenses or damages which the Purchaser claims that it has incurred or might in the future incur as a consequence of any act or omission of the Supplier which the Purchaser asserts constitutes a breach of the Contract.
21.3 The Purchaser must:
(a) within 28 days after:
(i) in case of Goods, all the Goods (if there are Separable Portions, under all Separable Portions) are notified by the Purchaser as being Acceptable; and
(ii) in the case of Works/Services, Completion (if there are Separable Portions, under all Separable Portions) has been achieved for all the Works/Services, release 50% of any retention or security held, and any and all Defects have been completed to the satisfaction of the Purchaser; and
(b) release the balance of the retention or security held within 28 days of the expiry of the Defects Liability Period (and if there are Separable Portions, the last Defects Liability Period), provided all Defects have been completed to the satisfaction of the Purchaser.
21.4 The Purchaser is not obliged to pay the Supplier interest on the retention or Approved Security, the proceeds of the Approved Security, if it is converted into cash, and will not hold the proceeds or money referred to in this clause on trust for the Supplier.
Retention and security. The Subcontractor must provide retention for performance of all and any of its obligations under this Contract. GBSC is entitled to call upon retentions upon giving 5 Business Days written notice where GBSC claims that it has incurred cost as a consequence of any act or omission by the Subcontractor.
(a) GBSC must:
(i) release 50% of any retention or security held promptly after the issue of the Certificate of Practical Completion; and
(ii) Release the balance of the retention promptly after the end of the Defects Liability Period.
Retention and security. We retain personal information for as long as necessary to provide you with insurance cover and meet the other purposes for collection, use and disclosure described in this Privacy notice, or as otherwise required or permitted by law. When your Personal Information is no longer required, we will make all reasonable efforts to ensure all electronic and hard copies of such information are securely destroyed and irreversibly deleted from our systems. Subject to certain exceptions provided by applicable law, you have the right to access your personal information, request corrections about your personal information if you identify any inaccuracies, and request that we delete your information. If you would like to exercise any of these rights, please contact the Ombudsperson at xxxx@xxxxxx.xx. The Ombudsperson can also provide additional information about Lloyd’s policies and practices, answer questions about the collection, use, disclosure or storage of personal information by Lloyd’s and its service providers located outside Canada, as well as discuss any complaints you may have regarding the collection, use and disclosure of your personal information.
Retention and security of information and recordings
