Retention of Contribution. The Province will retain 10% of the Maximum Funds in respect of each Project (“Holdback”) up until the Recipient has fulfilled all of its obligations under the Agreement for the Project.
Retention of Contribution. The Province will retain a maximum of 10% of the provincial funding and 5% of the federal funding in respect of each Project (“Holdback”) up until the following conditions have been met:
(a) the Recipient has fulfilled all of its obligations under the Agreement for the Project;
(b) the Recipient has submitted a Declaration of Project Substantial Completion to the Province; and
(c) the Parties have jointly carried out a final reconciliation, as set out in section J.6.1 (Final Reconciliation and Adjustments), and made any adjustments required in the circumstances.
Retention of Contribution. Canada will retain up to five percent (5%) of its contribution under this Agreement. Any amount retained by Canada will be released by Canada upon review and acceptance of the final report described under Section 8.2 (Final Report) and the Recipient fulfills all of its obligations under this Agreement.
Retention of Contribution. Canada will retain a minimum of ten percent (10%) of its funding for the Program under this Agreement. The amount retained by Canada for the Program will be released by Canada when:
a) Ontario fulfils all of its obligations for the Program under this Agreement; and
b) the Parties carry out a final reconciliation of all claims and payments in respect of the Program and make any adjustments required in the circumstances.
Retention of Contribution. Payments made during the Project will not exceed 90% of the Contribution. The Project is subject to a financial holdback of 10% until the Project is completed to the satisfaction of Canada and the Province, and all reporting requirements have been fulfilled.
Retention of Contribution. Canada will retain a maximum of five percent (5%) of its contribution funding under this Agreement. The amount retained by Canada will be released by Canada when:
a) Ontario fulfils all of its obligations under this Agreement;
b) Ontario submits an attestation from a delegated official and in a format acceptable to Canada, that all Projects have been Substantially Completed and contribution funding under this Agreement has been spent on Eligible Expenditures; and
c) the Parties jointly carry out a final reconciliation of all claims and payments in respect of this Agreement and make any required adjustments.
Retention of Contribution. Saskatchewan will retain a maximum of five percent (5%) of its contribution funding under this Agreement. The amount retained by Saskatchewan will be released by Saskatchewan when:
a) The Ultimate Recipient fulfils all of its obligations under this Agreement;
b) The Ultimate Recipient submits an attestation, from a delegated official and in a format acceptable to Saskatchewan, that the Project has been Substantially Completed and contribution funding under this Agreement has been spent on Eligible Expenditures; and
c) The Parties jointly carry out a final reconciliation of all claims and payments in respect of this Agreement and make any required adjustments.
Retention of Contribution. The Province will retain a minimum of 10% of the funding for the Project (“Holdback”) up until the following conditions have been met:
(a) the Recipient has fulfilled all of its obligations under the Agreement;
(b) the Parties have carried out a final reconciliation of all requests for payments and payments in respect of the Project and made any adjustments required in the circumstances; and
(c) Canada has released the 10% of its funding contribution retained pursuant to section 9.4 (Retention of Contribution) of the Bilateral Agreement to the Province.
4. Schedule “B” (Project Specific Information) of the Agreement is amended by deleting:
(a) “March 31, 2020”, in the 1st row and 2nd column of the chart, and replacing it with “March 31, 2021”;
Retention of Contribution. Canada may retain up to five percent (5%) of its funding under this Agreement. Any amount retained by Canada will be released by Canada when New Brunswick fulfils all of its obligations under this Agreement.
Retention of Contribution. The Province will retain a minimum of 10% of the funding for the Project (“Holdback”). The Province will release the amount retained when:
(a) the Recipient fulfils all of its obligations under the Agreement; and
(b) the Parties have carried out a final reconciliation of all requests for payments and payments in respect of the Project and made any adjustments required in the circumstances. A.5.0 TGEKRKGPVÓU CESWKUKVKQP QH IQQFU QT UGTXKEGU. TGNCVGF EQPVTCEVU AND DISPOSAL OF ASSETS
