Common use of Retention of Contribution Clause in Contracts

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.

Appears in 2 contracts

Samples: Icip Contribution Agreement, Icip Contribution Agreement

AutoNDA by SimpleDocs

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.

Appears in 2 contracts

Samples: Ptif Contribution Agreements, Provincial Contribution Agreement

AutoNDA by SimpleDocs

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 fulfilledNova Scotia.

Appears in 1 contract

Samples: Provincial Contribution Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!