Common use of Retention of payment Clause in Contracts

Retention of payment. In case of the Contractor's breach of contract, the Purchaser may withhold payment until it has been documented that the breach has been remedied. The Purchaser may only withhold such sum which is required in order to ensure the Purchaser's claim due to the breach.

Retention of payment. In case of the Contractor's breach of contract, the Purchaser may withhold payment until it has been documented that to secure the Purchaser’s claim resulting from the breach has been remedied. The Purchaser may only withhold such sum which is required in order to ensure the Purchaser's claim due to the breachof contract.

Retention of payment. In case of the Contractor's breach of contract, the Purchaser may withhold payment until it has been documented that the breach has been remedied. The Purchaser may only withhold such sum which is the amount required in order to ensure the Purchaser's claim due to the breach.