Retention of Payments. Upon expiration or termination of this Agreement for whatever reason, Licensor shall be entitled to retain all royalty payments or other payments paid by Licensee under this Agreement, and any remaining royalty payments, or other payments incurred during the Term of this Agreement shall be due and payable immediately. In the event of a Post-Termination Sale, any amounts due or payments incurred during the period of the Post-Termination Sale, shall be due and payable immediately.
Retention of Payments. The Contractor and the Village agree that the Village may withhold payments due to the Contractor by virtue of this Agreement if, in the Village’s sole discretion, such amounts are necessary to protect the Village from any loss from any claim, suit, loss, or judgment until such claim, suit, loss, or judgment has been settled or discharged to the satisfaction of the Village.
Retention of Payments. Licensor will have the right to retain all amounts previously paid to Licensor by Licensee and Licensee will have the right to retain all amounts previously paid to Licensee by Licensor.
Retention of Payments. KKC will have the right to retain all amounts previously paid to KKC by AEVI.
Retention of Payments. In addition to the assessment of monetary sanctions, if applicable, pursuit of actual damages, or termination of this Contract:
Retention of Payments. Upon expiration or termination of this Agreement, Ligand will have the right to retain all amounts previously paid to Ligand by Palvella.
Retention of Payments. Upon any termination of this Agreement, subject to any claims by QLT under this Agreement, RGX may retain any sums already paid by QLT hereunder. 11.10
Retention of Payments a. In addition to its right to retain any Semi-Monthly Payment expressly provided elsewhere in this Agreement, the Department shall have the right to retain certain amounts of money otherwise due to PHS, Inc., from one or more of the Semi-Monthly Payments due to PHS, Inc. or, the Clinical Contractors, pursuant to this Agreement, without any resulting reductions in Contract Services, if the Department reasonably determines in good faith (on the basis of an investigation or audit conducted by itself, its designee or a government agency, or otherwise, and notification to PHS, Inc., for itself and on behalf of the Clinical Contractors) that any of the Contractors have received payment for Contract Services based on inappropriate billing of the Department by any of the Contractors. The Department shall only retain the amount of such billing as it deems inappropriate and shall retain such amounts from the particular contractor which received the overpayment or inappropriate payment.
b. Before exercising its right to retain funds, the Department shall give notice to PHS, Inc., of its intention to retain funds otherwise due to PHS, Inc. or the Clinical Contractors. Such notice shall advise PHS, Inc., of the amount of funds to be retained with respect to the applicable Contractor, the justification for the retention of funds, and the schedule for implementing the retention of funds (the “Intent to Retain Notice”). In the event that PHS, Inc. disputes the Intent to Retain Notice in whole or in part, PHS Inc shall be required to inform the Department within fifteen (15) working days of receipt of the Notice of the basis for the dispute. PHS, Inc. shall provide any necessary documentation to support its position. The parties shall make good faith efforts to resolve the dispute, however, in the event the parties cannot agree on whether funds should be retained by the Department or the amount of the retention within fifteen (15) working days of PHS, Inc informing the Department of the dispute, then the Department may exercise its right to retain the funds.
Retention of Payments. The District reserves the right to retain the portion of any payment that is required to cover out-of-pocket costs the District incurs in anticipation of a lease that the Lessee suspends or terminates, or causes to be suspended or terminated, in whole or part.
Retention of Payments. In addition to pursuit of actual damages, or termination of this Agreement, if any failure of Contractor to meet any requirement of this Agreement result in the withholding of Federal funds from the State, the Department will withhold and retain an equivalent amount from payment(s) to Contractor until such Federal funds are released to the State, at which time the Department will release to Contractor the equivalent withheld funds.
