Retention Percentage Sample Clauses

Retention Percentage. (The percentage is 3 per cent unless a different rate is stated. If no retention is required insert ‘Nil’ or ‘0’) Nil per cent.
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Retention Percentage. (The percentage is 3 per cent unless a different rate is stated; if no retention is required, insert ‘Nil’ or ’O’.) NIL-See 4.17 above [15] Cumulative value of final stage must be equal to the Contract Sum. [16] The first date should not be more than one month after the Date of Possession. Where it is intended that interim Applications be made on the last day of each month, the entry may be completed/amended to read “the last day of (insert month) and thereafter the last day in each month or the nearest Business Day in that month.” After practical completion, clause 4.8.3 provides for intervals of 2 months (or such other period as the Parties agree) between Interim Applications.
Retention Percentage. [3] [5]* per cent (The percentage is 3 per cent unless a different rate is stated; if no retention is required, insert “Nil” or “0”) Clause 5.7 Daywork [Not applicable.]3 [The Percentage Additions to each section of the prime cost or, if they apply in respect of labour, the All-Inclusive Rates, are set out in the following document: ]
Retention Percentage. [Note: Department to insert the percentage of the Funding Contribution beyond which the State will withhold payment until it receives the Post Completion Report]
Retention Percentage see CLAUSE 30.4.1.1. and any entry in Appendix 1 under the reference to CLAUSE 30.4.1.1.
Retention Percentage the percentage stated in the Contract Particulars

Related to Retention Percentage

  • Reallocation of Applicable Revolving Percentages to Reduce Fronting Exposure All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Revolving Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section 11.20, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

  • Reallocation of Applicable Percentages to Reduce Fronting Exposure During any period in which there is a Defaulting Lender, for purposes of computing the amount of the obligation of each non-Defaulting Lender to acquire, refinance or fund participations in Letters of Credit or Swing Line Loans pursuant to Sections 2.03 and 2.04, the “Applicable Percentage” of each non-Defaulting Lender shall be computed without giving effect to the Commitment of that Defaulting Lender; provided, that, (i) each such reallocation shall be given effect only if, at the date the applicable Lender becomes a Defaulting Lender, no Default or Event of Default exists; and (ii) the aggregate obligation of each non-Defaulting Lender to acquire, refinance or fund participations in Letters of Credit and Swing Line Loans shall not exceed the positive difference, if any, of (1) the Commitment of that non-Defaulting Lender minus (2) the aggregate Outstanding Amount of the Committed Loans of that Lender.

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