Common use of Right to Withhold Progress Payments Clause in Contracts

Right to Withhold Progress Payments. Notwithstanding Section 2.2, the Province may withhold any progress payment if and so long as a Termination Event has occurred and continues without the circumstances giving rise to the Termination Event being fully cured, rectified or remedied by the Contractor.

Appears in 4 contracts

Samples: Agreement, www.infrastructure.alberta.ca, www.infrastructure.alberta.ca

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Right to Withhold Progress Payments. Notwithstanding Section 2.2Sections 2.2 and 2.3, the Province may withhold any progress payment if and so long as a Termination Event has occurred and continues without the circumstances giving rise to the Termination Event being fully cured, rectified or remedied by the Contractor.

Appears in 3 contracts

Samples: www.transportation.alberta.ca, open.alberta.ca, open.alberta.ca

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Right to Withhold Progress Payments. Notwithstanding Section 2.2Sections 2.2 and 2.3, the Province may withhold any progress payment if and so long as a Termination Event has occurred and continues without the circumstances giving rise to the Termination Event being fully cured, rectified or remedied by the Contractor. [NOTE TO DRAFT: ACTUAL AMOUNTS WILL BE INPUT INTO THIS SCHEDULE 9 BASED UPON THE DETERMINATION OF THE PROVINCIAL FUNDING BASED UPON THE PREFERRED PROPONENT’S PROPOSAL.]

Appears in 1 contract

Samples: www.transportation.alberta.ca

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