Withhold Arrangement Sample Clauses
A Withhold Arrangement clause establishes the right of one party to temporarily retain payments or funds that would otherwise be due to the other party under certain conditions. Typically, this clause is triggered if the receiving party fails to meet specific obligations, such as delivering goods, completing services, or providing required documentation. By allowing the withholding of payments until contractual requirements are satisfied, this clause incentivizes compliance and protects the withholding party from the risk of non-performance or breach.
Withhold Arrangement. Withhold arrangement means any payment mechanism under which a portion of a capitation rate is withheld from the Contractor and a portion or all the withheld amount will be paid to the Contractor for meeting targets specified in the contract.
Withhold Arrangement. The Agency will implement a withhold arrangement to reward the Contractor’s efforts to improve quality and outcomes as described in the relevant yearly rate certification. See: Special Contract Attachment Section 3.2 (Rate Sheets).
Withhold Arrangement. Any payment mechanism under which a portion of a Capitation payment is withheld from the Primary Contractor and a portion of or all of the withheld amount will be paid to the Primary Contractor for meeting targets specified in the Agreement. The targets for a withhold arrangement are distinct from general operational requirements under the Agreement. Arrangements that withhold a portion of a Capitation payment for noncompliance with general operational requirements are a penalty and not a withhold arrangement.
Withhold Arrangement. Any payment mechanism under which a portion of a Capitation payment is withheld from the Primary Contractor and a portion of or all of the withheld amount will be paid to the Primary Contractor for meeting targets specified in the Agreement. The targets for a withhold arrangement are distinct from general operational requirements under the Agreement. Arrangements that withhold a portion of a Capitation payment for noncompliance with general operational requirements are a penalty and not a withhold arrangement. Women’s Business Enterprise- A small business concern which is: a sole proprietorship, owned and controlled by a woman; a partnership or joint venture controlled by women in which at least 51% of the beneficial ownership interest is held by women; or a corporation or other entity controlled by women in which at least 51% of the voting interest and 51% of the beneficial ownership interest is held by women.