Withholding of grant Sample Clauses

Withholding of grant. ‌ 17.1 Notwithstanding any other term of this Agreement: 17.1.1 on or following the occurrence of a GW1 Event, Homes England: (a) shall be entitled to suspend the payment of any Tranche due to the Lead Partner; (b) shall, as soon as reasonably practicable, notify the Lead Partner of such suspension and the period within which it (acting reasonably) requires the failure or breach giving rise to the GW1 Event (the GW1 Failure) to be remedied; (c) shall, if it is satisfied (acting reasonably) that the GW1 Failure has been remedied, notify the Lead Partner to that effect and shall (subject to clause 17.3 (Withholding of Grant)) make such payment of any Tranche as may then be due to the Lead Partner (assuming no other General Withholding Event subsists). Such payment to be made within ten (10) Business Days of the date of Homes England's notification under this clause 17.1.1(c) (Withholding of Grant); and (d) shall be entitled, if the GW1 Failure has not been remedied within the period prescribed pursuant to clause 17.1.1(b) (Withholding of Grant) or it is or becomes apparent that the GW1 Failure is incapable of remedy either within such period or at all, to exercise the same rights as are set out in clauses 17.1.2(a) (Withholding of Grant) to 17.1.2(c) (Withholding of Grant) (inclusive); 17.1.2 on or following the occurrence of a GW2 Event, Homes England: (a) shall not be obliged to make the payment of any Tranche due to the Lead Partner; (b) shall (on giving the Lead Partner not less than ten (10) Business Days written notice) be entitled to cancel any further payment of Allocated Capital Grant due to the Lead Partner under this Agreement; and (c) shall be entitled to reallocate or redirect such part of the Allocated Capital Grant as has not yet been paid to the Lead Partner to such other person or for such purpose as Homes England in its discretion considers appropriate; 17.1.3 on or following the occurrence of a GW3 Event, Homes England: (a) shall not be obliged to make the payment of any Tranche due to the Lead Partner; (b) shall (on giving the Lead Partner not less than ten (10) Business Days written notice) be entitled to cancel any further payment of Allocated Capital Grant due to the Lead Partner under this Agreement; and (c) shall be entitled to reallocate or redirect such part of the Allocated Capital Grant as has not yet been paid to the Lead Partner to such other person or for such purpose as Homes England in its discretion considers appropriate; 1...
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Withholding of grant. 16.1 Notwithstanding any other term of this Agreement the GLA shall not be obliged to make any payment to the Grant Recipient whether by way of First Tranche Grant or Second Tranche Grant or otherwise where: 16.1.1 the Named Project has not been delivered in accordance with the Named Project Details or in accordance with the Named Project Delivery Timetable (in circumstances, where applicable, in which the GLA was unable to agree revised Milestone Dates); 16.1.2 the Grant Recipient is unable to give the confirmations or certifications required by OPS or to make the representations and give the warranties referred to in Condition 13.2 and Condition 13.4 (in any case in whole or in part); 16.1.3 a Prohibited Act has been committed by or on behalf of the Grant Recipient and the Grant Recipient has not satisfied the Waiver Condition in respect of such Prohibited Act; 16.1.4 the Grant Recipient is subject to a Section 15 Direction which has or will have a Material Adverse Effect; 16.1.5 the Grant Recipient has ceased to operate; 16.1.6 the Grant Recipient’s status as a Registered Provider or Investment Partner is removed or withdrawn; 16.1.7 the Regulator directs the GLA not to give grant to the Grant Recipient or formally recommends to it that it should not do so; 16.1.8 where the Grant Recipient is in material breach of Condition 9 or Condition 10 and has not taken steps to remedy it to the GLA's satisfaction (acting reasonably); 16.1.9 the Grant Recipient (either by its own actions or omissions or those of its contractors or agents) xxxxx the GLA's, the AHP 2016/21's or the Mayor of London's reputation or brings the GLA, the AHP 2016/21's or the Mayor of London into disrepute; or 16.1.10 the Grant Recipient has breached its obligations under any of Conditions 11, 17, or 19.
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Withholding of grant. ‌ 23.1 Notwithstanding any other term of this Agreement: 23.1.1 on or following the occurrence of a GW1 Event, Homes England:‌
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Withholding of grant the Agency has exercised its rights under:
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Withholding of grant. 16.1 Notwithstanding any other term of this Agreement the GLA shall not be obliged to make any payment to the Lead Partner whether by way of First Tranche Grant or Second Tranche Grant or otherwise where: 16.1.1 the Named Project has not been delivered in accordance with the Named Project Details or in accordance with the Named Project Delivery Timetable (in circumstances, where applicable, in which the GLA was unable to agree revised Milestone Dates); 16.1.2 the Lead Partner or the Relevant Consortium Member is unable to give the confirmations or certifications required by OPS or to make the representations and give the warranties referred to in Condition 13.2 and Condition 13.5 (in any case in whole or in part); 16.1.3 a Prohibited Act has been committed by or on behalf of a Consortium Member (in respect of which the Waiver Condition has not been satisfied); 16.1.4 an Insolvency Event has occurred; 16.1.5 a Consortium Member has ceased to operate; 16.1.6 a Consortium Member's status as a Registered Provider is removed or withdrawn; 16.1.7 any Consortium Member that is a LA Provider is or becomes subject to a Section 15 Direction which has or will have a Material Adverse Effect. 16.1.8 the Lead Partner's Investment Partner status is lost, removed or relinquished; 16.1.9 the Regulator directs the GLA not to give grant to the Lead Partner or to the Relevant Consortium Member or formally recommends to it that it should not do so; 16.1.10 where a Consortium Member is in material breach of Condition 9 or Condition 9.2 and has not taken steps to remedy it to the GLA's satisfaction (acting reasonably);
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Withholding of grant. 22.1 Notwithstanding any other term of this Agreement: 22.1.1 on or following the occurrence of a GW1 Event, Homes England: (a) shall be entitled to suspend any payment due to the Grant Recipient (whether by way of Acquisition Tranche Grant, Start on Site Tranche Grant, Practical Completion Tranche Grant, Revenue Quarterly Payment or otherwise); (b) shall, as soon as reasonably practicable, notify the Grant Recipient of such suspension and the period within which it (acting reasonably) requires the failure or breach giving rise to the GW1 Event (the GW1 Failure) to be remedied; (c) shall, if it is satisfied (acting reasonably) that the GW1 Failure has been remedied, notify the Grant Recipient to that effect and shall (subject to Clause 22.3 (Withholding of Grant)) make such payment of Acquisition Tranche Grant, Start on Site Tranche Grant, Practical Completion Tranche Grant or Revenue Quarterly Payment as may then be due to the Grant Recipient (assuming no other General Withholding Event subsists). Such payment shall be made within ten
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Withholding of grant. If the Xxxxx Xxxxxx or the Host Institution has failed to comply with this Grant Contract, the Paget's Association may withhold payment of any instalment of the Grant until the non- compliance is remedied to the Paget's Association’s reasonable satisfaction.
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Withholding of grant. Notwithstanding any other term of this Agreement the GLA shall not be obliged to make any payment to the Grant Recipient whether by way of First Tranche Grant or Second Tranche Grant or otherwise where:
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Related to Withholding of grant

  • Withholding of Payments Notwithstanding anything to the contrary herein, the Grantee acknowledges that payments due under this Contract may be withheld or permanently suspended, in whole or in part, if Grantee fails to comply with any federal or state law, administrative rule, or regulation applicable to the services provided herein, or if Grantee fails to perform its duties and responsibilities in accordance with the terms and conditions of this Contract.

  • Withholding Rights Each of the Surviving Corporation and Parent shall be entitled to deduct and withhold from the consideration otherwise payable pursuant to this Agreement to any holder of Shares such amounts as it is required to deduct and withhold with respect to the making of such payment under the Code, or any provision of state, local or foreign tax law. To the extent that amounts are so withheld by the Surviving Corporation or Parent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the Shares in respect of which such deduction and withholding was made by the Surviving Corporation or Parent, as the case may be.

  • Withholding Requirements In the event that any jurisdiction imposes any withholding or other tax on any payment made by Xxxxxxx Mac (or its agent, the Exchange Administrator, or any other person potentially required to withhold) with respect to a Note, Xxxxxxx Mac (or its agent, the Exchange Administrator, or such other person) will deduct the amount required to be withheld from such payment, and Xxxxxxx Mac (or its agent, the Exchange Administrator, or such other person) will not be required to pay additional interest or other amounts, or redeem or repay the Notes prior to the Maturity Date, as a result.

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