Common use of Withholding of Payment Clause in Contracts

Withholding of Payment. If the University believes that the Contractor has not performed according to this Agreement, the University may withhold payment in whole or in part pending resolution of the performance issue, provided that the University shall notify the Contractor in writing of its intent to do so at least ten (10) days in advance and that the University shall not so withhold payment if the Contractor resolves the performance issue within such ten day period.

Appears in 17 contracts

Samples: biznet.ct.gov, media.procurement.uconn.edu, biznet.ct.gov

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Withholding of Payment. If the University believes that the Contractor has not performed according to this Agreement, the University may withhold payment in whole or in part pending resolution of the performance issue, provided that the University shall notify notifies the Contractor in writing of its intent to do so at least ten (10) days in advance and that the University shall not so withhold payment if the Contractor resolves the performance issue within such ten day periodso.

Appears in 11 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

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