Common use of Withholding of Progress Payments Clause in Contracts

Withholding of Progress Payments. Notwithstanding anything contained in the Contract to the contrary, the Fund may withhold payment of all or any part of a progress, final or guarantee payment, in such an amount as it may deem proper to enforce the provisions of the Contract and to satisfy the claims of third parties, when:

Appears in 4 contracts

Samples: Agreement, University Construction Fund Agreement, University Construction Fund Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.