Examples of Handback Holdback in a sentence
Upon payment being received in full by the Authority, the Authority will issue the Handback Certificate and return the Handback Holdback to Project Co and if such payment is not received from Project Co when due, the Authority may draw any unpaid amounts against the Handback Holdback and release the balance of the Handback Holdback to Project Co.
Upon payment being received in full by the Province, the Province will issue the Handback Certificate and return the Handback Holdback to Project Co and if such payment is not received from Project Co when due, the Province may draw any unpaid amounts against the Handback Holdback and release the balance of the Handback Holdback to Project Co.