Holdback definition
Holdback has the meaning set forth in Section 4.1(d)(i).
Holdback means the Holdback described in and to be paid in accordance with section A.4.12 (Retention of Contribution) and Article J.7.0 (Holdback).
Holdback has the meaning set forth in Section 2.6(c).
Examples of Holdback in a sentence
WSP shall retain a Holdback of 10% of the Charges for each Deliverable which has received Acceptance and for which WSP has agreed to pay Charges in a Change Order.
More Definitions of Holdback
Holdback means an unsecured, non-interest-bearing obligation of Parent or -------- any Subsidiary to pay a portion of the purchase price for any purchase or other acquisition permitted hereunder which matures within nine months of the date of such purchase or other acquisition.
Holdback means an amount withheld under the terms of the contract to ensure the complete performance of the contract and to avoid overpayment in relation to progress of work;
Holdback means an amount of cash held by our credit card processors in certain circumstances (including, with respect to certain agreements, our failure to maintain certain levels of liquidity).
Holdback has the meaning set forth in Section 3.1.1.
Holdback. As security for the performance of the Contractor’s obligations under this Agreement, and in addition to, and not in substitution for, any amount referred to in Paragraph 5.4, the Company:
(a) may hold back from any payment referred to in Paragraph 5.3 an amount specified in Schedule A of this Agreement, if any;
(b) may apply the amount held back under subparagraph (a) to remedy any breach of this Agreement by the Contractor or to cover any amount referred to in Paragraph 5.4; and
(c) will pay to the Contractor any portion of the amount held back under subparagraph (a) that has not been used in accordance with subparagraph (b) within 30 days after the later of the date:
(i) the Work and all of the other obligations of the Contractor under this Agreement have been completed to the satisfaction of the Company;
(ii) the Company approves the final invoice from the Contractor for the Work; and
(iii) the Contractor has provided to the Company evidence to the satisfaction of the Company that there are no claims, liens, charges or other encumbrances arising in any manner from the operations of the Contractor under or in relation to this Agreement, including, without limitation, a letter of clearance from the Workers Compensation Board in respect of the Work.
Holdback means any portion of the purchase price for a Permitted Acquisition not paid at the closing therefor but held by the Borrower or any Subsidiary for satisfaction of indemnification obligations or purchase price adjustments.
Holdback has the meaning set forth in Section 2(b)(i) below.