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 5.2.

Examples of Holdback in a sentence

• Subject to paragraph A.4.2(c), the Province will pay to the Recipient the remainder of its contribution under the Agreement, including the Holdback, after all of the conditions under section A.4.12 (Retention of Contribution) have been met.

• Subject to paragraph A.4.2(c) of Schedule “A”, the Province will pay to the Recipient the remainder of the Funds under the Agreement, including the Holdback, after all of the conditions under section A.4.12 of Schedule “A” (Retention of Contribution) have been met.

• When that specific contract is paid in full, or when the specified number of monthly payments has been made, if earlier, the Specific Holdback will be paid to the Dealer, unless the account had ever been delinquent as defined in 8(a) above, in which case it will be credited to the Reserve Account instead.

• It is mutually agreed between the Employer and the Union, that in order to prevent any monetary impact on existing Regional Employees, the Employer will advance payment for the Common Payroll Holdback period, such advance to be recovered upon the employee’s termination or retirement.

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 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:

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 means the holdback amount as set out in Schedule J [Payment Schedule] which amount is intended to secure the performance of the Vendor’s obligations under this Contract.

Holdback shall have the meaning set forth in Section 9.3.