Examples of Holdback Amounts in a sentence
The Severance Holdback Amounts paid to the Executive on the Severance Delayed Payment Date are to accrue interest from the date each Severance Holdback Amount would have been paid during the Severance Holdback Period absent the holdback requirement until the Severance Delayed Payment Date.
The subaccount of the Reserve Account, the funds in which shall consist of all Class A-1 Holdback Amounts deposited therein during the Funding Period, other than investment earnings thereon.
The Employer shall pay the Severance Holdback Amounts in a single lump sum on the first (1st) day of the seventh (7th) month after the Date of Termination (the “Severance Delayed Payment Date”).
With respect to (i) each Mortgage Loan for which there are escrow deposits and Holdback Amounts, all such payments are held in the related Holdback Account in trust for the related Seller Party and (ii) all such payments in respect of escrow deposits and Escrow Payments are in the possession of, or under the control of, the related Seller Party and, in each case, no deficiencies exist in connection therewith for which customary arrangements for repayment thereof have not been made.
Holdback Amounts and Escrow Payments, have been collected in full compliance with state and federal law.