Holdback Payment definition

Holdback Payment means any Initial Holdback Payment, Subsequent Holdback Payment or Supplemental Holdback Payment.

Holdback Payment means have the meaning specified in Section 2.07.

Holdback Payment has the meaning set forth in Section 1.5.

Examples of Holdback Payment in a sentence

• Subject to Section 3.13, Hospital covenants and agrees with Contractor to pay to Contractor the Substantial Performance Holdback on the Substantial Performance Holdback Payment Date and to pay to Contractor the unpaid balance of the Guaranteed Price (as defined in the Construction Contract) on the date provided in GC 5.9.4 of the Construction Contract.

• Subject to Section 3.13, Hospital covenants and agrees with Contractor to pay to Contractor the Substantial Performance Holdback on the Substantial Performance Holdback Payment Date and to pay to Contractor the unpaid balance of the Guaranteed Price (as defined in the Construction Contract) on the date provided in GC 5.8.4 of the Construction Contract.

• Subject to Section 3.11, Hospital covenants and agrees with Contractor to pay to Contractor the Substantial Performance Holdback on the Substantial Performance Holdback Payment Date and to pay to Contractor the unpaid balance of the Guaranteed Price (as defined in the Construction Contract) on the date provided in GC 5.8.4 of the Construction Contract.

• The City Representative shall, within fourteen (14) calendar days’ receipt of the Contractor’s application, issue a Holdback Payment Certificate or a list of items to be rectified prior to payment.

• The City Representative shall, within fourteen (14) calendar days of receipt of the Contractor’s application, issue a Holdback Payment Certificate or a list of items to be rectified prior to payment.

More Definitions of Holdback Payment

Holdback Payment means any amount payable to the former Shareholders and Option Holders of the Company pursuant to Section3.1(d) or 3.1(e).

Holdback Payment means an amount equal to $750,000.00, less the indemnification payments satisfied pursuant to Section 9.7 hereof, which amount shall be paid by Buyer to Figgie pursuant to Section 8.9 hereof.

Holdback Payment means Two Hundred Fifty Thousand Dollars ($250,000), subject to set off rights of Buyer, as set forth in Section 6.7, and subject to adjustment pursuant to Section 2.3 and Section 2.4.

Holdback Payment means any amount payable to the former Shareholders and Option Holders of the Company pursuant to Section 3.1(d) or 3.1(e).

Holdback Payment means the remainder, if any, of (i) the Escrow Consideration, minus (ii) the aggregate amount finally determined to be payable to NETGEAR Indemnified Persons pursuant to Article XI pursuant to Claims made on or prior to the one year anniversary of the Closing Date.

Holdback Payment means any payment to the Seller of a portion of the Holdback Amount pursuant to Section 2.10.

Holdback Payment means One Million United States Dollars ($1,000,000), which sum shall be converted to Euros in accordance with Section 2.4(a)(iii) below.