Holdback Release Payment definition

Holdback Release Payment means any portion of the Holdback Amount released to the Paying Agent pursuant to the terms of this Agreement.
Holdback Release Payment means the First Holdback Release Payment and each Subsequent Holdback Release Payment.
Holdback Release Payment means any portion of the Holdback Amount released to the Paying Agent pursuant to the terms of this Agreement. "Information Privacy and Security Laws" mean all Laws that apply to the Company concerning the privacy and/or security of information

Examples of Holdback Release Payment in a sentence

  • Accrued interest on the Holdback Amount shall be paid to the Seller annually on the anniversary of the Closing Date (or, if such anniversary date is not a Business Day, then on the next Business Day); provided, however, that in the event a Holdback Release Payment is made to the Seller on a date which is not an interest payment date, such Holdback Release Payment shall be accompanied by payment of interest on the amount of such Holdback Release Payment at the Applicable Rate then in effect.

  • Final payment will be made subject to Section GC 8.02.03.05 “Substantial Performance Payment and Substantial Performance Statutory Holdback Release Payment Certificates” of the OPS General Provisions of Contract, and the following conditions if applicable.

  • Final payment will be made subject to Section GC 8.02.04.05 “Substantial Performance Payment and Substantial Performance Statutory Holdback Release Payment Certificates” of the OPS General Provisions of Contract, and the following conditions if applicable.

  • The Substantial Performance Statutory Holdback Release Payment Certificate shall be a payment certificate releasing to the Contractor the Statutory Holdbacks due in respect of Work performed up to the date of Substantial Performance.

  • The Completion Statutory Holdback Release Payment Certificate shall be a payment certificate releasing to the Contractor the further Statutory Holdback.

  • Notwithstanding the requirements of the Construction Lien Act and Statutory Holdback Release Payment, a 2.5% holdback will be withheld in conjunction with, and for the duration of, the Guaranteed Maintenance period.


More Definitions of Holdback Release Payment

Holdback Release Payment has the meaning specified in Section 5.11(d).
Holdback Release Payment means any portion of the Holdback Amount released to the Paying Agent pursuant to the terms of this Agreement. "Information Privacy and Security Laws" mean all Laws that apply to the Company concerning the privacy and/or security of informationpertaining to an individual, including, where applicable, HIPAA, state data breach notification Laws, state social security number protection Laws, the European Union Directive 95/46/EC, the Federal Trade Commission Act, Canada's Personal Information Protection and Electronic Documents Act, the Gramm Leach Bliley Act, the Fair Credit Reporting Act, the Fair and Accurate Credit Transactions Act, and state consumer protection Laws.

Related to Holdback Release Payment

  • Release Amount means, for a Property, the following applicable amount together with any other amounts specified in Section 2.4.4:

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • extended reduction (qualifying contributory benefits means a reduction under this scheme for which a person is eligible in accordance with paragraph 88 or 95;

  • Repurchase Payment for any Repurchased Receivable as of the last day of any Collection Period, means the sum of the Principal Balance thereof as of the beginning of such Collection Period plus interest accrued thereon through the due date for the Obligor’s payment in such Collection Period at the related APR, after giving effect to the receipt of monies collected on such Repurchased Receivable, if any, during such Collection Period.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • PRE-PAYMENT The Tenant shall: (check one)

  • Damage Payment means the dollar amount equal to the amount initially posted as Project Development Security pursuant to Section 8.4(a).

  • Release Price As defined in Section 4.5(a).

  • Indemnity Escrow Amount means $3,000,000.

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Severance Payment means any amount paid by a board to or in behalf of a superintendent on early termination of the superinten- dent’s contract that exceeds the amount earned by the superinten- dent under the contract as of the date of termination, including any amount that exceeds the amount of earned standard salary and benefits that is paid as a condition of early termination of the con- tract. Payments to a former superintendent who remains employed by a district in another capacity or contracts with a district to pro- vide the district services may be severance payments in whole or in part if the payments are compensation for the early termination of a prior employment agreement. Severance payments include any payment for actual or threatened litigation involving or related to the employment contract. Education Code 11.201(c); 19 TAC 105.1021(a)(1)

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Purchase Payment A payment made toward this Contract.

  • Interim Payment has the meaning specified in Section 10.1.

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • PURCHASE PAYMENTS [We reserve the right to reject any Purchase Payment.] Minimum Subsequent Purchase Payment: [$500 for both Non-Qualified and Qualified, unless you have elected an automatic sweep program.]

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Escrow Cash is defined in Section 4.1(a).