Legislative Holdback definition

Legislative Holdback means the holdback to be maintained under the Construction Contract pursuant to Part IV of the Construction Lien Act (Ontario).
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Legislative Holdback means the holdback to be maintained under Part IV of the
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Legislative Holdback means the basic holdback to be retained pursuant to section 22(1) of the CA. For greater certainty, the amount of the holdback required by Part IV of the CA may be reduced by the amount of the holdback which has been paid by DB Co or the Construction Contractor in respect of Subcontracts certified complete under Section 33 of the CA in accordance with Section 25 of the CA.
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Examples of Legislative Holdback in a sentence

  • Contracting Authority agrees to pay the Legislative Holdback as Project Co may direct in accordance with any such direction.

  • Project Co acknowledges and agrees that payment by Contracting Authority of the Legislative Holdback in accordance with this Section 4.5 as Project Co may direct, constitutes payment by Contracting Authority to Project Co in satisfaction of Contracting Authority’s obligation to pay the Legislative Holdback to Project Co under this Project Agreement and in satisfaction of any trust obligation of Contracting Authority with respect to such payments under section 7 of the CLA pursuant to section 10 of the CLA.

  • Project Co acknowledges and agrees that payment by Contracting Authority of the Legislative Holdback in accordance with this Section 4.5 as Project Co may direct, constitutes payment by Contracting Authority to Project Co in satisfaction of Contracting Authority’s obligation to pay the Legislative Holdback to Project Co under this Project Agreement and in satisfaction of any trust obligation of Contracting Authority with respect to such payments under Section 7 of the CLA pursuant to Section 10 of the CLA.

  • Project Co acknowledges and agrees that payment by the College of the Legislative Holdback in accordance with this Section 4.5 as Project Co may direct, constitutes payment by the College to Project Co in satisfaction of the College’s obligation to pay the Legislative Holdback to Project Co under this Project Agreement and in satisfaction of any trust obligation of the College with respect to such payments under Section 7 of the CLA pursuant to Section 10 of the CLA.

  • Agent shall withhold the required Legislative Holdback amount to the intent that at any point in time up to and including the Substantial Performance Date there is under the Financing an unadvanced holdback amount representing the required Legislative Holdback amount in respect to the Base Progress Payments certified for payment under the Construction Contract and whether or not any such Base Progress Payment has in fact been paid to such point in time.

  • For greater certainty, the Parties acknowledge that the Interim Reimbursement Payment is net of any Legislative Holdback required to be maintained by Owner.

  • The College agrees to pay the Legislative Holdback as Project Co may direct in accordance with any such direction.

  • Project Co agrees that it shall, and shall be solely responsible to maintain and fund the Legislative Holdback account in respect of all Base Progress Payments.

  • Project Co shall provide the Owner and the Agent with monthly confirmation that the Legislative Holdback is being maintained by Project Co in an account dedicated for that purpose.

  • Project Co acknowledges and agrees that payment by the CTC of the Legislative Holdback in accordance with this Section 4.5 as Project Co may direct, constitutes payment by the CTC to Project Co in satisfaction of the CTC’s obligation to pay the Legislative Holdback to Project Co under this Project Agreement and in satisfaction of any trust obligation of the CTC with respect to such payments under Section 7 of the CLA pursuant to Section 10 of the CLA.


More Definitions of Legislative Holdback

Legislative Holdback means the holdback(s) to be retained under Section 18(1) of the BLA. 1.611 “Legislative Holdback Payment” means the payment described in Section 1.5 [Legislative Holdback Payment] of Schedule 16 [Payment Mechanism].
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Legislative Holdback means the holdback(s) to be retained under Section 18(1) of the PPCLA.
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Related to Legislative Holdback

  • Legislative body means the municipal council.

  • Legislative action means the development, drafting, introduction, consideration, modification, adoption, rejection, review, enactment or defeat of any bill, resolution, amendment, report, nomination, proposed administrative rule or other matter by the legislature or by either house or any committee, subcom- mittee, joint or select committee thereof, or by a legislator or employee of the legislature acting in an official capacity. “Legis- lative action” also means the action of the governor in approving or vetoing any bill or portion thereof, and the action of the gover- nor or any agency in the development of a proposal for introduc- tion in the legislature.

  • Legislative Assembly means Legislative Assembly of Union territory of Jammu and Kashmir;

  • Legislative or administrative interest means an economic interest, distinct from that of the general public, in:

  • Legislative authority means, with respect to a regional transit authority, the board of trustees thereof, and with respect to a county that is a transit authority, the board of county commissioners.

  • Local legislative body means a common council, village board of trustees or town board of supervisors.

  • Legislative Leadership Committee means a committee established, authorized to be established, or designated by the President of the Senate, the Minority Leader of the Senate, the Speaker of the General Assembly, or the Minority Leader of the General Assembly pursuant to N.J.S.A. 19:44A-10.1 for the purpose of receiving contributions and making expenditures.

  • Legislator means a member or member-elect of the General Assembly;

  • Law 11/2015 means Law 11/2015 of 18 June, on recovery and resolution of credit institutions and investment firms (Ley 11/2015, de 18 de junio, de recuperación y resolución de entidades de crédito y empresas de servicios de inversión) as amended or replaced from time to time.

  • Applicable Public Official or State Employee means any public official or state employee described in

  • Aboriginal child means a child who is an Aboriginal person

  • Indian child means any unmarried person who is under age eighteen and is either (a) a member of an Indian tribe or (b) is eligible for membership in an Indian tribe and is the biological child of a member of an Indian tribe;

  • Legislative office means the office of state senator, state representative, speaker

  • Area Median Income means the most recent applicable county median family income published by the California Tax Credit Allocation Committee.

  • Labour Relations Act means the Labour Relations Act, 1995 (Act No. 66 of 1995);

  • Foreign Government Scheme or Arrangement has the meaning specified in Section 5.12(d).

  • Consult collegially means that the district governing board shall develop policies on academic and professional matters through either or both of the following methods, according to its own discretion:

  • Investor Relations Activities means any activities, by or on behalf of the Company or a shareholder of the Company, that promote or reasonably could be expected to promote the purchase or sale of securities of the Company, but does not include:

  • Grandparent means the parent of an Employee’s Parent.

  • Stepchild means a child of the surviving, deceased, or former spouse of the testator or of the donor of a power of appointment, who is not the testator's or donor's child.

  • State Budget Director means the individual appointed by the Governor pursuant to Section 321 of The Management and Budget Act, 1984 PA 431, MCL 18.1321.

  • Stepparent means a person who is not the parent of the dependent child, but is the legal spouse of the dependent child’s parent by ceremonial or common-law marriage.

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Free appropriate public education means special education and related services that are provided at public expense and under public supervision and direction, and without charge, meet the standards of the Department of Public Instruction, include an appropriate preschool, elementary or secondary school education; and are provided in conformity with an IEP.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • previous planning legislation means any planning legislation that is repealed by the Act or the provincial legislation;