Retention Moneys definition

Retention Moneys means, if applicable under the Contract, moneys deducted by Synergy under clause A32.
Sample 1
Retention Moneys means the sums withheld by the Employer by way of retention pursuant to Clause 68;
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Retention Moneys means the sums withheld by the Authority by way of retention pursuant to Clause 68;
Sample 1

Examples of Retention Moneys in a sentence

  • If the security is not transferable by delivery it shall be accompanied by an executed transfer thereof to the Principal and the costs and expenses (including all stamp or other duties) of and incidental to the said transfer shall be borne and paid by the Contractor.” Delete sub-clause 5.7 Reduction of Security and Retention Moneys in its entirety.

  • The Contractor must provide Security as set out in the Contract Particulars to the Principal: in the case of Approved Security, within 14 days of the Award Date: or in the case of Retention Moneys, in accordance with clause 11.5(a).

  • Means either: Approved Security; or Retention Moneys, as specified in the Contract Particulars.

  • The Subcontractor must provide security to the Contractor: in the case of Approved Security: in the form of Approved Security; in the amounts specified in the Subcontract Particulars for the Subcontract Works or a Stage; and within 14 days of the Award Date; or in the case of Retention Moneys, in accordance with clause 12.5(a).

  • Retention Moneys and Retention Security: Type here (If unspecified, 20%).

  • If, for any reason, the reserve has a value of less than the said 5 (five) percent at any time prior to the date of issue of the Substantial Completion Certificate for the Works or the Substantial Completion Certificate for the first Section to be completed (but not thereafter), further Retention Moneys up to 10 (ten) percent of the amounts due to the Contractor from time to time will be retained until the reserve is restored to 5 (five) percent of the Tender Total.

  • Retention Security equal to 4% of the Contract Sum in substitution of Retention Moneys (if applicable).

  • The Subcontractor must provide security to the Contractor: in the case of Approved Security: in the form of Approved Security; in the amount specified in the Subcontract Particulars for the Subcontract Works or the Stage; and within 14 days of the Award Date; or in the case of Retention Moneys, in accordance with clause 11.5(a).

  • If Security is by way of Retention Moneys, then the Contractor may deduct the percentage stated in the Subcontract Particulars of every payment until it has accrued the percentage of the Subcontract Price stated in the Subcontract Particulars.

  • Provided that the aggregate of all sums - 91/105 - certified pursuant to this Clause 68.3(a) shall not exceed one half of the whole of the Retention Moneys.


More Definitions of Retention Moneys

Retention Moneys means the retention moneys withheld by the Principal under Clause 42.3;
Sample 1
Retention Moneys means as set out in Sub-Clause 5.3.
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Related to Retention Moneys

  • Retention Money means the accumulated retention moneys which the Procuring Entity retains under Sub-Clause

  • Retention Date shall have the meaning set forth in Section 9.01 of this Agreement.

  • Public moneys means all moneys belonging to, received by, or held by, the state, or any city, county, town, district, or public agency therein, or by an officer thereof acting in his or her official capacity, and includes the proceeds of all bonds and other evidences of indebtedness, trust funds held by public pension and retirement systems, deferred compensation funds held for investment by public agencies, and public moneys held by a financial institution under a trust indenture to which a public agency is a party.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Retention Bonus means an incentive bonus provided under

  • Secured Moneys means, without double counting, the aggregate of all moneys owing to the Security Trustee or to a Secured Creditor under any of the Transaction Documents provided that:

  • Earnings Accounts means the bank accounts of each of the Obligors from time to time each of which shall be held with the Agent or any of the Agent’s corresponding banks and to which all the Earnings and any proceeds of the Insurances shall be paid.

  • Retention Amount means, in relation to any Retention Date, such sum as shall be the aggregate of:

  • Retention means a system designed to prevent the discharge of a given volume of stormwater runoff into surface waters in the state by complete on-site storage. Examples are systems such as excavated or natural depression storage areas, pervious pavement with subgrade, or above ground storage areas.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Earnings Account means, in relation to a Ship, an account in the name of the Owner owning that Ship with the Agent in Hamburg designated “[name of relevant Owner]—Earnings Account” or any other account (with that or another office of the Agent) which replaces such account and is designated by the Agent as that Earnings Account for the purposes of this Agreement and, in the plural, means all of them;

  • Severance Benefits means the payment of severance compensation as provided in Section 3.3 herein.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Security Policy Framework means the Cabinet Office Security Policy Framework (available from the Cabinet Office Security Policy Division);

  • Retention Period means the time period that the Customer Data is stored within the cloud storage, as specified in the product addenda.

  • Requisition Compensation includes all compensation or other moneys payable by reason of any act or event such as is referred to in paragraph (b) of the definition of “Total Loss”;

  • Securities Payment has the meaning specified in Section 1302.

  • Available Moneys means:

  • Client Money means the provisions of the FCA’s Client Assets Sourcebook relating to client money.

  • Earnings Account Pledge means, in respect of each Earnings Account, a first priority charge required to be executed hereunder between the relevant Borrower and the Security Trustee in respect of its Earnings Account in such form as the Agent and the Majority Lenders may require in their sole discretion, and in the plural means both of them;

  • Insured”, “You”, “Your means a person:

  • Security Policy means the Authority’s Security Policy annexed to Schedule (Security Requirements and Plan) as updated from time to time.

  • HMG Security Policy Framework means the Cabinet Office Security Policy Framework (available from the Cabinet Office Security Policy Division) as updated from time to time.

  • Valuables means photographic, audio, video, computer and any other electronic equipment, telecommunications and electrical equipment, telescopes, binoculars, antiques, watches, jewellery, furs and articles made of precious stones and metals.

  • Bond Insurance Policy means the municipal bond insurance policy, if any, issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds and constitutes a Bond Facility under the Indenture.

  • You and Your means the person(s) named on the Schedule as the insured.