Payment Retention Clause Samples

Payment Retention. Al invoices properly submitted by SUBCONTRACTOR, inducing applicable waivers and releases, in accordance with this Master Agreement and applicable Work Order will be paid by PG&E ES within fifteen (15) days of receipt of such invoice, less a ten (-D%) retention ("Retention") (identified by SUBCONTRACTOR in each invoice). unless an invoice contains a disputed amount, whereupon PC&E ES shall make a partial payment to SUBCONTRACTOR for the undisputed amount, minus the Retention, and PG&E ES shall withhold the disputed amount until the dispute is resolved by the Parties. Except for Retention amounts expended by PG&E ES to correct SUBCONTRACTOR's defective work or to complete the Work not completed by SUBCONTRACTOR, the -'Il Retention amount shall be paid to SUBCONTRACTOR a te time of the Work Order final payment.

Payment Retention. Agency may retain 10% of each billing statement as security for the fulfillment of this Agreement. After Consultant has completed all services as required under this Agreement, submitted final billing, and if the Department Head has determined that the services have been completed in accordance with this Agreement, Agency will release all withheld funds.

Payment Retention. The Coordinator is entitled to withhold any payments due to a Party identified by the General Assembly to be in breach of its obligations under this Consortium Agreement or the EC-GA”, or to a Beneficiary which has not yet signed this Consortium Agreement. The Coordinator is entitled to recover any payments already paid to a Defaulting Party.

Payment Retention. Unless otherwise agreed to in writing by ▇▇▇▇▇ and the customer, Egans will not accept any form of payment retention by the customer. Should the customer withhold any payment/part payment, Egans will deem the customer to be in breach of this contract.

Payment Retention. City shall pay 90% of the invoiced amount and withhold 10% as payment retention pending completion of the System Acceptance Test for the AMR System as set forth in Attachment A, Scope of Work & Pricing , whereupon such remaining 10% shall be paid by City. Freight: Prices include freight prepaid and allowed. The Contractor assumes the risk of every increase, and receives the benefit of every decrease, in delivery rates and charges. Title: Prices are F.O.B. destination. Title to items and risk of loss remain with Contractor until City receives items at the delivery point.

Payment Retention. Cataloguing and Record Preparation services only.

Payment Retention. All disbursements shall be subject to withholding of an eight percent (8%) retention from the PAYMENT SCHEDULE until the CONSULTANT provides documentation to City showing that the Project has been completed to the City’s satisfaction and upon meeting the following conditions: a. Payment of B-Permit fees; b. Submission of signed released forms from each artist involved, which will provide evidence that each artist has received full and fair compensation for the work and releases the City, LA Metro, the State, and Destination ▇▇▇▇▇▇▇▇ from any and all future liability (Exhibit G); c. Submittal of proof of payments, including supporting backup documentation, for all project related costs; d. Submission of a Maintenance Plan for the improvements in the public right- of-way; and, e. Upon verification by BOE of the following: i. That all employees of the prime contractor and all sub-contractors were paid appropriately (i.e. prevailing wage, living wage and/or minimum wage); ii. The number of employees (i.e. prime contractor, all sub-contractors, artists and Destination ▇▇▇▇▇▇▇▇ staff) working on the Project that reside locally; and, iii. Final close-out fiscal report as required by the City within forty-five

Payment Retention. 15.2.1 If Commerce One's actual achieved performance shall fail to meet any relevant Order Standard in any month then BT shall have the right to retain a maximum of 10% of the total sum otherwise due to Commerce One for each Order Standard not met; 15.2.2 Any sums to be retained under Condition 16.

Payment Retention. The City shall not be obligated to pay any other compensation, fees, charges, prices or costs, nor shall Contractor charge any additional compensation for completing the Work Order of the Statement of Work. All costs invoiced to the City shall be associated with an active and open Work Order. Invoices for hardware and software installed in City facilities and other Work performed under this Contract shall be submitted in writing to the City’s project manager. In addition to agreed upon charges, invoices shall include such information as is necessary for the City to determine the exact nature of all expenditures and shall reference this AMR Contract and the associated Work Order. The invoices must show a breakdown of services or products provided and costs for each. Invoices must specify the name and phone number of the City employee that placed the Work Order, and must be accompanied by a receipt signed by that employee confirming that the services or products were received by the City. Additional payment terms or invoice instructions may be mutually agreed upon by the City and the Contractor. Payment does not constitute whole or partial acceptance of the AMR System; City acceptance of the AMR System shall only occur by formal written notice to that effect.