Common use of Retention in Escrow Account Clause in Contracts

Retention in Escrow Account. 39.2.1 Notwithstanding anything to the contrary contained in this Agreement, but subject to the provisions of Clause 39.2, a sum equal to the Performance Security shall be retained in the Escrow Account for a period of 90 (ninety) days after Termination for meeting the liabilities, if any, arising out of or in connection with the provisions of Clause 39.1.

Appears in 4 contracts

Samples: Draft Concession Agreement, Draft Concession Agreement, Concession Agreement

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Retention in Escrow Account. 39.2.1 22.6.2.1 Notwithstanding anything to the contrary contained in this Agreement, but subject to the provisions of this Clause 39.222.6.2, a sum equal to the Performance Security shall be retained in the Escrow Account for a period of 90 (ninety) days after Termination for meeting the liabilities, if any, arising out of or in connection with the provisions of Clause 39.1Article 25.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Retention in Escrow Account. 39.2.1 27.2.1 Notwithstanding anything to the contrary contained in this Agreement, but subject to the provisions of Clause 39.227.2, a sum equal to the Performance Security shall be retained in the Escrow Account for a period of 90 (ninety) days after Termination for meeting the liabilities, if any, arising out of or in connection with the provisions of Clause 39.127.1.

Appears in 1 contract

Samples: Operation Services Agreement

Retention in Escrow Account. 39.2.1 32.2.1 Notwithstanding anything to the contrary contained in this Agreement, but subject to the provisions of Clause 39.232.2, a sum equal to the Performance Security shall be retained in the Escrow Account for a period of 90 (ninety) days after Termination for meeting the liabilities, if any, arising out of or in connection with the provisions of Clause 39.1.clause 32.. Part VI Other Provisions

Appears in 1 contract

Samples: Concession Agreement

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Retention in Escrow Account. 39.2.1 Notwithstanding anything to the contrary contained in this Agreement, but subject to the provisions of Clause 39.232.2, a sum equal to the Performance Security shall be retained in the Escrow Account for a period of 90 (ninety) days after Termination for meeting the liabilities, if any, arising out of or in connection with the provisions of Clause 39.1.32.1. Part VI Other Provisions

Appears in 1 contract

Samples: Concession Agreement

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