Common use of Retention of Contribution Clause in Contracts

Retention of Contribution. The Province will retain 10% of the Maximum Funds in respect of each Project (“Holdback”) up until the Recipient has fulfilled all of its obligations under the Agreement for the Project.

Appears in 10 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement, Transfer Payment Agreement

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Retention of Contribution. The Province will retain 10% of the Maximum Funds in respect of each the Project (“Holdback”) up until the Recipient has fulfilled all of its obligations under the Agreement for the Project.

Appears in 9 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement, Transfer Payment Agreement

Retention of Contribution. The Province will retain 10% of the Maximum Funds in respect of each the Project (“Holdback”) up until the Recipient has fulfilled all of its obligations under the Agreement for the Project.following conditions have been met:

Appears in 2 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement

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Retention of Contribution. The Province will retain a maximum of 10% of the Maximum Funds provincial funding in respect of each the Project (“Holdback”) up until the Recipient has fulfilled all of its obligations under the Agreement for the Project.

Appears in 2 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement

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