Common use of Retention of Contribution Clause in Contracts

Retention of Contribution. The Province will retain a minimum of 10% of the funding for the Project (“Holdback”). The Province will release the amount retained when:

Appears in 8 contracts

Samples: Payment Agreement, Payment Agreement, Payment Agreement

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Retention of Contribution. The Province will retain a minimum maximum of 10% of the provincial funding for and 5% of the federal funding in respect of each Project (“Holdback”). The Province will release ) up until the amount retained whenfollowing conditions have been met:

Appears in 5 contracts

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

Retention of Contribution. The Province will retain a minimum of 10% of the funding for the Project (“Holdback”). The Province will release ) up until the amount retained whenfollowing conditions have been met:

Appears in 2 contracts

Samples: Amending Agreement, Amending Agreement

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Retention of Contribution. The Province will retain a minimum maximum of 10% of the provincial funding for the in respect of each Project (“Holdback”). The Province will release ) up until the amount retained whenfollowing conditions have been met:

Appears in 1 contract

Samples: Transfer Payment Agreement

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