Common use of Right to Withhold Payments Clause in Contracts

Right to Withhold Payments. (a) In addition to all other rights and remedies of District hereunder and by virtue of the law, District may withhold up to one hundred fifty percent (150%) of claimed or bona fide disputed amounts from any Tenant Improvement Payment (any progress payment, final payment, retention funds, or Lease Payments) to such extent as may reasonably be necessary to protect District from loss on account of:

Appears in 4 contracts

Samples: Facilities Lease, Facilities Lease, Facilities Lease

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Right to Withhold Payments. (a) In addition to all other rights and remedies of District hereunder and by virtue of the law, District may withhold up to one hundred fifty percent (150%) of claimed or bona fide disputed amounts from any Tenant Improvement Payment (any progress payment, final payment, retention funds, funds or Lease Payments) to such extent as may reasonably be necessary to protect District from loss on account of:

Appears in 2 contracts

Samples: Facilities Lease, Facilities Lease

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Right to Withhold Payments. (a) In addition to all other rights and remedies of District hereunder and by virtue of the law, District may withhold up to one hundred fifty percent (150%) of claimed or bona fide disputed amounts from nullify the whole or any Tenant Improvement Payment (part of any progress payment, partial or final payment, retention funds, or Lease Payments) payment to such extent as may reasonably be necessary to protect District from loss on account of:

Appears in 1 contract

Samples: Facilities Lease

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