Holdback definition

Holdback has the meaning set forth in Section 4.1(d)(i).
Holdback means the Holdback described in and to be paid in accordance with section A.4.12 (Retention of Contribution) and Article J.7.0 (Holdback).
Holdback has the meaning set forth in Section 1.6(b).

Examples of Holdback in a sentence

  • Subject to paragraph A.4.2(c) of Schedule “A”, the Province will pay to the Recipient the remainder of the Funds under the Agreement, including the Holdback, after all of the conditions under section A.4.12 of Schedule “A” (Retention of Contribution) have been met.

  • On the Effective Date, the Plan Administrator shall fund a True-Up Holdback in accordance with the provisions of the Plan.


More Definitions of Holdback

Holdback means an unsecured, non-interest-bearing obligation of Parent or -------- any Subsidiary to pay a portion of the purchase price for any purchase or other acquisition permitted hereunder which matures within nine months of the date of such purchase or other acquisition.
Holdback. As security for the performance of the Contractor’s obligations under this Agreement, and in addition to, and not in substitution for, any amount referred to in Paragraph 5.4, the Company:
Holdback means any portion of the purchase price for a Permitted Acquisition not paid at the closing therefor but held by the Borrower or any Subsidiary for satisfaction of indemnification obligations or purchase price adjustments.
Holdback has the meaning set forth in Section 1.3.
Holdback shall have the meaning set forth in Section 3.2.
Holdback means the holdback amount as set out in Schedule J [Payment Schedule] which amount is intended to secure the performance of the Vendor’s obligations under this Contract.