Retention Amounts definition

Retention Amounts is defined in Section 2.4(g).

Retention Amounts means any or all of them;

Retention Amounts means the retention payments in the retention agreements that are set forth on Part 2.17(a) of the Disclosure Schedule.

Examples of Retention Amounts in a sentence

• Be issued as an irrevocable and unconditional direction to the Bank to disburse Retention Amounts from the Retention PBA, to the account(s) specified.

• To avoid doubt, notwithstanding the termination of the Contractor’s employment under the Contract, this deed poll will not terminate if any Retention Amounts remain in the Retention PBA.

• Retention Release Instruction means a payment instruction: (a) in ABA File Format; and (b) which gives effect to the requirements set out in Schedule 6, the purpose of which is to disburse Retention Amounts from the Project Bank Account.

• For the avoidance of doubt, Allocated Retention Amounts represent Fixed Amounts in respect of Notional Amounts which were attributable to Defaulted Reference Obligations, and are therefore not payable to the Protection Seller.

• The balance of the Retention Account shall, on any day, be equal to (1) the aggregate amount of all Period Retention Amounts withheld on previous Fixed Rate Payer Payment Dates plus all accrued interest on the Retention Account at the Retention Account Rate, less (2) the sum of (a) the aggregate of all Period Payment Amounts paid on previous Fixed Rate Payer Payment Dates and (b) the aggregate of all Allocated Retention Amounts (the difference between such amounts, the “Retention Account Balance”).

More Definitions of Retention Amounts

Retention Amounts means the First Retention Amount referred to in Clause 4.3.1.1 and the Second Retention Amount referred to in

Retention Amounts means the First Retention Amount and the Second Retention Amount.

Retention Amounts means, solely to the extent set forth on Section 1.1(f) of the Disclosure Letter, any stay, retention or other bonuses or compensation payable in connection with or as a result of the transactions contemplated by this Agreement.

Retention Amounts means one-third (1/3) of the amount due on the following Payment Date (including principal, interest and any amount payable under any Interest Rate Agreement) which is paid (i) from the US Dollar Trust Earnings Account with respect to all of the Relevant Vessels employed in Mexico under the Mexican Navigation and Commerce Law (Ley de Navegación y Comercio Marítimos) and (ii) from the Earnings Account with respect to all of the Relevant Vessels employed in a trade other than in Mexico under the Mexican Navigation and Commerce Law (Ley de Navegación y Comercio Marítimos), on a monthly basis and which shall be used to repay the Advances;

Retention Amounts means the First Retention Amount referred to in Clause 4.3.1.1 and the Second Retention Amount referred to in Clause 4.3.1.2;

Retention Amounts means any amounts withheld by Seller from Contractors as Contractor retention amounts prior to December 31, 2014 with respect to amounts otherwise due and payable to such Contractors prior to December 31, 2014 under Development Contracts as set forth in Section 1.1(h) of the Disclosure Schedule.

Retention Amounts means the amounts of the price which the buyer may retain for the retention period and which, unless specified otherwise on the order, will be 10% of any payment made to the supplier for the works;