Retained Amounts means, with respect to the calculation of the amount of the Series A Dividend payable in connection with any fiscal year of the Company, fifty percent (50%) of the aggregate amount of Net Income from Healthcare Services (but excluding Dividend Receivables) that exceeds the then-current Baseline Amount.
Retained Amounts means that portion of the recovered amounts retained by the local agency. The retained amounts will be equal to fifty percent of the recovered amounts, together with interest earned thereon. Retained amounts shall be under the jurisdiction of the City.
Retained Amounts. The amounts permitted to be retained by Borrower from each draw request for Hard Costs under the General Contracts or Major Subcontracts.
Examples of Retained Amounts in a sentence
Retained Amounts shall be payable upon the Agency’s delivery of written notice of Final Acceptance, subject to the terms and conditions hereof.
Retained Amounts shall be payable upon DOE’s delivery of written notice of Final Acceptance, subject to the terms and conditions hereof.
Upon receipt of written notice of Acceptance from DOE with respect to one or more Deliverable(s), Vendor shall submit an invoice to DOE requesting payment of the fees or other compensation specified in the Purchasing Instrument associated with such Deliverable(s), less any Retained Amount(s) to be withheld in accordance with Section 4.7 (Retention).
Retained Amounts shall be payable upon the State’s delivery of written notice of Final Acceptance, subject to the terms and conditions hereof.
The Retained Amounts for Deliverables provided under any Statement of Work shall be payable upon the Department’s delivery of written notice of Final Acceptance of such Deliverables to Vendor, subject to the terms and conditions of this Agreement.
More Definitions of Retained Amounts
Retained Amounts means that part of the Recovered Amounts retained by the County.
Retained Amounts has the meaning assigned to such term in Section 2.05(b)(vi).
Retained Amounts. The greater of the Retainage Percentage of the ------------------ Hard Costs or the actual retained amounts specified on the Draw Request.
Retained Amounts specified on the Direct Cost Statement;
Retained Amounts is defined in Section Section 6.1(e).
Retained Amounts means ten percent (10%) of the Hard Costs incurred, on a contract by contract basis, until the Contractor under a particular General Contract has performed fifty percent (50%) of the work required to be performed thereunder. Thereafter there shall be no retainage for Hard Costs unless the General Contract or General Contracts provide for retainage in which event retainage from the loan proceeds shall be in that amount. Such 3 <PAGE> retainage shall be advanced upon presentation to Huntington of a certificate from the Project architect that such General Contract has been fully performed and verification of such performance by Xxxxxxxxxx's architect. Notwithstanding the foregoing, retainage with respect to future tenant improvements shall be separately retained and advanced on substantially the same basis. 1.30 "Requisition" shall mean a statement executed by Borrower which is to be delivered to the Agent setting forth the amount of the Loan advance requested in each instance and including: (a) the Hard Costs Statement and Soft Costs Statement; (b) Payment Receipts for all Hard Costs covered by a previous Requisition; (c) proof of payment of all Soft Costs covered by a previous Requisition; and (d) a list of proposed payees. 1.31 "Soft Costs" shall mean all costs, other than Hard Costs, necessary for Completion of the Project, including without limitation, architects' and attorneys' fees, ground rents, interest, real estate taxes, survey costs and insurance premiums. 1.32 "Soft Costs Loan" shall mean that portion of the Loan Amount applicable and equal to the sum of the Loan Budget Amount for Soft Costs shown on the Cost Breakdown. 1.33 "Soft Costs Statement" shall mean a statement setting forth, by line item and category, Soft Costs incurred and to be incurred, to be prepared, certified and approved as accurate by Borrower and submitted to Huntington with each Requisition. 1.34 "Title Insurer" shall mean the issuer of the title insurance policy insuring the lien of the Mortgage. 2.
Retained Amounts means a portion of the funds to be deposited into the Project Collateral Account in an amount reasonably acceptable to Administrative Agent and Lessee which (i) pursuant to the terms of the Applicable Project Agreement, is required to be held throughout the term of such Project Agreement to secure Lessor's payment obligations under such Project Agreement, (ii) is provided for in the applicable Facility Budget and (iii) if not drawn upon, is required to be released to Lessor not later than Substantial Completion of the applicable Facility. Except for Excepted Interconnect Agreements relating to an Uncompleted Facility or a Proposed Site which in the aggregate represent not more than eight percent (8%) of the Asset Costs budgeted for such Uncompleted Facility or Proposed Site, each such Project Collateral Account Agreement also shall provide that the Applicable Contractor's claims against Lessor or Lessee shall be limited to the Project Collateral Account and the Project Agreement Indemnity or Project Letter of Credit described below.