Monies Withheld Sample Clauses

The 'Monies Withheld' clause allows one party to retain or withhold payment of certain funds under specified circumstances, typically when the other party has not fulfilled contractual obligations. In practice, this clause may apply if goods or services are delivered late, are defective, or if there are outstanding claims or disputes regarding performance. Its core function is to provide leverage and protection for the paying party, ensuring that obligations are met before full payment is released and reducing the risk of non-performance or breach.
Monies Withheld. When CITY has reasonable grounds for believing that: A. CONSULTANT will be unable to perform this contract fully and satisfactorily within the time fixed for performance; or B. A claim exists or will exist against CONSULTANT or CITY arising out of the negligence of the CONSULTANT or the CONSULTANT’S breach of any provision of this contract; then CITY may withhold payment of any amount otherwise due and payable to CONSULTANT under this contract. Any amount so withheld may be retained by CITY for that period of time as it may deem advisable to protect CITY against any loss and may, after written notice to CONSULTANT, be applied in satisfaction of any claim described herein. This provision is intended solely for the benefit of CITY by reason of CITY’S failure or refusal to withhold monies. No interest shall be payable by CITY on any amounts withheld under this provision. This provision is not intended to limit or in any way prejudice any other right of CITY.
Monies Withheld. When City has reasonable grounds for believing that: A. Engineer will be unable to perform this contract fully and satisfactorily within the time fixed for performance; or B. A claim exists or will exist against Engineer or City arising out of the negligence of the Engineer or the Engineer’s breach of any provision of this contract; then City may withhold payment of any amount otherwise due and payable to Engineer under this contract. Any amount so withheld may be retained by City for that period of time as it may deem advisable to protect City against any loss and may, after written notice to Engineer, be applied in satisfaction of any claim described herein. This provision is intended solely for the benefit of City, and no other person or entity shall have any right or claim against City by reason of City’s failure or refusal to withhold monies. No interest shall be payable by City on any amounts withheld under this provision. This provision is not intended to limit or in any way prejudice any other right of City.
Monies Withheld. When the Owner has reasonable grounds for believing that: a. Contractor will be unable to perform this contract fully and satisfactorily within the time fixed for performance; or b. A meritorious claim exists or will exist against the Contractor or the Owner arising out of the negligence of the Contractor or the Contractor's breach of any provision of this contract; then The Owner may withhold payment of any amount otherwise due and payable to the Contractor under this contract. Any amount so withheld may be retained by the Owner for that period as it may deem advisable to protect the Owner against any loss and may, after written notice to the Contractor, be applied in satisfaction of any claim described here. This provision is intended solely for the benefit of the Owner, and no other person or entity shall have any right or claim against the Owner by reason of the Owner's failure or refusal to withhold monies. No interest shall be payable by the Owner on any amounts withheld under this provision. This provision is not intended to limit or in any way prejudice any other right of the Owner.
Monies Withheld. When CITY has reasonable grounds for believing that a meritorious claim exists against CONTRACTOR or CITY arising out of the negligence, error or omission of CONTRACTOR or CONTRACTOR's breach of any provision of this Contract, then CITY may withhold payment of any amount otherwise due and payable to CONTRACTOR under this Contract. Any amount so withheld may be retained by CITY, for that period as it may deem advisable to protect CITY against any loss and CITY may, after written notice to CONTRACTOR, apply such money in satisfaction of any claim(s). This provision is intended solely for the benefit of CITY, and no other person or entity shall have any right against CITY by reason of CITY's failure or refusal to withhold monies. No interest shall be payable by CITY on any amounts withheld under this provision. This provision is not intended to limit or in any way prejudice any other right of CITY.
Monies Withheld. 10.4.1 Pursuant to the requirements under the Act regarding deductions, if upon termination of an Employee's employment the Employee owes any money to NextSense, or any related entity, (including as a result of any overpayments made to the Employee), with the written consent of the Employee that amount may be offset against any payments, other than payments in relation to statutory entitlements owed, that NextSense is obliged to make to the Employee.
Monies Withheld. If upon termination of an employee’s employment, the employee owes any money to The Graffiti Eaters, or any related entity, (including as a result of any overpayments made to the employee), that amount may be offset against any payments that The Graffiti Eaters, are legally obliged to make to the employee.
Monies Withheld. When the Commissioner shall have reasonable grounds for believing that the Consultant will be unable to perform this Agreement fully and satisfactorily within the time fixed for performance, or a meritorious claim exists or will exist against the Consultant and/or the City arising out of the negligence of the Consultant, or the Consultant's material breach of any provision of this Agreement, then the Agency may withhold payment of any amount otherwise due and payable to the Consultant hereunder. Any amount so withheld may be retained by the Agency against any loss and may, after written notice to the Consultant, be applied in satisfaction of any claim herein described. This provision is intended solely for the benefit of the Agency, and no person shall have any right against the Commissioner's failure or refusal to withhold monies. No interest shall be payable by the City on any amounts withheld under this provision. This provision is not intended to limit or in any way prejudice any other right of the City. The Agency may, at its option, withhold for purposes of set-off any monies due to the Consultant under this Agreement up to the amount of the costs the Agency incurs, including change orders in construction as a result of the Consultant’s design errors and/or omissions.
Monies Withheld. If, upon termination of an Employee’s employment, the Employee owes any money to the Company, or any related entity, (including as a result of any overpayments made to the Employee), as a result of an overpayment that amount may be offset against any payments that the Company is legally obliged to make to the Employee.
Monies Withheld. When CITY has reasonable grounds for believing that CONTRACTOR will be unable to perform this contract fully and satisfactorily within the time fixed for performance, or that a meritorious claim exists or will exist against CONTRACTOR or CITY arising out of the CONTRACTOR's breach of any provision of this contract or CONTRACTOR’s negligence, then CITY may withhold payment of any amount otherwise due and payable to CONTRACTOR under this contract. Any amount so withheld may be retained by CITY for that period as it may deem advisable to protect CITY against any loss; and CITY may, after written notice to CONTRACTOR, apply such money in satisfaction of any claim. This provision is intended solely for the benefit of CITY, and no other person or entity shall have any right against CITY or claim against CITY by reason of CITY's failure or refusal to withhold monies. No interest shall be payable by CITY on any amounts withheld under this provision. This provision is not intended to limit or in any way prejudice any other right of CITY.
Monies Withheld. When City has reasonable grounds for believing that: A. Engineer will be unable to perform this contract fully and satisfactorily within the time fixed for performance; or B. A claim exists or will exist against Engineer or City arising out of the negligence of Engineer or Engineer's breach of any provision of this contract; then