Common use of Retention of Contribution Clause in Contracts

Retention of Contribution. Payments made during the Project will not exceed 90% of the Contribution. The Project is subject to a financial holdback of 10% until the Project is completed to the satisfaction of the Province.

Appears in 2 contracts

Sources: Ptif Contribution Agreements, Provincial Contribution Agreement

Retention of Contribution. Payments made during the Project will not exceed 90% of the Contribution. The Project is subject to a financial holdback of 10% until the Project is completed to the satisfaction of Canada and the Province, and all reporting requirements have been fulfilled.

Appears in 2 contracts

Sources: Icip Contribution Agreement, Icip Contribution Agreement

Retention of Contribution. Payments made during the Project will not exceed 90% of the Contribution. The Project is subject to a financial holdback of 10% until the Project is completed to the satisfaction of the ProvinceNova Scotia.

Appears in 1 contract

Sources: Provincial Contribution Agreement