Common use of Retentions Clause in Contracts

Retentions. In addition to any other rights Buyer has, Buyer may, at its sole option, withhold payment of up to ten percent (10%) of the total value of this Purchase Order or individual invoices until Seller provides all required objective quality evidence, submits required data items, and satisfactorily fulfills all other reporting and documentation requirements.

Appears in 7 contracts

Sources: Terms and Conditions, Terms and Conditions, Terms and Conditions