Common use of Withheld Payment Clause in Contracts

Withheld Payment. In the event of breach of contract, the Customer may withhold payment, although the amount withheld shall not be obviously higher than what is necessary to secure the Customer's claim resulting from the breach of contract.

Appears in 9 contracts

Sources: Operational Services Agreement, Development and Customisation Agreement, Development and Customisation Agreement

Withheld Payment. In the event of a breach of contractcontract on the part of the Contractor, the Customer may withhold payment, although the amount withheld shall not be obviously higher than what is necessary to secure the Customer's claim resulting from the breach of contract.

Appears in 7 contracts

Sources: Maintenance Agreement, Maintenance Agreement, Maintenance Agreement

Withheld Payment. In the event of a breach of the contract, the Customer may withhold payment, although the amount withheld shall not be obviously higher than what is necessary to secure the Customer's claim resulting from the breach of contractin question.

Appears in 1 contract

Sources: Master Service Agreement

Withheld Payment. In the event of a breach of contract, the Customer may withhold payment, although the amount withheld shall not be obviously higher than what is necessary to secure the Customer's claim resulting from the breach of contract.

Appears in 1 contract

Sources: Maintenance Agreement