Withholding of Records Clause Samples

The 'Withholding of Records' clause allows one party to retain possession of certain documents or records, typically until specific conditions are met, such as payment of outstanding fees or fulfillment of contractual obligations. In practice, this means that a service provider, like an accountant or consultant, may refuse to release client files or work products if the client has not paid for services rendered. The core function of this clause is to provide leverage for the party holding the records, ensuring compliance with the agreement and incentivizing timely payment or performance by the other party.
Withholding of Records. Under California law, a private school cannot refuse to provide student records to a requesting elementary school or high school because of any outstanding charges, including tuition or fees that the student or parents/guardians owe. However, in accordance with school policy, the school may withhold from parents/guardians the grades, diploma, or transcripts of a student pending the payment of certain amounts for damaged property, the return of loaned property, or unpaid tuition or fees.
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Withholding of Records. The School may withhold and refuse to release report cards, transcripts and all other academic records for any student whose tuition, fees or other financial obligations to the school are not paid in full. This also applies to graduating students applying for high school admission. If payment is made by personal check, the School reserves the right to continue withholding the records until the check has cleared. If payment is made by cash, money order or certified check, the School will release the records upon receipt of payment. Payments by personal check must be made at least 10 days prior to a regularly scheduled report card distribution date. Payments made within 10 days of a regularly scheduled report card distribution date must be made by cash, money order or certified check. After 60 days the tuition account will be turned over to a collection agency.
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Withholding of Records. In the event that FAMILY has outstanding financial obligations when a student leaves the school, SCHOOL may withhold any diploma, progress reports, or other records until those financial obligations have been met.
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Withholding of Records. “In accordance with school policy, the school may withhold from parents/guardians the grades, diploma, transcripts and tablets of a student pending the payment of certain amounts for damaged property, the return of loaned property, or unpaid tuition or fees.”
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Related to Withholding of Records

  • Withholding of Payment City reserves the right to withhold, in whole or in part, payment for any and all work that: (i) has not been completed by Contractor; (ii) is inadequate or defective and has not been remedied or resolved in a manner satisfactory to the City Project Manager; or (iii) which fails to comply with any term, condition, or other requirement under this Agreement. Any payment withheld shall be released and remitted to Contractor within THIRTY (30) calendar days of the Contractor’s remedy or resolution of the inadequacy or defect.

  • Withholding of Tax The Company shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant’s FICA and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or remitted to comply with the Code and/or any other applicable law, rule or regulation with respect to the Restricted Stock and, if the Participant fails to do so, the Company may otherwise refuse to issue or transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. Any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable to the Participant hereunder.

  • Withholding of Payments Notwithstanding anything to the contrary herein, the Grantee acknowledges that payments due under this Contract may be withheld or permanently suspended, in whole or in part, if Grantee fails to comply with any federal or state law, administrative rule, or regulation applicable to the services provided herein, or if Grantee fails to perform its duties and responsibilities in accordance with the terms and conditions of this Contract.

  • Withholding of Taxes The Company may withhold from any amounts payable under this Agreement all federal, state, city or other taxes as the Company is required to withhold pursuant to any applicable law, regulation or ruling.

  • ▇▇▇ Withholding Notwithstanding any other provision of this Agreement, the Company may withhold from amounts payable under this Agreement all federal, state, local and foreign taxes that are required to be withheld by applicable laws or regulations.