Performance Holdbacks definition

Performance Holdbacks has the meaning set out in Section 43.1;
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Performance Holdbacks has the meaning set out in Section 43.1; “Phasing Plan” has the meaning set out in Section 24.1;
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Performance Holdbacks has the meaning set out in Section 41.1; (fff) “Preload Contract” has the meaning set out in Section 11.1;
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Examples of Performance Holdbacks in a sentence

  • If the Owner accepts the proposal, the Owner will upon receipt of the performance security release the Performance Holdbacks to the Design-Builder.

  • If any amount is applied against the Performance Holdbacks, the Design-Builder will at the Owner’s option, acting reasonably, either pay such amount to the Owner to replenish the Performance Holdbacks then required to be withheld, or the Owner may withhold such amount from the next payment or payments due to the Design-Builder.

  • The Owner may, in its discretion, either deduct the daily sums in respect of liquidated damages from the Performance Holdbacks or any amounts payable to the Design-Builder under this Agreement or may require payment thereof by the Design-Builder on demand.

  • If the Authority accepts the proposal, the Authority will upon receipt of the performance security release the Performance Holdbacks to the Design-Builder.

  • If any amount is applied against the Performance Holdbacks, the Design-Builder will at the Authority’s option, acting reasonably, either pay such amount to the Authority to replenish the Performance Holdbacks then required to be withheld, or the Authority may withhold such amount from the next payment or payments due to the Design-Builder.

  • The Owner may in its discretion either deduct the daily sums in respect of liquidated damages from the Performance Holdbacks or any amounts payable to the Design-Builder under this Agreement or may require payment thereof by the Design-Builder on demand.

  • The Authority may, in its discretion, either deduct the weekly sums in respect of liquidated damages from the Performance Holdbacks or any amounts payable to the Design-Builder under this Agreement or may require payment thereof by the Design-Builder on demand.

  • If the Authority accepts the proposal, the Authority will upon receipt of the letter of credit release the Performance Holdbacks to the Design-Builder.

  • The Authority may, in its discretion, either deduct the daily sums in respect of liquidated damages from the Performance Holdbacks or any amounts payable to the Design-Builder under this Agreement or may require payment thereof by the Design-Builder on demand.

  • If any amount is applied against the Performance Holdbacks, the Design-Builder will at the Authority's option, acting reasonably, either pay such amount to the Authority to replenish the Performance Holdbacks then required to be withheld, or the Authority may withhold such amount from the next payment or payments due to the Design-Builder.


More Definitions of Performance Holdbacks

Performance Holdbacks means the V3 Holdback, the Preliminary PP Holdback and the Full PP Holdback.
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Performance Holdbacks has the meaning set out in Section 43.1; "PNG" means Pacific Northern Gas Ltd.;
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Related to Performance Holdbacks

  • Performance Cash means any cash incentives granted pursuant to Article 9 payable to the Participant upon the achievement of such performance goals as the Committee shall establish.

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Performance Date means June 30, 2027. If the Locality, in consultation with VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, on or before the Performance Date the Locality may request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Company and the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Performance Unit Agreement means a written agreement between the Company and a Holder with respect to a Performance Unit Award.