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holdback |
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holdback Retainage; amounts withheld from payment until certain goals have been reached. Example: A lender holds back funding the balance of a loan until stabilized occupancy has been reached, or a homeowner holds back the final 10 percent of a construction contract price until after completion of all inspections. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The holdback was something producers had secured in contract negotiations with writers and directors last year. This non-recourse, assumable first mortgage was funded on an 82% leased office building with a small holdback which will be released to the Borrower once the property has achieved a stabilized 90% occupancy level. removing the current tariff holdbacks and reducing all tariffs by 10%, |
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