Retention Charges

How is Retention Charges defined in a legal contract?

• Retention Charges means the charges determined by a [organization] periodically, that are levied when granting an extension of time for starting construction or production activities for which a plot allocation is made beyond the specified time in the rules. Seen in 2 SEC filings

Please note that the second definition has been omitted due to the mention of a company.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of retention charges' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Retention Charges means charges that a [organization] sets and alters over time, when they give more time for starting project activity on an allotted plot.

Relevant Contract Type

• Building Contracts
• Construction Contracts
• Renovation Contracts
• Project Contracts

Relevant Circumstances

• Extension of project timeline
• Minor delays in construction or production start
• Refinancing or change in funding of a project or build

Relevant Sectors

• Construction
• Real Estate
• Manufacturing
• Project Management

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