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holdback
(redirected from holdbacks)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.05 sec.
holdback [′hōl‚bak]
(mechanical engineering)
A brake on an inclined-belt conveyor system which is automatically activated in the event of power failure, thus preventing the loaded belt from running downward.


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removing the current tariff holdbacks and reducing all tariffs by 10%,
UN), for an aggregate purchase price of Cdn $133 Million, subject to the usual closing adjustments as well as holdbacks with respect to the completion of remerchandising plans for several of the Centres.
UN) announced today that it has conditionally agreed to acquire nine retail shopping centres (the "Centres"), which are owned and/or managed by Counsel Corporation ("Counsel") (TSX:CXS), for an aggregate purchase price of $133 million, subject to the usual closing adjustments as well as holdbacks with respect to the completion of remerchandising plans for several of the Centres.
 
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